DJS Law Group points investors to Bloom Energy class action over scandium claims

DJS Law Group on Sept. 8 said investors should review a class action lawsuit against Bloom Energy Corp. over alleged securities law violations tied to statements about scandium sourcing.

The press release says the case concerns Bloom Energy shares bought between Feb. 27, 2025, and July 8, 2026. It says the complaint alleges violations of Section 10(b), Section 20(a) and SEC Rule 10b-5. According to the release, the suit centers on claims that Bloom made false and misleading statements to the market, including statements about obtaining Chinese scandium through third parties outside China and downplaying its reliance on scandium from China.

The filing seeks to determine whether investors who bought during the class period may be part of any recovery. The release says lead plaintiff status is not required to participate in any recovery, though investors are encouraged to contact the firm about possible lead plaintiff appointments.

Bloom Energy is identified in the release as a NYSE-listed company under the ticker BE. The item is a law firm press release distributed through PR Newswire and includes promotional language about DJS Law Group’s practice areas.

The release says DJS Law Group focuses on securities class actions, corporate governance litigation, and domestic and international M&A appraisals. It also says the notice may be considered attorney advertising.

The release says the next steps are the litigation process and any deadlines tied to lead plaintiff appointment or class participation, as described in the lawsuit materials referenced by the firm’s notice.

Sources

• PR Newswire: Bloom Energy Corporation sued for securities law violations

Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.