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Press Release
hsmith@howardsmithlaw.comThis investigation is for anyone who acquired securities in Bloom Energy Corporation (NYSE: BE) prior to July 8, 2026.
The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that the Company was not dependent on China for scandium, when, in fact, the Company was dependent on China for scandium.
On July 8, 2026, Hunterbrook published a report alleging, among other things, that despite the Company repeatedly claiming Bloom has “no China supply chain” and is “not dependent on China for scandium,” (the rare earth at the core of each Bloom fuel cell) “Bloom is, in fact, reliant on C5 Chinese scandium, according to global trade data, Chinese corporate filings, satellite imagery, and Hunterbrook’s messages with Bloom’s suppliers in China.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Bloom Energy Corporation (NYSE: BE) prior to July 8, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
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