The litigation, filed by Robbins LLP, targets a period between February 27, 2025, and July 8, 2026. Throughout this timeframe, Bloom Energy and its executives, including CEO K.R. Sridhar, maintained that the company’s supply chain remained free from significant Chinese exposure. These assurances appeared in multiple SEC filings, earnings calls, and media interviews, where leadership emphasized a strategic choice to avoid Chinese dependency to ensure long-term energy security.

Contradictions emerged following an investigation by Hunterbrook Media, which identified four trade routes suggesting Chinese scandium was reaching Bloom Energy through third-party countries. The report cited trade data and claims from a major Chinese producer identifying itself as a primary supplier to the company. Following the report’s publication, Bloom Energy’s stock fell 5.7% to close at $254.29 on July 8, 2026. Investors seeking to serve as lead plaintiff in the class action must file their applications by September 28, 2026.