Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Bloom Energy Corp. (NYSE: BE) resulting from allegations that Bloom may have issued materially misleading business information to the investing public.
On September 17, 2019, Hindenburg Research published a report entitled “Bloom Energy: A “Clean” Energy Darling Witling to its Demise.” The report alleged that Bloom’s technology was “not sustainable, clean, green or remotely profitable” and that it had uncovered an estimated $2.2 billion in undisclosed servicing liabilities.
On this news, shares of Bloom fell $0.88 per share, or 21%, to close at $3.31 per share on September 17, 2019.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Bloom investors. If you purchased shares of Bloom please visit the firm’s website at http://www.rosenlegal.com/cases-register-1681.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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