NEW YORK, June 12, 2019 (GLOBE NEWSWIRE) -- Rosen
Law Firm, a global investor rights law firm, announces the filing
of a class action lawsuit on behalf of purchasers of the securities
of Bloom Energy Corporation (BE) pursuant
and/or traceable to Bloom Energyâs false and/or misleading
registration statement and prospectus (collectively, the
âRegistration Statementâ) issued in connection with Bloom Energyâs
initial public offering completed in July 2018 (the âIPOâ). The
lawsuit seeks to recover damages for Bloom Energy investors under
the federal securities laws.
To join the Bloom Energy class action, go to
call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or
for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE
ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY
COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR
CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING
AT THIS POINT. AN INVESTORâS ABILITY TO SHARE IN ANY POTENTIAL
FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD
According to the lawsuit, the Registration
Statement was false and/or contained misleading statements and/or
failed to disclose that: (1) Bloom Energy was experiencing material
construction delays that would cause system deployments to fall
significantly, even below the low end of Bloom Energyâs previously
announced guidance; and (2) as a result of the foregoing,
defendantsâ positive statements in the Registration Statement about
Bloom Energyâs business, operations, and prospects were materially
misleading and/or lacked a reasonable basis. When the true details
entered the market, the lawsuit claims that investors suffered
damages as Bloom Energyâs securities are currently trading
significantly below the IPO price.
A class action lawsuit has already been filed. If
you wish to serve as lead plaintiff, you must move the Court no
later than July 29, 2019. A lead plaintiff is a representative
party acting on behalf of other class members in directing the
litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1586.html or
to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. of Rosen Law Firm toll free at
866-767-3653 or via e-mail at [email protected] or
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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.
Attorney Advertising. Prior results do not
guarantee future outcomes.
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827