BE.US
id: 533
Bloom Energy (BE) $3M IPO Settlement
Late claims are being considered for compensation, subject to approval.
N.D. California
Court4:19-cv-02935
Case number07/25/2018
Class period Start03/31/2020
Class period End03/29/2024
Claim deadlineBloom Energy Corporation (BE) agreed to settle $3 million to end further litigation over IPO in 2018.
Case Status
Accepting Late Claims
Alleged Offence
Misleading Statements,
Financial Misrepresentation,
Failure to Disclose,
Omissions
Suspected Party
Directors,
Management,
Investment Bank,
Service Provider
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.04
Filing date
05/28/2019
Lead Plaintiff Deadline
07/27/2019
Plaintiffs
James Everett Hunt, Juan Rodriguez, Kurt Voutaz, Joel White, Andrew Austin, Ryan Fishman
Attorneys
Hagens Berman Sobol Shapiro LLP (Berkeley, CA), Levi & Korsinsky, LLP (San Francisco, CA)
Defendants
KR Sridhar, Randy Furr, L. John Doerr, Scott Sandell, Eddy Zervigon, Colin L. Powell, Peter Teti, Mary K. Bush, Kelly A. Ayotte,
Judge
Hon. Haywood S. Gilliam, Jr.
Settlement agreement date
2023-06-30
Trades matching type
FIFO
+$3,000,000
Cash Settlement Amount