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BE.US
id: 533

Bloom Energy (BE) $3M IPO Settlement

Late claims are being considered for compensation, subject to approval.
N.D. California
Court
4:19-cv-02935
Case number
07/25/2018
Class period Start
03/31/2020
Class period End
03/29/2024
Claim deadline
Bloom 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

Bloom Energy Corp

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Ene...

    Ticker
    BE.US
    ISIN
    US0937121079
    CIK
    1664703
    Sector
    Industrials
    Industry
    Electrical Equipment & Parts
    Country
    USA
    Address
    4353 North First Street, San Jose, CA, United States, 95134