San Diego, CA -- (SBWIRE) -- 03/13/2020 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Bloom Energy Corporation.

Investors who are current long term investors in Bloom Energy Corporation (NYSE: BE) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NYSE: BE stocks follows a lawsuit filed against Bloom Energy Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: BE stocks, concerns whether certain Bloom Energy Corporation directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the defendants in the Registration Statement that was issued in connection with Bloom's July 2018 initial public stock offering and between July 26, 2018 and September 16, 2019 made false and/or misleading statements and/or failed to disclose that Bloom's technology produced emissions comparable to that a modern natural gas plant, that Bloom's estimates of useful life for its energy servers and fuel cells were inaccurate, that Bloom used misleading accounting to mask the effect of future servicing expenses, that consequently, Bloom will potentially be liable for up to $2.2 billion in undisclosed servicing liabilities, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Bloom Energy Corporation (NYSE: BE) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.