Manufacturing Manager

SueWallSt reminds shareholders of a lead plaintiff deadline of September 28, 2026 in Bloom Energy Corporation lawsuit - BE. Pension funds, asset managers, and other fiduciaries holding Bloom Energy Corporation (NYSE: BE) shares are advised that a securities class action alleges the Company falsely assured investors it had "no China supply chain" while allegedly obtaining scandium through intermediaries that sourced the metal from China. NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) - SueWallSt notifies institutional investors in Bloom Energy Corporation (NYSE: BE) that a class action has been filed on behalf of shareholders who purchased securities between February 27, 2025 and July 8, 2026. Request an institutional investor loss assessment. You may also contact Joseph E. Levi, Esq. at [email protected] or | (888) SueWallSt. BE shares fell $15.28, or 5.7%, to close at $254.29 on July 8, 2026, on unusually heavy trading volume. For a fund holding 100,000 shares, that single session represents more than $1.5 million in market value. Those wishing to serve as lead plaintiff must act by September 28, 2026. Notice to Institutional Holders The pleading asserts that Bloom Energy repeatedly told the market its supply chain was "not dependent on China," including in SEC filings stating the Company's "supply chain does not have significant exposure to China." As averred in the action, the Company in fact allegedly obtained scandium, a rare earth dopant essential to its solid oxide fuel cells, through intermediaries that sourced the metal from China, thereby understating exposure to Beijing's export controls and U.S. tariff policy. Fiduciary Obligations and Recovery Options * Funds with documented Class Period losses may be evaluated for lead plaintiff eligibility, which carries no separate fee arrangement and no increase in individual recovery. * Investment policy statements and ERISA-governed plan documents frequently require trustees to assess and, where appropriate, pursue available claims on portfolio losses. * Sub-advised and commingled accounts may hold BE positions that a plan sponsor has not separately reviewed; custodial transaction files should be checked. * Passive index vehicles tracking clean energy or industrial benchmarks may have accumulated BE shares throughout the alleged Class Period. * Absent class members retain the ability to participate in any recovery without seeking lead plaintiff appointment. * Documentation typically needed is limited to purchase and sale dates, share quantities, and prices paid. "Institutional investors play a critical role in securities class actions, and their loss records often make them well suited to represent a class. Here, the complaint charges that Bloom Energy's supply chain representations did not reflect its alleged reliance on Chinese-sourced scandium, a distinction with direct consequences for cost and tariff risk." - Joseph E. Levi, Esq. WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve its clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Frequently Asked Questions About the BE Lawsuit Q: Who is eligible to join the BE investor lawsuit? A: Investors who purchased BE stock or securities between February 27, 2025 and July 8, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares. Q: How much did BE stock drop? A: Shares fell approximately 5.7%, a decline of $15.28 per share, after a July 8, 2026 report alleged Bloom Energy relied on Chinese scandium routed through intermediaries in Thailand, Japan, and South Korea. Investors who purchased during the Class Period at allegedly inflated prices may be eligible to seek compensation. Q: What court was the BE class action filed in? A: The case was filed in the United States District Court for the Northern District of California, governed by the Private Securities Litigation Reform Act of 1995. Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Appointment does not increase individual recovery but provides direct oversight of how the case is run. Q: How do I know if I lost enough money to be the lead plaintiff? A: There is no minimum loss threshold. Courts generally appoint the investor with the largest provable loss who is willing and able to represent the class adequately. Contact Levi & Korsinsky to evaluate lead plaintiff options. Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in the securities class action, they are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval... Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. If there is a settlement or recovery, eligible class members generally submit a claim form. Q: What if I live outside the United States? A: U.S. securities class actions generally cover purchases on U.S. exchanges regardless of the investor's country of residence. Levi & Korsinsky, LLP Joseph E. Levi, Esq. 33 Whitehall Street, 27th Floor New York, NY 10004 Tel: (888) SueWallSt Fax: (212) 363-7171 Attorney Advertising. Prior results do not guarantee similar outcomes. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Africa Finance Today do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Astera Labs (ALAB) stock surges 11% amid S&P 500 index addition rumors. Key highlights. * Shares of Astera Labs surged approximately 11% on Friday as market participants anticipated a potential addition to the S&P 500 during the September 21 rebalancing event. * Bloom Energy experienced a similar rally, climbing 7% on comparable S&P 500 inclusion expectations. * The company delivered Q2 2026 revenue of $392.4 million, representing a 104% increase year-over-year, while EPS of $0.80 surpassed analyst expectations of $0.69. * Management's Q3 revenue forecast of $540 million to $560 million suggests approximately 40% growth from the previous quarter. * Several Wall Street firms increased their price targets, with Citi establishing a $430 target, Roth Capital moving to $450, and Northland upgrading the stock to Outperform with a $350 price objective. Astera Labs (ALAB) shares experienced an approximately 11% rally on Friday, climbing from around $282 as market participants positioned ahead of a possible S&P 500 index inclusion expected later this month. Astera Labs, Inc. Common Stock, ALAB The quarterly S&P 500 index rebalancing is scheduled for September 21. Market observers anticipate the official announcement will come after Friday's closing bell. Traders have been building positions in anticipation, driving ALAB shares significantly higher. Bloom Energy (BE) experienced a similar tailwind, advancing roughly 7% on comparable S&P 500 addition speculation. With a market capitalization exceeding $63 billion, Bloom Energy represents a compelling candidate based purely on size metrics. Discover more Compare Index ETFs Choose POS Systems ALAB currently commands a market capitalization of approximately $47.6 billion. This valuation comfortably exceeds the S&P 500's present minimum requirement of $22.7 billion, positioning the company as a credible contender for index inclusion. HERE ARE THE TOP CONDIDATES FOR S&P 500 INCLUSION TODAY My top pick? You already know. Top candidates$SOFI SoFi Technologies$BE Bloom Energy$ALAB Astera Labs$LNG Cheniere Energy$P Everpure$CRDO Credo Technology$TWLO Twilio Other credible candidates$RPRX Royalty Pharma... https://t.co/I2ptGSSG0q pic.twitter.com/IHmbMaBsdc - Sam Badawi (@Sam_Badawi) September 4, 2026 Index inclusion typically triggers substantial buying activity, as index funds must purchase newly added constituents. With approximately 30% of the S&P 500 held in passive investment vehicles, any new entrant experiences automatic demand. This mechanism frequently generates upward price momentum even before official confirmation. Barron's identified additional potential candidates including Cheniere Energy (LNG), Everpure (P), Credo Technology (CRDO), Heico (HEI), Rocket (RKT), and Royalty Pharma (RPRX). SpaceX (SPCX) was excluded from consideration due to insufficient public trading history, falling short of the mandatory 12-month requirement. To accommodate new additions, the index typically removes companies with smaller market capitalizations. Current candidates for removal include Trade Desk (TTD), Builders FirstSource (BLDR), Norwegian Cruise Line (NCLH), Molson Coors (TAP), and Mosaic (MOS). Exceptional quarterly performance providing additional momentum. Index speculation represents just one catalyst behind ALAB's recent surge. The semiconductor connectivity specialist recently unveiled impressive Q2 2026 financial results. The company generated $392.4 million in revenue, marking a 104% year-over-year expansion. Adjusted earnings per share reached $0.80, exceeding Wall Street's consensus forecast of $0.69. These results demonstrated the company's accelerating growth trajectory. Management also elevated Q3 guidance, projecting revenue between $540 million and $560 million, implying approximately 40% sequential expansion. Scorpio X AI fabric switches began volume production earlier than anticipated, while PCIe 6.0 products now account for over 50% of quarterly revenue. Wall Street raises price expectations. Sell-side analysts have been revising their outlooks upward. Citi elevated its price target to $430. Roth Capital increased its forecast to $450. Northland upgraded ALAB to Outperform while establishing a $350 price objective. Prior to Friday's rally, the stock had declined more than 36% from its record high of $499.48. That pullback created an attractive entry point relative to the company's robust growth fundamentals. ALAB is scheduled to participate in the Citi 2026 Global TMT Conference on September 9, potentially generating additional institutional attention in the near term. Discover more exchange-traded funds (ETFs Compare Exchange Rates The post Astera Labs (ALAB) stock surges 11% amid S&P 500 index addition rumors appeared first on blockonomi.

Bloom Energy manufactures on-site power generators that convert natural gas, biogas, or hydrogen into electricity without combustion. The company's "Bloom Boxes" use an electrochemical process to deliver higher efficiency and lower emissions than traditional power sources. The technology addresses growing power demands from AI data centres. With grid-connection wait times exceeding five years, Bloom's behind-the-meter solution allows companies to generate their own electricity and contribute excess power back to the grid. Bloom Energy has shown rapid growth, with Q2 2026 revenue reaching $1.065 billion. The company has delivered an average earnings surprise of 164.10% over the past four quarters. In August, Nancy Pelosi disclosed owning 15,000 shares valued at over $10 million. The stock recently broke a multi-month downtrend on heavy volume.