Grabar Law Office is investigating claims on behalf of shareholders of Bloom Energy Corporation (NYSE: BE), Cogent Communications Holdings, Inc. (NASDAQ: CCOI), Insulet Corporation (NASDAQ: PODD), and Primoris Services Corporation (NYSE: PRIM). The Philadelphia-based law firm alleges that certain officers and directors at each company breached their fiduciary duties.

Bloom Energy Corporation (NYSE: BE)

The investigation concerns allegations that Bloom Energy made false or misleading statements regarding its supply chain reliance on China. According to a federal securities class action lawsuit, the company failed to disclose that it obtained scandium through intermediaries sourcing the metal from China. This allegedly understated the extent of its reliance on Chinese scandium, rendering positive statements about its business prospects materially misleading.

A July 8, 2026 report by Hunterbrook Media titled "Bloom’s Big Lie" alleged that global trade data and satellite imagery traced four China-linked routes into Bloom’s supply chain. These included scandium oxide shipped directly to its Delaware plant and scandium-bearing ceramics flowing through intermediaries in Thailand, Japan, and South Korea. On this news, Bloom Energy stock fell nearly 6%.

Shareholders who purchased shares prior to February 27, 2025, and still hold them may seek corporate reforms and return of funds through a shareholder governance action.

Cogent Communications Holdings, Inc. (NASDAQ: CCOI)

Cogent Communications faces allegations that it misrepresented customer demand and the nature of its optical wavelength "backlog." A securities fraud class action complaint alleges that the vast majority of purported orders were unlikely to result in paid orders, with many customers unable or unwilling to accept delivery. Consequently, defendants allegedly misrepresented that Cogent was on track to achieve revenue and margin targets.

Additionally, the complaint alleges Cogent lacked the financial capacity to maintain its dividend policy and failed to disclose risks related to high-risk stock pledging activities by defendant David Schaeffer. Shareholders who purchased shares before February 29, 2024, and still hold them are encouraged to participate.

Insulet Corporation (NASDAQ: PODD)

Insulet Corporation is under investigation for alleged defective manufacturing controls and procedures. A federal securities fraud class action complaint states that these defects created a foreseeable risk of products violating safety regulations or posing injury risks. Public statements regarding these controls were allegedly materially false.

Insulet disclosed a voluntary Medical Device Correction for specific lots of Omnipod 5 Pods on March 12, 2026, citing a manufacturing issue identified through product monitoring. A second correction was initiated on May 26, 2026, for specific lots of Omnipod 5, Omnipod Dash, and Omnipod Eros Pods due to a manufacturing issue that could result in insulin under-delivery. Shareholders who purchased shares prior to February 21, 2025, and still hold them may seek corporate reforms.

Primoris Services Corporation (NYSE: PRIM)

Primoris Services Corporation faces allegations that its cost estimation and project oversight processes were deficient. A securities fraud class action complaint alleges the company systematically underestimated costs and risks for significant fixed-price renewable energy projects, which experienced material cost overruns and schedule delays. Statements regarding financial performance and guidance allegedly lacked a reasonable basis.

Shareholders who purchased shares before August 5, 2025, and still hold them may seek corporate reforms through a governance action. Those who purchased between August 5, 2025, and June 22, 2026, can participate in the class action.

What the Numbers Show

The investigations highlight significant divergence between disclosed operational metrics and alleged underlying realities across diverse sectors. In technology hardware (Bloom Energy), the focus is on supply chain opacity versus public statements. In telecommunications (Cogent), the allegation centers on the quality of order backlog versus actual payable revenue. For medical devices (Insulet), the disconnect lies between stated manufacturing controls and subsequent voluntary corrections. In infrastructure (Primoris), the issue is the reliability of cost estimates versus actual project execution outcomes. Each case involves a claim that management’s public disclosures did not reflect material adverse facts known internally.

Bloom Energy Corporation (NYSE: BE) has expanded its partnership with MiTAC Computing Technology Corp. to deploy fuel cell systems for an islanded microgrid at MiTAC’s AI server manufacturing campus in Fremont, California. This development addresses critical power constraints facing advanced manufacturers in the AI supply chain, enabling the company to bring new capacity online without waiting for grid connections. The project builds on an existing installation at MiTAC’s San Jose manufacturing facility, significantly increasing Bloom’s overall contracted onsite power capacity across two California sites.

The deployment underscores the accelerating demand for onsite power solutions within the AI ecosystem. Commercial and industrial companies are increasingly turning to onsite power to support current operations while providing flexibility to expand production as demand for AI infrastructure grows. Aman Joshi, Chief Commercial Officer at Bloom Energy, stated that demand is growing at every layer of the ecosystem, translating into rapid customer adoption. He noted that Bloom serves nearly two dozen AI infrastructure customers with approximately 250 MW of capacity, up from nearly zero in this segment just two years ago.

Partnership Details

The fuel cell microgrid will provide clean, reliable onsite power suitable for locations where permitting timelines, water availability, and noise considerations limit traditional power options. Because fuel cells generate electricity through an electrochemical process rather than combustion, they offer a scalable solution for mission-critical operations. This technology aligns with MiTAC’s focus on delivering comprehensive, energy-efficient server solutions for AI, HPC, cloud, and edge computing applications.

What the Numbers Show

The rapid scaling of Bloom Energy’s AI infrastructure segment highlights a structural shift in how data centers and advanced manufacturers secure power. Growing from nearly zero to approximately 250 MW across nearly two dozen customers in just two years indicates strong market validation for onsite fuel cell technology. This growth trajectory suggests that onsite power is becoming a standard requirement rather than a niche solution for high-performance computing facilities. The expansion into manufacturing campuses, beyond traditional data centers, further diversifies Bloom’s revenue base within the AI supply chain.

Bloom Energy has previously deployed hundreds of megawatts of its fuel cell technology to data centers, supporting partnerships with American Electric Power (AEP), Brookfield, Equinix, Nebius, and Oracle. These collaborations reinforce Bloom’s role as a key enabler of critical digital infrastructure. The company, headquartered in Silicon Valley, employs more than 2,000 people worldwide and manufactures its systems in the United States.

MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings Corporation, specializes in AI, HPC, cloud, and edge computing. With end-to-end capabilities from R&D and manufacturing to global support, MiTAC provides agile, customized platforms for hyperscale data centers and AI applications. The integration of Bloom’s fuel cell technology supports MiTAC’s commitment to quality and performance across barebones, systems, racks, and cluster levels.