The potential class action centers on allegations that Blaize Holdings, Inc. (NASDAQ: BZAI) disseminated materially misleading information to the public. The scrutiny follows a report by Pelican Way Research, which characterized the company's recent capital agreement as fraudulent, prompting a sharp decline in market value.
Rosen Law Firm Probes Blaize Holdings Over Fraud Allegations
A 12% single-day stock drop for Blaize Holdings on April 28, 2026, has triggered a formal investigation by the Rosen Law Firm. The inquiry focuses on whether the company misled shareholders regarding a $50 million deal with NeoTensr, following claims of fraud published by short seller Pelican Way Research.
Investors who purchased BZAI securities during the period in question are being urged to contact attorney Phillip Kim to discuss potential recovery of losses. The Rosen Law Firm, which operates on a contingency fee basis, is currently evaluating the merits of a class action suit. Shareholders interested in participating can submit their information through the firm’s website or reach out via their New York office to determine eligibility for compensation.
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