On December 17, 2025, the United States District Court for the Northern District of California entered an order dismissing with prejudice all claims in the putative securities class action pending against Stem, Inc. and certain of its former officers, directors and employees. The lawsuit made various claims under the federal securities laws and was captioned In re Stem, Inc. Sec. Litig., Case No. 23-CV-02329-MMC.
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