{"success":true,"data":{"pressRelease":{"id":"157040","rtpr_id":"nGNX29Qsb5-20260930","ticker":"FCEL","exchange":"NASDAQ","all_tickers":["FCEL"],"title":"FCEL ALERT: Hagens Berman Reminds FuelCell Energy Investors of November 10, 2026 Lead Plaintiff Deadline","author":"Globe Newswire","published_at":"2026-09-30T15:00:34.094Z","article_body":"SAN FRANCISCO, Sept. 30, 2026 (GLOBE NEWSWIRE) -- National trial law firm\nHagens Berman alerts investors in FuelCell Energy, Inc. (NASDAQ: FCEL) that a\nsecurities class action has been filed, and reminds investors that they have\nuntil November 10, 2026, to seek appointment as lead plaintiff.\n\nIf you purchased or acquired FuelCell securities during the Class Period and\nsuffered significant financial losses, submit your losses now\n(https://www.globenewswire.com/Tracker?data=y2HSBh_DWFhv9zyKnHPwpQDYyy7yN1t0wUADIxz__uhjamPZkgM29KRvpwML-9JtzKv6E-t7ljrIc5HPkWxl9XGdA8uRf7VvhRopASMyiDlxrHb4MBxeJRHNU1s25w7P1ULY0wqni7RRXdK0m3oWL7XCQoHQefU8gHPIQA630ac=).  \n\nRead Hagens Berman's detailed analysis\n(https://www.globenewswire.com/Tracker?data=4p0nXKF3_s1gXyc82ep7x9w6bqWU9xvQXNSP7HCXDKzYhm7i9KTvhSJzSf7lZw1mqWD0K7RrViFdzA495JjZtMqb_JYK0pu1RVT3oNghhnsUhQWzzanYdheB4FubEFA-u4ApFylyo3ThJ22e4mBJJQmHm8klqXTsMrAMi_Uyh8Jn2m0GCdsB8lYs48jyp7SaKF_SQmQQmP5so15qkp6SCw==)\non the alleged securities fraud surrounding FuelCell Energy's Fit Energy\ncontract.\n\nKey Details\n* Class Period: June 24, 2026 – Sept. 1, 2026\n* Lead Plaintiff Deadline: Nov. 10, 2026\n* Visit: www.hbsslaw.com/fcel\n* Direct Contact Email: FCEL@hbsslaw.com\n* Firm Telephone: 844-916-0895\nWhat is the FuelCell Securities Class Action About?\n\nThe lawsuit focuses on whether FuelCell Energy and certain top\nexecutives—including CEO Jason B. Few and CFO Michael S. Bishop—violated\nthe Securities Exchange Act of 1934 by making materially false and misleading\nstatements regarding the company’s manufacturing capacity, production\neconomics, and a major commercial agreement.\n\nSpecifically, the action alleges that throughout the Class Period, defendants\ntouted a high-profile Capital Equipment Purchase Agreement (CEPA) announced on\nJune 24, 2026, under which FuelCell agreed to supply carbonate fuel cell block\nsystems for up to 380 megawatts (MW) of clean, baseload on-site power for data\ncenters to Fit Energy USA LP (beginning with an initial 30 MW phase).\nConcurrently, FuelCell capitalized on the market enthusiasm by completing a\nmassive underwritten public offering of over 12 million shares of common stock\nat $21 per share, raising roughly $245.5 million in net proceeds.\n\nHowever, the complaint alleges that defendants failed to disclose critical\noperational realities to investors:\n* That FuelCell’s actual manufacturing capacity was wholly inadequate to\ngenerate the production rates required under the Fit Energy CEPA;\n* That the lagging production volume meant product costs and manufacturing\noverhead heavily exceeded the contractual pricing, locking the company into\nsevere gross losses; and\n* That the company was tracking multi-million-dollar charges and inventory\ncommitments tied to Phase 0 of the agreement that would decimate its quarterly\nprofitability.\nThe truth emerged before the market opened on September 2, 2026, when FuelCell\nreported its fiscal third-quarter 2026 financial results. The company revealed\na staggering net loss of $45.3 million and a massive jump in gross\nlosses—driven by $17 million in charges recorded for Phase 0 of the Fit\nEnergy CEPA because current product costs and overhead exceeded contract\npricing.\n\nFollowing these disclosures, the price of FuelCell stock plummeted nearly 16%\nin a single trading session, severely damaging shareholders.\n\nWhat Can FuelCell Investors Do?\n\nIf you purchased FCEL securities between June 24, 2026, and September 1, 2026,\nyou may be eligible to participate in the lawsuit as a lead plaintiff.\n\nThe Private Securities Litigation Reform Act of 1995 permits any investor who\nsuffered financial losses to seek appointment as lead plaintiff. You do not\nneed to sell your shares to join the class action.\n* Click Here To Submit Your Losses\n(https://www.hbsslaw.com/cases/fuelcell-energy-inc-fcel-securities-class-action)\n* Click Here to Discuss Your Legal Rights (mailto:FCEL@hbsslaw.com): Contact\nHagens Berman attorneys to learn more about the case, the lead plaintiff\ntimeline, and your options.\n“We’re focused on whether FuelCell may have misled investors about its\nmanufacturing capabilities, as the suit alleges,” said Reed Kathrein\n(https://www.globenewswire.com/Tracker?data=QB4IP7GOw2TR9rMq7yVyxNroiyN0qCRAW4G7ofpH808Vfk1m4bpnrM-sm0H9M63CFjEbi2UzQsd8IGjiAGDuKcWxMJjSXmn7g8DPW4RXkP_-pz9yJ8vj6RXBJurrMyup),\nthe Hagens Berman partner leading the firm’s investigation of the claims in\nthe pending suit.\n\nWhistleblowers: Persons with non-public information regarding FuelCell should\nconsider their options to help in the investigation or take advantage of the\nSEC Whistleblower program. Under the new program, whistleblowers who provide\noriginal information may receive rewards totaling up to 30 percent of any\nsuccessful recovery made by the SEC. For more information, call Reed Kathrein\nat 844-916-0895 or email FCEL@hbsslaw.com.\n\nAbout Hagens Berman\n(https://www.globenewswire.com/Tracker?data=c2FVa8oeoAla2NyrhYzQvr4F8oeBbTE2kYYiKLOxD8WeMPDyGPkYpyy9gieHTrZKDsf1ztDvZ4gMIvNZKhF8WC4v0Ot_ZpazuDqXCgIsa9E=)\nHagens Berman is a global plaintiffs’ rights complex litigation firm\nfocusing on corporate accountability. The firm is home to a robust practice\nand represents investors as well as whistleblowers, workers, consumers and\nothers in cases achieving real results for those harmed by corporate\nnegligence and other wrongdoings. Hagens Berman’s team has secured more than\n$2.9 billion in this area of law. More about the firm and its successes can be\nfound at hbsslaw.com\n(https://www.globenewswire.com/Tracker?data=EUhdqcko-eOuQuYiO_uYh_WXtIZU8-T0S9TfeXQqVL9A1qmGFh-wYMsr6sCqmCgOlroAkbG2fFr3VfJLqCuQVQ==).\nFollow the firm for updates and news at @ClassActionLaw. \n\nAttorney Advertising. Prior results do not guarantee a similar outcome in any\nfuture case.\n\nContact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300,\nBerkeley, CA 94710, 844-916-0895, FCEL@hbsslaw.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2c81cd72-0ffb-43c9-9d0f-b622c3e44e43)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX29Qsb5-20260930","title":"FCEL ALERT: Hagens Berman Reminds FuelCell Energy Investors of November 10, 2026 Lead Plaintiff Deadline","author":"Globe Newswire","ticker":"FCEL","created":"2026-09-30T15:00:34.094Z","tickers":["FCEL"],"exchange":"NASDAQ","article_body":"SAN FRANCISCO, Sept. 30, 2026 (GLOBE NEWSWIRE) -- National trial law firm\nHagens Berman alerts investors in FuelCell Energy, Inc. (NASDAQ: FCEL) that a\nsecurities class action has been filed, and reminds investors that they have\nuntil November 10, 2026, to seek appointment as lead plaintiff.\n\nIf you purchased or acquired FuelCell securities during the Class Period and\nsuffered significant financial losses, submit your losses now\n(https://www.globenewswire.com/Tracker?data=y2HSBh_DWFhv9zyKnHPwpQDYyy7yN1t0wUADIxz__uhjamPZkgM29KRvpwML-9JtzKv6E-t7ljrIc5HPkWxl9XGdA8uRf7VvhRopASMyiDlxrHb4MBxeJRHNU1s25w7P1ULY0wqni7RRXdK0m3oWL7XCQoHQefU8gHPIQA630ac=).  \n\nRead Hagens Berman's detailed analysis\n(https://www.globenewswire.com/Tracker?data=4p0nXKF3_s1gXyc82ep7x9w6bqWU9xvQXNSP7HCXDKzYhm7i9KTvhSJzSf7lZw1mqWD0K7RrViFdzA495JjZtMqb_JYK0pu1RVT3oNghhnsUhQWzzanYdheB4FubEFA-u4ApFylyo3ThJ22e4mBJJQmHm8klqXTsMrAMi_Uyh8Jn2m0GCdsB8lYs48jyp7SaKF_SQmQQmP5so15qkp6SCw==)\non the alleged securities fraud surrounding FuelCell Energy's Fit Energy\ncontract.\n\nKey Details\n* Class Period: June 24, 2026 – Sept. 1, 2026\n* Lead Plaintiff Deadline: Nov. 10, 2026\n* Visit: www.hbsslaw.com/fcel\n* Direct Contact Email: FCEL@hbsslaw.com\n* Firm Telephone: 844-916-0895\nWhat is the FuelCell Securities Class Action About?\n\nThe lawsuit focuses on whether FuelCell Energy and certain top\nexecutives—including CEO Jason B. Few and CFO Michael S. Bishop—violated\nthe Securities Exchange Act of 1934 by making materially false and misleading\nstatements regarding the company’s manufacturing capacity, production\neconomics, and a major commercial agreement.\n\nSpecifically, the action alleges that throughout the Class Period, defendants\ntouted a high-profile Capital Equipment Purchase Agreement (CEPA) announced on\nJune 24, 2026, under which FuelCell agreed to supply carbonate fuel cell block\nsystems for up to 380 megawatts (MW) of clean, baseload on-site power for data\ncenters to Fit Energy USA LP (beginning with an initial 30 MW phase).\nConcurrently, FuelCell capitalized on the market enthusiasm by completing a\nmassive underwritten public offering of over 12 million shares of common stock\nat $21 per share, raising roughly $245.5 million in net proceeds.\n\nHowever, the complaint alleges that defendants failed to disclose critical\noperational realities to investors:\n* That FuelCell’s actual manufacturing capacity was wholly inadequate to\ngenerate the production rates required under the Fit Energy CEPA;\n* That the lagging production volume meant product costs and manufacturing\noverhead heavily exceeded the contractual pricing, locking the company into\nsevere gross losses; and\n* That the company was tracking multi-million-dollar charges and inventory\ncommitments tied to Phase 0 of the agreement that would decimate its quarterly\nprofitability.\nThe truth emerged before the market opened on September 2, 2026, when FuelCell\nreported its fiscal third-quarter 2026 financial results. The company revealed\na staggering net loss of $45.3 million and a massive jump in gross\nlosses—driven by $17 million in charges recorded for Phase 0 of the Fit\nEnergy CEPA because current product costs and overhead exceeded contract\npricing.\n\nFollowing these disclosures, the price of FuelCell stock plummeted nearly 16%\nin a single trading session, severely damaging shareholders.\n\nWhat Can FuelCell Investors Do?\n\nIf you purchased FCEL securities between June 24, 2026, and September 1, 2026,\nyou may be eligible to participate in the lawsuit as a lead plaintiff.\n\nThe Private Securities Litigation Reform Act of 1995 permits any investor who\nsuffered financial losses to seek appointment as lead plaintiff. You do not\nneed to sell your shares to join the class action.\n* Click Here To Submit Your Losses\n(https://www.hbsslaw.com/cases/fuelcell-energy-inc-fcel-securities-class-action)\n* Click Here to Discuss Your Legal Rights (mailto:FCEL@hbsslaw.com): Contact\nHagens Berman attorneys to learn more about the case, the lead plaintiff\ntimeline, and your options.\n“We’re focused on whether FuelCell may have misled investors about its\nmanufacturing capabilities, as the suit alleges,” said Reed Kathrein\n(https://www.globenewswire.com/Tracker?data=QB4IP7GOw2TR9rMq7yVyxNroiyN0qCRAW4G7ofpH808Vfk1m4bpnrM-sm0H9M63CFjEbi2UzQsd8IGjiAGDuKcWxMJjSXmn7g8DPW4RXkP_-pz9yJ8vj6RXBJurrMyup),\nthe Hagens Berman partner leading the firm’s investigation of the claims in\nthe pending suit.\n\nWhistleblowers: Persons with non-public information regarding FuelCell should\nconsider their options to help in the investigation or take advantage of the\nSEC Whistleblower program. Under the new program, whistleblowers who provide\noriginal information may receive rewards totaling up to 30 percent of any\nsuccessful recovery made by the SEC. For more information, call Reed Kathrein\nat 844-916-0895 or email FCEL@hbsslaw.com.\n\nAbout Hagens Berman\n(https://www.globenewswire.com/Tracker?data=c2FVa8oeoAla2NyrhYzQvr4F8oeBbTE2kYYiKLOxD8WeMPDyGPkYpyy9gieHTrZKDsf1ztDvZ4gMIvNZKhF8WC4v0Ot_ZpazuDqXCgIsa9E=)\nHagens Berman is a global plaintiffs’ rights complex litigation firm\nfocusing on corporate accountability. The firm is home to a robust practice\nand represents investors as well as whistleblowers, workers, consumers and\nothers in cases achieving real results for those harmed by corporate\nnegligence and other wrongdoings. Hagens Berman’s team has secured more than\n$2.9 billion in this area of law. More about the firm and its successes can be\nfound at hbsslaw.com\n(https://www.globenewswire.com/Tracker?data=EUhdqcko-eOuQuYiO_uYh_WXtIZU8-T0S9TfeXQqVL9A1qmGFh-wYMsr6sCqmCgOlroAkbG2fFr3VfJLqCuQVQ==).\nFollow the firm for updates and news at @ClassActionLaw. \n\nAttorney Advertising. Prior results do not guarantee a similar outcome in any\nfuture case.\n\nContact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300,\nBerkeley, CA 94710, 844-916-0895, FCEL@hbsslaw.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2c81cd72-0ffb-43c9-9d0f-b622c3e44e43)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-30T15:00:34.129842161Z","server_sent_at_ms":1790780434129},"received_at":"2026-09-30T15:00:34.181Z","source_url":null},"analysis":{"id":"145716","press_release_id":"157040","analysis_json":{"industry":{"label":"Electrical Equipment","sector":"Industrials"},"redFlags":["pending securities class action alleging false statements on manufacturing capacity and production economics","alleged disclosure timing coincided with a $245.5M equity raise near class-period highs"],"eventType":"legal_litigation","narrative":"Hagens Berman issued a solicitation notice reminding FuelCell Energy investors of a November 10, 2026 lead plaintiff deadline in a pending securities class action covering the June 24 to September 1, 2026 class period.\n\nThe suit alleges FuelCell executives misled investors about manufacturing capacity and production economics tied to the Fit Energy CEPA (up to 380 MW for data centers), while concurrently raising roughly $245.5 million in a 12-million-share offering at $21 per share.\n\nThe release restates already-public facts, including a $45.3 million fiscal Q3 net loss with $17 million in Phase 0 charges and a subsequent ~16% one-day stock drop; this is law-firm marketing, not new issuer disclosure.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm deadline reminder restating known allegations -- suppress."},"keyFigures":{"customDimensions":{"q3_net_loss":45300000,"cepa_megawatts":"up to 380 MW (initial 30 MW phase)","phase0_charges":17000000,"offering_shares":12000000,"class_period_end":"Sept. 1, 2026","class_period_start":"June 24, 2026","one_day_stock_drop":"nearly 16%","offering_net_proceeds":245500000,"lead_plaintiff_deadline":"Nov. 10, 2026","offering_price_per_share":21}},"quotedText":"We're focused on whether FuelCell may have misled investors about its manufacturing capabilities, as the suit alleges","namedEntities":{"people":[{"name":"Jason B. Few","role":"FuelCell Energy CEO (defendant)"},{"name":"Michael S. Bishop","role":"FuelCell Energy CFO (defendant)"},{"name":"Reed Kathrein","role":"Hagens Berman partner"}],"products":["carbonate fuel cell block systems"],"companies":[{"name":"Hagens Berman","relationship":"plaintiff law firm"},{"name":"FuelCell Energy, Inc.","ticker":"FCEL","relationship":"issuer/target of class action"},{"name":"Fit Energy USA LP","relationship":"counterparty to CEPA agreement referenced in allegations"}],"dollarAmounts":[{"amount":"$45.3 million","context":"FuelCell fiscal Q3 2026 net loss disclosed Sept. 2, 2026"},{"amount":"$17 million","context":"Phase 0 charges tied to Fit Energy CEPA"},{"amount":"$245.5 million","context":"net proceeds from FuelCell's June 2026 public offering of over 12 million shares at $21"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation by Hagens Berman reminding FCEL investors of a lead plaintiff deadline. No new issuer disclosure, no certified class, no settlement; underlying allegations were largely already public via the Q3 results."},"tickerRelevance":{"others":[],"primary":"FCEL"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"retailFavoriteBoost":"FCEL has retail following, modest lift"}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Hagens Berman issued a solicitation notice reminding FuelCell Energy investors of a November 10, 2026 lead plaintiff deadline in a pending securities class action covering the June 24 to September 1, 2026 class period.\n\nThe suit alleges FuelCell executives misled investors about manufacturing capacity and production economics tied to the Fit Energy CEPA (up to 380 MW for data centers), while concurrently raising roughly $245.5 million in a 12-million-share offering at $21 per share.\n\nThe release restates already-public facts, including a $45.3 million fiscal Q3 net loss with $17 million in Phase 0 charges and a subsequent ~16% one-day stock drop; this is law-firm marketing, not new issuer disclosure.","key_figures":{"customDimensions":{"q3_net_loss":45300000,"cepa_megawatts":"up to 380 MW (initial 30 MW phase)","phase0_charges":17000000,"offering_shares":12000000,"class_period_end":"Sept. 1, 2026","class_period_start":"June 24, 2026","one_day_stock_drop":"nearly 16%","offering_net_proceeds":245500000,"lead_plaintiff_deadline":"Nov. 10, 2026","offering_price_per_share":21}},"named_entities":{"people":[{"name":"Jason B. Few","role":"FuelCell Energy CEO (defendant)"},{"name":"Michael S. Bishop","role":"FuelCell Energy CFO (defendant)"},{"name":"Reed Kathrein","role":"Hagens Berman partner"}],"products":["carbonate fuel cell block systems"],"companies":[{"name":"Hagens Berman","relationship":"plaintiff law firm"},{"name":"FuelCell Energy, Inc.","ticker":"FCEL","relationship":"issuer/target of class action"},{"name":"Fit Energy USA LP","relationship":"counterparty to CEPA agreement referenced in allegations"}],"dollarAmounts":[{"amount":"$45.3 million","context":"FuelCell fiscal Q3 2026 net loss disclosed Sept. 2, 2026"},{"amount":"$17 million","context":"Phase 0 charges tied to Fit Energy CEPA"},{"amount":"$245.5 million","context":"net proceeds from FuelCell's June 2026 public offering of over 12 million shares at $21"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-30T15:00:41.002Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"retailFavoriteBoost":"FCEL has retail following, modest lift"}},"durationMs":6810,"modelName":"glm-5.3-flashx"}}