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FuelCell (FCEL) Scrutinized Over Fit Energy Disclosures Driving Stock Down 15% - Hagens Berman
GlobeNewswire Inc.·
A securities class action has been filed against FuelCell Energy, Inc. (NASDAQ: FCEL) alleging that the company and its executives made materially false and misleading statements regarding manufacturing capacity and a major commercial agreement with Fit Energy USA LP. The lawsuit claims FuelCell failed to disclose that its manufacturing capacity was inadequate to meet production requirements, resulting in severe gross losses. Following the disclosure of a $45.3 million net loss and $17 million in Phase 0 charges on September 2, 2026, FCEL stock plummeted nearly 16% in a single trading session. Investors who purchased FCEL securities between June 24 and September 1, 2026, have until November 10, 2026, to seek appointment as lead plaintiff.
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