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FuelCell Energy Class Action Alert: Important Details for Investors

Investors holding shares in FuelCell Energy, Inc. (NASDAQ: FCEL) are urged to take immediate action as a significant securities class action is currently in motion. The law firm Hagens Berman has raised a red flag for shareholders regarding potential losses incurred during the recent trading period.

Key Dates and Information

Hagens Berman, a nationally recognized trial law firm, has announced that investors have until November 10, 2026, to submit their claims to be considered for appointment as lead plaintiff in the class action. If you purchased or acquired FuelCell securities between June 24, 2026, and September 1, 2026, and experienced financial losses, it is crucial to get in touch with the firm now.

Class Period specifics:

• - Class Period: June 24, 2026 – September 1, 2026
• - Lead Plaintiff Deadline: November 10, 2026

Potential participants in the class action are encouraged to visit Hagens Berman's website or contact them directly via email at [email protected] or by phone at 844-916-0895.

Allegations Against FuelCell Energy

The class action lawsuit highlights allegations that FuelCell Energy and key executives, including CEO Jason B. Few and CFO Michael S. Bishop, may have breached the Securities Exchange Act of 1934. The core of the lawsuit claims that the company made misleading statements about its manufacturing capabilities, production costs, and an important commercial agreement.

In particular, the allegations involve a Capital Equipment Purchase Agreement (CEPA) announced on June 24, 2026, which related to a project supplying carbonate fuel cell block systems for data centers. The lawsuit accuses the defendants of:

• - Failing to disclose that FuelCell’s actual manufacturing capacity was grossly inadequate to fulfill production requirements outlined in the CEPA.
• - Concealing escalating production costs and overheads that resulted in significant gross losses.
• - Overseeing financial commitments linked to Phase 0 of the CEPA that severely impacted the company's quarter profitability.

Impact on Shareholders

On September 2, 2026, the situation escalated when FuelCell Energy publicly revealed a staggering net loss of $45.3 million for the fiscal third-quarter of 2026. The disclosures revealed the harsh financial realities driving the company's operations, which led to a profound near 16% drop in its stock price in a single day, highlighting the extent of shareholder damage.

Next Steps for Affected Investors

Investors who acquired FuelCell securities during the stated class period and suffered financial losses are strongly advised to review their eligibility to participate as lead plaintiffs. This opportunity is significant as the Private Securities Litigation Reform Act of 1995 allows harmed investors to advocate for their rights without needing to liquidate assets to join the lawsuit.

For those with non-public information concerning FuelCell Energy, the firm encourages whistleblowers to come forward. This could facilitate further investigations and provide needed disclosures.

About Hagens Berman

Hagens Berman is well-known for its commitment to holding corporations accountable for their actions. With a focus on securities litigation, the firm has successfully secured over $2.9 billion for their clients in similar cases. You can follow their updates on Twitter at @ClassActionLaw.

It's imperative for affected investors to act quickly in securing their rights and seeking potential recovery. Engaging with resources like Hagens Berman can provide the necessary support through these complex legal proceedings.