New York, October 22nd / PRNewswire / -- Pomerantz LLP announces that a class action lawsuit has been filed against FuelCell Energy, Inc. ("FuelCell" or "the Company") ( NASDAQ : FCEL ). Relevant investors are advised to contact Danielle Peyton at the email address [ email protected ], telephone 646-581-9980, or call the toll-free number 888.4- POMLAW, extension 7980. For inquiries by email, it is recommended to attach your mailing address, phone number, and the number of shares you have purchased.

This class action involves whether FuelCell and some of its senior executives and/or directors have engaged in securities fraud or other illegal business practices.

If you purchased or acquired FuelCell securities during the class action period, you may request the court to appoint you as the lead plaintiff of the class action before November 10, 2026. Copies of the complaint are available at www.pomerantzlaw.com Obtain.

[Click here to learn about joining the class action.]

FuelCell and its subsidiaries are engaged in the design, development, production, construction, operation, and services of high-temperature fuel cells for clean power generation. On June 24, 2026, FuelCell reportedly announced a capital equipment procurement agreement with Fit Energy USA LP ("Fit Energy"), which can provide up to 380 megawatts of fuel cell power for data centers. The first committed phase is 30 megawatts, and it includes an immediate deposit.

On September 2, 2026, FuelCell announced its financial results for the third quarter of the 2026 fiscal year, which showed a net loss of $45.3 million, reflecting "a higher gross loss compared to the same period last year." The reason for this is that "product costs and manufacturing overheads are currently higher than the contract pricing stipulated in the CEPA signed with Fit Energy." FuelCell stated that the annualized production volume "is below the level we expected our cost structure to be able to match with market pricing for orders of such scale." As a result, the company recognized a expense of $17 million to "reflect the impact of the contract pricing terms related to specific inventory and committed procurement obligations," which stem from the first committed 30 megawatt phase of that capital equipment procurement agreement.

Affected by this news, the stock price of FuelCell fell by $2.68 on September 2, 2026, a decrease of 15.69%, closing at $14.40 per share.

Pomerantz LLP has offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, and is recognized as one of the leading law firms in the fields of corporate law, securities law, and class action litigation. The firm was founded by the late Abraham L Pomerantz, who is regarded as a pioneer in the field of class action attorneys. Pomerantz was among the first to initiate securities class actions. More than 85 years have passed since then, and Pomerantz continues the tradition established by its founder, fighting for the rights of victims of securities fraud, breach of fiduciary duty, and corporate misconduct. The firm has recovered millions of dollars in compensation on behalf of class members. For more details, please see www.pomlaw.comMandatory requirements:

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Contact Information:

Danielle Peyton