Gainey Mckenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Fuelcell Energy, Inc. (FCEL)

(MENAFN- GlobeNewsWire - Nasdaq) NEW YORK, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired FuelCell Energy, Inc. (“FuelCell” or the“Company”) (NASDAQ: FCEL) securities between June 24, 2026 and September 1, 2026, inclusive (the“Class Period”).

The Complaint alleges that Defendants failed to disclose to investors that: (1) the Company's manufacturing capacity was inadequate to generate the production rate required under the CEPA; (2) as a result, the Company's annualized production rate for deliveries under the CEPA with Fit Energy was slower than expected; (3) as a result, the Company was incurring higher product costs and manufacturing overhead expenses; (4) as a result of the slower production rate, the Company was reasonably likely to incur charges in connection with the CEPA; (5) that the foregoing was a known trend affecting the Company's profitability; and (6) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Investors who purchased or otherwise acquired shares of FuelCell should contact the Firm prior to the November 10, 2026 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at ... or ....

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