NEW YORK--(BUSINESS WIRE)--Sep 14, 2026--
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against FuelCell Energy, Inc. (“FuelCell” or the “Company”) (NASDAQ: FCEL) and reminds investors of the November 10, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
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Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that the Company’s manufacturing capacity was inadequate to generate the production rate required under the CEPA; (2) that, as a result, the Company’s annualized production rate for deliveries under the CEPA with Fit Energy was slower than expected; (3) that, as a result, the Company was incurring higher product costs and manufacturing overhead expenses; (4) that, 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) that, 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.
On September 2, 2026, before the market opened, FuelCell reported its fiscal third quarter 2026 financial results, reporting a net loss of $45.3 million. According to the Company’s press release, this reflected “a higher gross loss than the prior year period,” which was caused by “product costs and manufacturing overhead that currently exceed the contractual pricing established under the CEPA with Fit Energy.” Further, FuelCell reported that the annualized production rate was “below the production volume at which we expect our cost structure to align with market-based pricing for orders of this scale,” and as a result, the Company recorded a $17 million charge to “reflect the impact of contractual pricing provisions associated with specific inventory and firm purchase commitments” arising from Phase 0 of the CEPA.
On this news, FuelCell shares fell $2.68, or 15.69%, to close at $14.40 per share on September 2, 2026, thereby injuring investors.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding FuelCell’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the FuelCell Energy class action, go to www.faruqilaw.com/FCEL or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the FuelCell Securities Class Action Lawsuit:
What is the FuelCell securities fraud lawsuit about?
The lawsuit alleges FuelCell Energy misled investors about its manufacturing capacity, production rates, costs, and financial risks associated with its CEPA with Fit Energy.
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired FuelCell Energy (NASDAQ: FCEL) securities between June 24, 2026 and September 1, 2026 may be eligible if they suffered losses.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff represents the proposed class during the litigation. Eligible investors must file a motion with the court by November 10, 2026. Investors may participate without serving as lead plaintiff.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased FuelCell securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
FCEL DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds FuelCell Energy (NASDAQ: FCEL) Investors of Securities Class Action Lawsuit Deadline on November 10, 2026
INDIANAPOLIS (AP) — The Indianapolis Colts spent an entire offseason reshaping the defense.
They signed multiple free agents to beef up the defensive line. They drafted two linebackers they projected as potential starters. They waited for two promising defensive backs to get healthy after training camp injuries cost each their entire 2025 seasons.
But on Sunday, it didn't look like a new and improved unit. Instead, the Colts allowed 506 total yards and 202 yards rushing in another troubling season-opening loss.
“This is a good gut check for the entire team, every single one of us,” Pro Bowl defensive tackle and team captain DeForest Buckner said after an underwhelming reintroduction in a 41-23 loss to Baltimore. "We’ve got to be better, including myself. We’ve got to be better each and every day, have a sense of urgency and move on to the Chiefs.”
It's a familiar refrain for Indy fans, who have celebrated just one opening-day win in the past 13 years. And to many, this one seemed like more of a dud than the promised fresh start. They responded with a cascade of boos as they watched more of the same.
Yes, the Colts sacked two-time MVP Lamar Jackson twice and Buckner recovered Jackson's lone fumble. But they again struggled to contain him or their AFC South nemesis Derrick Henry.
Jackson registered a 124.2 passer rating by throwing for 324 yards and one touchdown while faking out the Colts defense on his 5-yard TD run. He delivered the play of the game when he avoided a sack by ducking under two would-be tacklers and scrambling for a first down on third-and-16.
Henry, meanwhile, rumbled for 144 yards and three scores as the Ravens successfully played keep-away for nearly 35 1/2 minutes. They punted once in the first half, twice in the third quarter and scored on seven of 12 possessions before kneeling down to end the game.
And even the Colts knew they weren't good enough.
“Definitely disappointing,” All-Pro cornerback Sauce Gardner said. "All of us, we know we can make the plays that we need to, especially those types of plays. We have to be better.”
Jonathan Taylor. On a day when little went right for the Colts, the 2021 NFL rushing champion showed he's still a force against a defense loaded up to stop him. Taylor had 19 carries, 98 yards and two TDs, navigating his way through and around defenders with increasing frequency after losing a fumble in the second quarter.
Special teams. The first quarter was a disaster for this group. Spencer Shrader missed his first extra-point attempt, then helped make a tackle on a 43-yard kickoff return that set up Baltimore's first score. A holding penalty pinned the Colts at the 16-yard line, and an 11-yard punt return set up another Ravens score. Shrader did make a 58-yard field goal later.
Keenan Allen. The six-time Pro Bowler has been in town for less than a month, but he was Daniel Jones' favorite target in Week 1. Allen hauled in all six passes thrown his way, gaining 32 yards. Those numbers may increase as he gets more familiar with Jones and the offense.
CB Justin Walley. The second-year player was one guy the Colts thought could be part of the solution when he returned from a season-ending injury last year. But his NFL debut didn't go according to plan. He was beaten by Zay Flowers on a 49-yard pass on Baltimore's first play. Flowers had five receptions, 150 yards and a TD in the first half. Walley will try to rebound next week.
New No. 1 receiver Alec Pierce played in his first game since having ankle surgery in March but told reporters he suffered a bruised hand and wrist during the game. Coach Shane Steichen said Monday that Pierce was OK. Rookie linebacker CJ Allen, Indy's top draft pick, dressed but did not play after being hindered in training camp with calf and hamstring injuries. CB Charvarius Ward said Monday he had a headache after opting to use a Guardian Cap in the game in an attempt to avoid getting another concussion. He plans to continue using it.
5 1/2 — A year ago, Indy's run defense was ranked seventh in the league. On Sunday, they allowed the Ravens to produce 5 1/2 yards per carry.
The good news for the Colts is it's only one game. But the performance creates even more urgency for cleanup duty this week before Patrick Mahomes and the Kansas City Chiefs visit.
AP NFL: https://apnews.com/hub/NFL
Baltimore Ravens' Derrick Henry is stopped by Indianapolis Colts' DeForest Buckner and A.J. Haulcy during the second half of an NFL football game Sunday, Sept. 13, 2026, in Indianapolis. (AP Photo/AJ Mast)
Indianapolis Colts' Seth McGowan is stopped by Baltimore Ravens' Carl Jones after a long kick off return during the second half of an NFL football game Sunday, Sept. 13, 2026, in Indianapolis. (AP Photo/AJ Mast)
Baltimore Ravens' Mark Andrews tries to get past Indianapolis Colts' Cam Bynum during the second half of an NFL football game Sunday, Sept. 13, 2026, in Indianapolis. (AP Photo/Jeff Roberson)
Baltimore Ravens' Derrick Henry runs for a touchdown past Indianapolis Colts' Sauce Gardner during the second half of an NFL football game Sunday, Sept. 13, 2026, in Indianapolis. (AP Photo/AJ Mast)
Baltimore Ravens' Zay Flowers gets past Indianapolis Colts' Charvarius Ward for a touchdown during the first half of an NFL football game Sunday, Sept. 13, 2026, in Indianapolis. (AP Photo/AJ Mast)
