PHILADELPHIA, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of FuelCell Energy, Inc. (“FuelCell” or the “Company”) (NASDAQ: FCEL) following new disclosures concerning the costs and contractual pricing associated with the Company’s agreement with Fit Energy USA LP.
FuelCell announced the Fit Energy agreement on June 24, 2026. The agreement contemplates up to 380 MW of fuel cell systems across four phases. The initial committed phase covers 30 MW and is referred to in FuelCell’s filings as “Phase 0.”
New 10-Q Discloses $17 Million in Charges
On September 2, 2026, FuelCell filed its Quarterly Report on Form 10-Q, disclosing approximately $17 million in inventory and firm-purchase-commitment charges associated with the initial 30 MW phase of the Fit Energy agreement.
FuelCell further disclosed that its product costs and manufacturing overhead currently exceed the contractual pricing established under the Fit Energy agreement, stating:
“The gross loss from product revenues for the three months ended July 31, 2026 reflects product costs and manufacturing overhead that currently exceed the contractual pricing established under the CEPA with Fit.”
FCEL Shares Fall Following Q3 Results
Following FuelCell’s third-quarter results, FCEL shares dropped more than 13% during intraday trading on September 2, 2026.
FuelCell Energy Investors: Contact Kehoe Law Firm
Kehoe Law Firm is investigating whether FuelCell Energy investors may have claims under the federal securities laws concerning the Company’s disclosures regarding the Fit Energy agreement, its costs and contractual pricing.
If you purchased FuelCell Energy securities and suffered a financial loss, contact Kehoe Law Firm to discuss your legal rights without cost or obligation.
For a free, no-obligation legal evaluation, contact:
Michael Yarnoff, Esq.
(215) 792-6676, Ext. 800
myarnoff@kehoelawfirm.com
info@kehoelawfirm.com
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action law firm representing investors, consumers, and employees in matters involving securities fraud, corporate misconduct, mergers and acquisitions, antitrust violations, whistleblower claims, data breaches, consumer fraud, employment law violations, and retirement-plan mismanagement. Its attorneys have served as lead or co-lead counsel in major securities cases, recovering more than $10 billion for institutional and individual investors.
Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning plaintiffs are not responsible for attorneys’ fees or litigation expenses. Any request for attorneys’ fees and expenses will be subject to court approval.
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