FuelCell Energy Inc (NASDAQ:FCEL) Investor Investigation Concerning Potential Securities Laws Violations

If you purchased shares of FuelCell Energy Inc (NASDAQ:FCEL), you have certain options and you should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
FuelCell Energy
Affected Securities: 

January 14, 2014 (Shareholders Foundation) - An investigation on behalf of investors of FuelCell Energy Inc (NASDAQ:FCEL) shares over potential securities laws violations by FuelCell Energy. and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of FuelCell Energy Inc (NASDAQ:FCEL) concerning whether a series of statements by FuelCell Energy regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

FuelCell Energy Inc reported that its Total Revenue increased from $69.78 million for the 12 months period that ended on October 31, 2010 to $120.60 million for the 12 months period that ended on October 31, 2012, and that its Net Loss for those respective time periods declined from $55.66 million to $35.49 million.

Shares of FuelCell Energy Inc (NASDAQ:FCEL) grew from under $1 per share in April to $1.86 per share on December 16, 2013.

Then on December 16, 2013, FuelCell Energy Inc reported its fourth quarter and fiscal year 2013 results and business highlights.

NASDAQ:FCEL declined from to $1.86 per share on December 16, 2013 to $1.281 per share on December 24, 2013.