Shareholders Foundation, Inc.

FuelCell Energy Inc (NASDAQ:FCEL) Investor Alert: Investigation over Possible Violations of Securities Laws

An investigation for investors in FuelCell Energy Inc (NASDAQ:FCEL) shares over potential securities laws violations by FuelCell Energy was announced and NASDAQ:FCEL stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (SBWIRE) -- 01/16/2014 -- 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 .

If you purchased shares of FuelCell Energy Inc (NASDAQ:FCEL), you have certain options and you should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

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.

On January 14, 2014 shares of FuelCell Energy Inc closed at $1.68 per share.

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

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com