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FuelCell (NASDAQ: FCEL) Scrutinized Over Fit Energy Disclosures Driving Stock Down 15% — HBSS

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SAN FRANCISCO, Sept. 23, 2026 /PRNewswire/ — National trial law firm Hagens Berman alerts investors in FuelCell Energy, Inc. (NASDAQ: FCEL) that a securities class action has been filed, and reminds investors that they have until November 10, 2026, to seek appointment as lead plaintiff.

If you purchased or acquired FuelCell securities during the Class Period and suffered significant financial losses, submit your losses now

Key Details

Class Period: June 24, 2026 – Sept. 1, 2026Lead Plaintiff Deadline: Nov. 10, 2026Visit: www.hbsslaw.com/fcel  Direct Contact Email: FCEL@hbsslaw.com Firm Telephone: 844-916-0895

What is the FuelCell Securities Class Action About?

The lawsuit focuses on whether FuelCell Energy and certain top executives—including CEO Jason B. Few and CFO Michael S. Bishop—violated the Securities Exchange Act of 1934 by making materially false and misleading statements regarding the company’s manufacturing capacity, production economics, and a major commercial agreement.

Specifically, the action alleges that throughout the Class Period, defendants touted a high-profile Capital Equipment Purchase Agreement (CEPA) announced on June 24, 2026, under which FuelCell agreed to supply carbonate fuel cell block systems for up to 380 megawatts (MW) of clean, baseload on-site power for data centers to Fit Energy USA LP (beginning with an initial 30 MW phase). Concurrently, FuelCell capitalized on the market enthusiasm by completing a massive underwritten public offering of over 12 million shares of common stock at $21 per share, raising roughly $245.5 million in net proceeds.

However, the complaint alleges that defendants failed to disclose critical operational realities to investors:

That FuelCell’s actual manufacturing capacity was wholly inadequate to generate the production rates required under the Fit Energy CEPA;That the lagging production volume meant product costs and manufacturing overhead heavily exceeded the contractual pricing, locking the company into severe gross losses; andThat the company was tracking multi-million-dollar charges and inventory commitments tied to Phase 0 of the agreement that would decimate its quarterly profitability.

The truth emerged before the market opened on September 2, 2026, when FuelCell reported its fiscal third-quarter 2026 financial results. The company revealed a staggering net loss of $45.3 million and a massive jump in gross losses—driven by $17 million in charges recorded for Phase 0 of the Fit Energy CEPA because current product costs and overhead exceeded contract pricing.

Following these disclosures, the price of FuelCell stock plummeted nearly 16% in a single trading session, severely damaging shareholders.

What Can FuelCell Investors Do?

If you purchased FCEL securities between June 24, 2026, and September 1, 2026, you may be eligible to participate in the lawsuit as a lead plaintiff.

The Private Securities Litigation Reform Act of 1995 permits any investor who suffered financial losses to seek appointment as lead plaintiff. You do not need to sell your shares to join the class action.

Click Here To Submit Your Losses Click Here to Discuss Your Legal Rights: Contact Hagens Berman attorneys to learn more about the case, the lead plaintiff timeline, and your options.

“We’re focused on whether FuelCell may have misled investors about its manufacturing capabilities, as the suit alleges,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation of the claims in the pending suit.

Whistleblowers: Persons with non-public information regarding FuelCell should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email FCEL@hbsslaw.com.

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

Contact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, FCEL@hbsslaw.com

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SOURCE Hagens Berman Sobol Shapiro LLP

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DOKU Names Himelda Renuat CEO as Ant International’s Antom Deepens Strategic Investment in Indonesia’s Payments Leader

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Leadership transition positions DOKU for its next chapter of growth, backed by a 2027 strategy to strengthen national market leadership

JAKARTA, Indonesia, Sept. 24, 2026 /PRNewswire/ — DOKU, Indonesia’s leading payment fintech company, today announced an organisational upgrade and leadership appointments alongside a deepened strategic investment from Antom, the merchant payment and digitisation services of Ant International. The moves build on the strategic partnership the two companies first announced in February 2026, and mark the next step in DOKU’s collaboration with Antom’s global merchant network and closer collaboration with 2C2P, Antom’s Southeast Asia regional payment gateway subsidiary.

Leadership Transition
Effective immediately, DOKU announces the following leadership appointments:

Himelda Renuat, a co-founder of DOKU who most recently served as Chief Marketing Officer, has been appointed Chief Executive Officer of DOKU and Head of Antom Indonesia. In this expanded role, Himelda will lead DOKU’s next phase of growth while overseeing Antom’s business across the Indonesian market, bringing together deep local market knowledge with Antom’s regional and global capabilities.

Chris Yeo, who has led DOKU as CEO since 2022, is stepping down from the role. Under Chris’ leadership, DOKU refined its organizational and operational structure, further strengthening the foundation that underpins the business today, while growing transaction volume and forging its partnership with Ant International. In his new role of Head of Antom Philippines, Chris will continue to shepherd local team to advance AI-powered merchant payment services as part of Antom’s regional strategy to better serve SEA customers.

DOKU is rebranded as Antom Deepens Strategic Investment
Alongside the organisational upgrade, DOKU has been rebranded to “DOKU by Antom,” to show the strong synergy and a consistent GTM strategy among DOKU, 2C2P and Antom, DOKU continues to operate under its own name and licenses, with Antom as a strategic investor supporting DOKU’s continued growth. The deepened relationship strengthens collaboration across three fronts:

Closer integration with Antom’s global merchant network, connecting DOKU’s local payment methods, merchant relationships, and regulatory standing in Indonesia to Antom’s global merchant acquiring platform and Ant International’s broader product ecosystem, including the Alipay+ unified wallet gateway.Expanded collaboration with 2C2P, Antom’s regional payment gateway subsidiary, to deliver more comprehensive, tailored solutions for Indonesian merchants scaling across SEA, and for international merchants entering Indonesia.Broader financial services, including continued work on multi-currency solutions, cross-border payment processing, and exploration of lending and treasury management tools for merchants.

Charting the Next Chapter: DOKU’s Vision upon Organisational Upgrade
Under Himelda’s leadership, DOKU is staying close to what has always driven the company: helping Indonesian businesses grow, one transaction at a time, whether that’s a small merchant taking its first online payment or an enterprise expanding beyond Indonesia’s borders.

Looking toward 2027, DOKU’s roadmap centers on deepening relationships with the merchants it already serves, extending into new industries and payment channels, and helping more Indonesian businesses transact across borders.

These priorities sit on a foundational pillar of service excellence, spanning product reliability, developer-first integration, and dedicated round-the-clock merchant support, that DOKU will continue to invest in as it scales alongside Antom and 2C2P.

Leadership Perspectives
Himelda Renuat, incoming CEO of DOKU, said: “DOKU was built on almost 20 years of trust with our merchants, and that foundation isn’t changing. What’s changing is our reach. With Antom and 2C2P supporting us, we can serve the merchants who trust us today even better, go deeper into the industries that need us most, and help more Indonesian businesses take their first step across borders. I would also like to thank Chris for the structure he has helped shape. It is an honor for me to continue the leadership journey from here.”

Chris Yeo, who most recently served as CEO of DOKU, said: “It has been the privilege of my career to lead DOKU and help shape what we have achieved today alongside our merchants and our team. Himelda is one of DOKU’s founders and has played an instrumental role in building the business and brand, as well as strengthening DOKU’s presence in the market. I couldn’t be more confident in her to lead DOKU into its next chapter.”

Gary Liu, CEO of Antom and Senior Vice President of Ant International, said: “This is a natural next step in the partnership we announced earlier this year, not a departure from it. DOKU’s local expertise, paired with Antom’s global platform and 2C2P’s regional reach, positions us to deliver real value to businesses across Indonesia and Southeast Asia. And in Himelda, we have exactly the right leader to take DOKU into its next chapter. We’re also grateful to Chris for his leadership over the past several years in building this partnership.”

Worachat Luxkanalode, CEO of 2C2P, said: “We look forward to deepening our work with DOKU under this new structure, combining our regional payment gateway capabilities with DOKU’s local market leadership to help merchants scale confidently across Southeast Asia.”

About DOKU by Antom
DOKU by Antom is Indonesia’s leading payment fintech platform, empowering local and global businesses to accept and make payments across online and offline channels through one point of integration. Established in 2007, DOKU was the first Indonesian company to earn PCI DSS Level 1 certification and holds the full suite of six payment licenses from Bank Indonesia, spanning payment gateway, fund transfers, e-money, e-wallets, QR code payments, and PNBP collection. DOKU serves over 300,000 merchants across Indonesia, including TikTok, Google, Garuda Indonesia, Prudential, and Trip.com. DOKU is part of Ant International’s Antom, a world leading merchant payment and digitisation services provider.

For more information, please visit doku.com (corporate) or doku.promo (consumer), find us on Instagram, Facebook, LinkedIn, or YouTube (DOKU ID).

About 2C2P
2C2P is Southeast Asia’s leading payments platform that empowers businesses of all sizes to securely accept and make payments through one point of integration. Its extensive network spans across online, mobile and offline channels including over 600,000 alternative payment locations, enabling enterprises to reach their customers or recipients anywhere. 2C2P is part of Ant International’s Antom, a world leading merchant payment and digitisation services provider.

About Ant International
Ant International is a leading global digital payment, digitisation and financial technology provider. Through collaboration across the private and public sectors, our unified techfin platform supports financial institutions and merchants of all sizes to achieve inclusive growth through a comprehensive range of cutting-edge digital payment and financial services solutions. To learn more, please visit https://www.ant-intl.com/.

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SOURCE DOKU

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Sustaining Its Role as a Driver of the People’s Economy, BRI Posts IDR 31.2 Trillion Net Profit in Q2 2026

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JAKARTA, Indonesia, Sept. 24, 2026 /PRNewswire/ — PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) reported net profit of IDR 31.2 trillion in the second quarter of 2026, up 17.5% year on year, as the bank sustained business growth amid economic and banking industry dynamics. BRI recorded double-digit growth in assets, loans and financing alongside stronger fundamentals, asset quality and profitability.

On a consolidated basis, BRI’s assets reached IDR 2,352 trillion, up 11.7% year on year, while loans and financing rose 16.2% to IDR 1,646 trillion. Third-party funds increased 6.7% to IDR 1,581 trillion, net interest income rose 9.9% to IDR 80.5 trillion, and pre-provision operating profit increased 12.8% to IDR 65.7 trillion.

“These results show that our transformation is starting to deliver. What matters to us is not just how fast BRI grows, but whether that growth is built on stronger fundamentals and benefits the wider economy,” said BRI President Director Hery Gunardi.

Stronger fundamentals support growth

On a bank-only basis, BRI’s Cost of Funds fell to 2.4% from 3.0% a year earlier, while its Cost to Income Ratio improved to 39.2% from 41.9%. The Non-Performing Loan ratio declined to 2.9% from 3.0%, while Cost of Credit improved to 3.1% from 3.4%.

Return on Assets remained at around 2.7%, while Return on Equity increased to 18.8% from 16.6% a year earlier.

BRI is continuing its transformation under BRIVolution Reignite, focusing on strengthening its funding franchise, improving existing core businesses and developing new sources of growth.

MSMEs remain at the core of BRI’s business

Loans to MSMEs reached IDR 1,235.4 trillion at the end of the second quarter, up 8.6% year on year and accounting for 75.1% of BRI Group’s total loan and financing portfolio.

BRI also continued its MSME empowerment programmes. As of June, Desa BRILiaN had reached more than 5,700 assisted villages, Klasterku Hidupku more than 44,000 business clusters, and LinkUMKM about 17.3 million MSMEs.

From January to June, BRI disbursed IDR 103.8 trillion in People’s Business Credit (KUR) to more than two million borrowers.

“MSMEs remain a core part of BRI’s business. As we grow, we want to support businesses and the wider economy by expanding access to finance and strengthening the capacity of Indonesian MSMEs,” Hery said.

For more information, visit www.bri.co.id.

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CDNetworks to Showcase AI-Powered Cloud Security Solutions at Tech Week Singapore 2026

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SINGAPORE, Sept. 24, 2026 /PRNewswire/ — CDNetworks, the APAC-leading network to deliver edge as a service, today announced it will demonstrate its AI-powered cloud security solutions at Tech Week Singapore 2026, taking place September 29–30. Visitors can meet the CDNetworks team at Booth 5-J14.

As cyber threats become faster, more sophisticated, and harder to manage, businesses need security that can keep pace. CDNetworks’ AI-powered security capabilities are designed to help businesses detect and respond to evolving threats more effectively by analyzing traffic patterns, identifying anomalous activity, and adapting protection as threats change. These capabilities support protection against a range of risks, including DDoS attacks, malicious bot activity, web application threats, and API abuse.

At Booth 5-J14, attendees will be able to:

See AI-powered cloud security in action: Learn how CDNetworks applies AI to enhance threat detection and adaptive protection for web applications and APIs.Connect with CDNetworks security experts: Meet CDNetworks security specialists in person and discuss your business requirements and priorities.Explore CDNetworks’ global edge infrastructure: Discover how its network of more than 3,000 Points of Presence (PoPs) supports fast, secure, and reliable digital experiences.Join the booth quiz: Take part in CDNetworks’ on-site quiz for a chance to win prizes.

“AI has real value when it helps security teams keep pace with changing threats without adding operational complexity,” said Antony Li, APAC Head of Sales at CDNetworks. “At Tech Week Singapore, we’ll show how CDNetworks is applying AI in practical ways to strengthen protection for web applications and APIs. We also look forward to engaging with customers and industry peers on the security and connectivity priorities shaping digital growth across the region.”

To learn more or speak with the CDNetworks team at Tech Week Singapore 2026, book a meeting here.

About CDNetworks

As the APAC-leading network with over 3,000 global Points of Presence and more than 20 years of technology experience, CDNetworks delivers the fastest and most secure digital experiences to end users. Our diverse products and services include web performance, media delivery, cloud security, edge computing, zero-trust security, and colocation services, all designed to spur business innovation.

To learn more, visit cdnetworks.com and follow us on LinkedIn.

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SOURCE CDNetworks

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