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ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Plug Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - PLUG
TMX Newsfile· 2026-02-06 02:13
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Plug Power Inc. securities during the specified Class Period, indicating potential legal issues surrounding the company's disclosures and financial statements [1]. Group 1: Lawsuit Details - The class action lawsuit pertains to securities purchased between January 17, 2025, and November 13, 2025, and aims to address alleged misleading statements made by Plug Power regarding funding from the U.S. Department of Energy [1][5]. - The lawsuit claims that Plug Power overstated the likelihood of receiving funds from the Department of Energy and misrepresented its ability to construct necessary hydrogen production facilities, leading to potential damages for investors [5]. Group 2: Participation Information - Investors who purchased Plug Power securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors, with notable achievements in 2019 and 2020 [4].
Portnoy Law Firm Announces Class Action on Behalf of Plug Power, Inc. Investors
Globenewswire· 2026-02-06 02:00
Core Viewpoint - A class action lawsuit has been filed against Plug Power, Inc. for allegedly making false and misleading statements regarding its financial prospects and funding from the U.S. Department of Energy during the specified Class Period from January 17, 2025, to November 13, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Plug Power's defendants overstated the likelihood of receiving funds from the U.S. Department of Energy's Loan and failed to disclose the company's potential pivot to less ambitious projects [3]. - Investors have until April 3, 2026, to file a lead plaintiff motion in the class action [1]. Group 2: Investor Communication - Investors are encouraged to contact attorney Lesley F. Portnoy for legal rights discussions and to join the case [2]. - The Portnoy Law Firm offers complimentary case evaluations to discuss options for recovering losses incurred by investors [2]. Group 3: Firm Background - The Portnoy Law Firm has a history of recovering over $5.5 billion for investors affected by corporate wrongdoing [4].
INVESTOR ALERT: Securities Class Action Filed Against Plug Power, Inc. – Investors Encouraged to Contact Kirby McInerney LLP
Businesswire· 2026-02-05 23:00
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Plug Power, Inc. ("Plug Power†or the "Company†) (NASDAQ:PLUG) securities during the period of January 17, 2025 through November 13, 2025, inclusive ("the Class Period†). If you suffered a loss on your Plug Power investments, you have until April 3, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications su. ...
PLUG POWER INC. (PLUG) INVESTOR ALERT Investors With Large Losses in Plug Power Inc. Should Contact Bernstein Liebhard LLP To Discuss Their Rights
Globenewswire· 2026-02-05 19:27
Core Viewpoint - A shareholder has filed a securities class action lawsuit against Plug Power Inc. on behalf of investors who purchased securities between January 17, 2025, and November 13, 2025, alleging misrepresentations regarding a loan from the Department of Energy and the company's ability to construct necessary hydrogen production facilities [1][4]. Group 1: Lawsuit Details - The lawsuit claims that the defendants made false statements about a loan from the Department of Energy and Plug Power's capability to build hydrogen production facilities to access the loan funds [4]. - Investors who wish to serve as lead plaintiffs must file papers by April 3, 2026, and participation as a lead plaintiff is not required to share in any recovery [3]. Group 2: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since its establishment in 1993 and has represented both individual investors and large public and private pension funds [5]. - The firm has been recognized multiple times for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years [5].
Plug Power stock: technical analysis points to a big dive soon
Invezz· 2026-02-05 13:05
Core Viewpoint - Plug Power's stock price has experienced a significant decline, remaining in a bear market after dropping from a high of $4.58 in October last year to the current price of $2.05, representing a slump of over 55% [1] Company Performance - The market capitalization of Plug Power has decreased substantially, reflecting the overall downturn in stock price [1]
PLUG CLASS ACTION ALERT: Plug Power Inc. Hit Sued for Securities Fraud over DOE Funding Issues – Investors Notified to Contact BFA Law by April 3 Class Action Deadline
Globenewswire· 2026-02-05 11:18
Core Viewpoint - A class action lawsuit has been filed against Plug Power Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of New York, titled Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165 [3]. - Investors have until April 3, 2026, to request to be appointed to lead the case [3]. Group 2: Company Background - Plug Power specializes in hydrogen fuel cell turnkey solutions for electric mobility and stationary power markets, and develops infrastructure such as hydrogen production plants [4]. Group 3: Financial Events Leading to Stock Drops - On October 7, 2025, Plug Power announced the departure of CEO Andrew Marsh and President Sanjay Shrestha, resulting in a stock price drop of $0.26 per share, or 6.3%, from $4.13 to $3.87 [5]. - On November 10, 2025, the company suspended activities under the DOE loan program, causing a further drop of $0.09 per share, or 3.4%, from $2.65 to $2.56 [6]. - On November 13, 2025, it was reported that Plug Power confirmed the suspension of plans to construct six hydrogen production facilities, leading to a stock price decline of $0.48 per share, or 17.6%, from $2.49 to $2.25 [7]. Group 4: Allegations of Misrepresentation - The lawsuit alleges that Plug Power materially overstated the likelihood of receiving DOE loan funds and the construction of necessary hydrogen production facilities [4].
Plug Power Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - PLUG
Prnewswire· 2026-02-05 09:01
Core Viewpoint - A class action lawsuit has been filed against Plug Power Inc. for alleged violations of securities laws, claiming the company made false and misleading statements regarding its business prospects and funding opportunities [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from January 17, 2025, to November 13, 2025, with a deadline for lead plaintiff appointments set for April 3, 2026 [2]. - The complaint alleges that Plug Power overstated its chances of receiving Department of Energy (DOE) loan funding and shifted focus to less ambitious projects with limited commercial potential [2]. Group 2: Investor Participation - Shareholders who purchased shares during the class period are encouraged to contact the law firm for potential lead plaintiff appointments, although such an appointment is not necessary to participate in any recovery [2][3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through balanced counseling and aggressive advocacy [4].
Securities Fraud Investigation Into Plug Power, Inc. (PLUG) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2026-02-04 23:06
Core Viewpoint - The Law Offices of Frank R. Cruz is investigating Plug Power, Inc. for potential violations of federal securities laws, indicating concerns regarding the company's compliance and governance practices [1]. Investigation Details - The investigation is initiated on behalf of investors who may have suffered financial losses related to Plug Power, Inc. [1]. - The announcement of the investigation follows a significant event on October 7, 2025, involving the company's Chief Executive Officer [1].
PLUG Stockholder Alert: Robbins LLP Reminds Investors of the Class Action Against Plug Power Inc.
Prnewswire· 2026-02-04 22:24
Core Viewpoint - A class action has been filed against Plug Power Inc. for allegedly misleading investors regarding its ability to secure and utilize a $1.66 billion loan from the U.S. Department of Energy (DOE) [1] Company Overview - Plug Power Inc. specializes in hydrogen fuel cell turnkey solutions for electric mobility and stationary power markets in North America and Europe, including hydrogen storage, production equipment, and infrastructure development [1] Allegations - The complaint alleges that Plug Power overstated the likelihood of receiving funds from the DOE Loan and the construction of necessary hydrogen production facilities [1] - It is claimed that the company was likely to pivot towards less ambitious projects with lower commercial potential [1] Financial Impact - On November 10, 2025, Plug Power reported financial results indicating an expectation to generate over $275 million in liquidity, leading to the suspension of activities under the DOE loan program [1] - Following this announcement, Plug Power's stock price fell by $0.09 per share (3.39%) to close at $2.53 on November 11, 2025 [1] - After confirming the suspension of plans to construct six hydrogen production facilities, the stock price dropped by $0.48 per share (17.58%) to close at $2.25 on November 14, 2025 [1] Class Action Participation - Shareholders interested in serving as lead plaintiffs must file by April 3, 2026, but participation is not required for recovery eligibility [1]
PLUG BREAKING NEWS: Plug Power Inc. Sued for Securities Fraud after it Suspends Plans to Construct Hydrogen Production Facilities -- Investors are Urged to Contact BFA Law
Businesswire· 2026-02-04 21:46
Core Viewpoint - Plug Power Inc. is facing a class action lawsuit for securities fraud after suspending plans to construct hydrogen production facilities, leading to significant stock price drops [1] Group 1: Lawsuit Details - A class action lawsuit has been filed against Plug Power Inc. and certain senior executives for securities fraud, citing violations of federal securities laws [1] - The lawsuit is pending in the U.S. District Court for the Northern District of New York, under the case caption Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165 [1] - Investors have until April 3, 2026, to request to be appointed to lead the case [1] Group 2: Company Background - Plug Power provides hydrogen fuel cell turnkey solutions for electric mobility and stationary power markets, and develops infrastructure such as hydrogen production plants [1] - The company announced a $1.66 billion loan guarantee from the U.S. Department of Energy to finance the construction of hydrogen production projects [1] Group 3: Stock Performance - On October 7, 2025, Plug Power's stock dropped by $0.26 per share (6.3%) following the abrupt departure of its CEO and President [1] - On November 10, 2025, the stock fell by $0.09 per share (3.4%) after the company suspended activities under the DOE loan program [1] - Following a report on November 13, 2025, regarding the suspension of plans to construct hydrogen facilities, the stock dropped by $0.48 per share (17.6%) [1]