Plug Power Inc. Class Action Lawsuit - PLUG

The filed complaint alleges that Plug Power Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Plug overstated its ability and/or efforts to mitigate the negative impacts that, among other things, supply chain constraints and material shortages could have or were having on the Company’s hydrogen business, as well as the sufficiency of its cash and capital to fund its operations; (ii) Plug continued to experience delays related to its green hydrogen production facility build-out plans, as well as in securing external funding sources to finance its growth plans; (iii) Plug downplayed the true scope and severity of all the foregoing when these issues were eventually revealed; (iv) as a result of all the foregoing, Plug also overstated the near-term prospects of its hydrogen production operations, as well as the viability of expanding those operations; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

In order to be eligible to join the PLUG class action lawsuit, you must have incurred a loss on shares of Plug Power Inc. purchased during the class period listed above.

If you suffered a loss in Plug Power Inc. during the relevant time frame or pursuant to the relevant offering(s), you have until May 21, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.