NEW
YORK, March 29, 2024 /PRNewswire/ -- The
Gross Law Firm issues the following notice to shareholders of
Plug Power Inc. (NASDAQ: PLUG).
Shareholders who purchased shares of PLUG during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/plug-power-inc-loss-submission-form-3/?id=73199&from=4
CLASS PERIOD: May 9, 2023
to January 16, 2024
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued 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.
DEADLINE: May 21, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/plug-power-inc-loss-submission-form-3/?id=73199&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of PLUG during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is May 21, 2024. There is no cost or
obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm