SAN FRANCISCO, May 15, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges investors who suffered substantial losses in Plug Power Inc. (NASDAQ:PLUG) to submit their losses now.
Expanded Class Period: Mar. 1, 2023 – Jan. 16, 2024
Lead Plaintiff Deadline: May 21, 2024
Website: www.hbsslaw.com/investor-fraud/PLUG
Contact Email: PLUG@hbsslaw.com Phone: 844-916-0895
Class Action Against Plug Power Inc. (NASDAQ:PLUG): The lawsuit challenges Plug Power's claims that its green hydrogen production plant construction was "on track" and that it had identified non-dilutive funding opportunities. The complaint alleges that Plug Power misled investors by omitting to disclose:
- Supply Chain Challenges: Plug overstated its ability to mitigate the negative impacts of supply chain constraints and material shortages on its hydrogen business. It also exaggerated the sufficiency of its cash and capital to fund operations.
- Delays and Funding Issues: The company continued to experience delays ...
PLUG) – PLUG Investors with Substantial Losses Encouraged to Contact Firm by May 21, 2024 Deadline>Full story available on Benzinga.com