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home / articles / PLUG - Hagens Berman Expands Class Period in Class Action Against Plug Power (PLUG) – PLUG Investors with Substantial Losses Encouraged to Contact Firm by May 21 2024 | Benzinga


PLUG - Hagens Berman Expands Class Period in Class Action Against Plug Power (PLUG) – PLUG Investors with Substantial Losses Encouraged to Contact Firm by May 21 2024 | Benzinga

  • SAN FRANCISCO, May 12, 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:

    1. 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.
    2. Delays and Funding Issues: The company continued to experience delays ...

    PLUG) – PLUG Investors with Substantial Losses Encouraged to Contact Firm by May 21, 2024>Full story available on Benzinga.com

  • Stock Information

    Company Name: Plug Power Inc.
    Stock Symbol: PLUG
    Market: NASDAQ
    Website: plugpower.com

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