PLUG - Hagens Berman Files New Securities Class Action Against Plug Power (Plug) And Its Senior Executives: New Complaint Extends Alleged Fraudulent Period From Mar. 1 2023 – Jan. 16 2024 Inclusive; Lead Plaintiff Filing Deadline Remains May 21 2024 | Benzin
SAN FRANCISCO, May 01, 2024 (GLOBE NEWSWIRE) -- Hagens Berman announces that the firm has filed a new class action lawsuit against Plug Power Inc. (NASDAQ:PLUG) and certain of its senior executives.
The new complaint extends the alleged fraudulent period in the pending litigation against Plug Power, contending that Plug Power's stock was artificially inflated by defendants' alleged fraud from Mar. 1, 2023 through Jan. 16, 2024, inclusive ("Extended Class Period").
Lead plaintiff motions for the Plug Power class action litigation must still be filed with the Court no later than May 21, 2024. Hagens Berman therefore urges investors who suffered substantial losses on purchases of Plug Power securities during the Extended Class Period and who wish to serve as lead plaintiff of the Plug Power litigation to contact Hagens Berman now.
Extended Alleged 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
Hagens Berman's New PLUG Securities Fraud Class Action Alleging Extended Class Period:
The new class action, filed in the United States District Court for the Northern District of New York, and captioned Lee v. Plug Power Inc., et al., Case No. 1:24-CV-598 (MAD/DJS), seeks to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
The new class action is related to pending securities class action litigation against Plug Power in the Northern District of New York, Adote v. Plug Power, Inc., 1:24-CV-406 (MAD/DJS), ...