SAN FRANCISCO, April 25, 2024 (GLOBE NEWSWIRE) -- Hagens Berman, a prominent national trial attorney firm, is urging investors who suffered substantial losses in Plug Power Inc. (NASDAQ:PLUG) to take action by submitting your losses here. The firm encourages individuals with relevant knowledge to assist in the investigation by contacting its attorneys.
Class Period: May 9, 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
Securities Fraud 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 made misleading statements and failed to disclose the following:
- Overstated Ability: 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 ...
PLUG) Faces Securities Fraud Class Action for Concealing its 2023 Liquidity Problems, According to Hagens Berman>Full story available on Benzinga.com