SAN DIEGO, April 15, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Plug Power Inc. (NASDAQ:PLUG) securities between May 9, 2023 and January 16, 2024. Plug provides hydrogen fuel cell turnkey solutions for the electric mobility and stationary power markets in North America and Europe, focusing on proton exchange membrane ("PEM") fuel cell and fuel processing technologies, fuel cell-battery hybrid technologies, and elated hydrogen storage and dispensing infrastructure.
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The Allegations: Robbins LLP is Investigating the Allegations that Plug Power Inc. (PLUG) Misled Investors Regarding the Profitability of its Hydrogen Business
According to the complaint, during the class period, defendants failed to disclose that: (i) Plug overstated its ability and/or efforts to mitigate the negative impacts ...