Nasdaq Today – Lawsuit against Plug Power Inc. Announced by Shareholders Foundation
SAN DIEGO, April 13, 2021 (GLOBE NEWSWIRE) — The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in Plug Power Inc. (NASDAQ: PLUG) shares.
Investors, who purchased shares of Plug Power Inc. (NASDAQ: PLUG) prior to November 2020 and continue to hold any of their NASDAQ: PLUG shares, have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
On March 8, 2021, a lawsuit was filed against Plug Power Inc. over alleged violations of securities laws. The plaintiff alleged that the defendants failed to disclose to investors that the Company would be unable to timely file its 2020 annual report due to delays related to the review of classification of certain costs and the recoverability of the right to use assets with certain leases, that the Company was reasonably likely to report material weaknesses in its internal control over financial reporting, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased Plug Power Inc. (NASDAQ: PLUG) shares should contact the Shareholders Foundation, Inc.
Shareholders Foundation, Inc.
+1 (858) 779-1554
3111 Camino Del Rio North
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.