Plug Power Inc.
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Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Plug Power Inc. (NASDAQ: PLUG) from November 9, 2020 through March 1, 2021 (the “Class Period”). The lawsuit seeks to recover damages for Plug Power Inc. investors under the federal securities laws.
If you bought Plug Power Inc. securities between November 9, 2020 through March 1, 2021, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against Plug Power Inc. – PLUG
New York, N.Y., March 11, 2021. Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Plug Power Inc. (NASDAQ: PLUG) between November 9, 2020 and March 1, 2021, inclusive (the “Class Period”).
To join the PLUG class action, go to http://zhanginvestorlaw.com/cases/plug-power-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email email@example.com for information on the class action.
Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time.
According to the lawsuit, throughout the Class Period (1) 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; (2) the Company was reasonably likely to report material weaknesses in its internal control over financial reporting; and (3) 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. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 7, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/plug-power-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at firstname.lastname@example.org.
Zhang Investor Law represents investors worldwide.