ROSEN, Lead Investor Counsel, Encourages Plug Power Inc. Investors to Seek Legal Counsel’s Assistance Ahead of Important Deadline in Securities Class Action Lawsuit “PLUG”



New York, April 28, 2024 (GLOBE NEWSWIRE) —

Why: Global investor rights law firm Rosen Law Firm reminds investors to purchase securities Plug power Inc. (NASDAQ: NASDAQ: ) Material Events That Occurred Between May 9, 2023 and January 16, 2024, Inclusive (the Class Period) The lead plaintiff deadline is May 21, 2024.

so what: If you purchased Plug Power securities during the Class Period you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Plug Power class action lawsuit, please visit https://rosenlegal.com/submit-form/?case_id=1011 or call Mr. Phillip Kim. For information about the class action lawsuit, call toll-free 866-767-3653 or email case@rosenlegal.com. A class action lawsuit has been filed.If you wish to serve as lead plaintiff, you must file a motion with the Court No later than May 21, 2024. A lead plaintiff is a representative party directing the litigation on behalf of other class members.

Why Choose Rosen Method: Investors are encouraged to select qualified counsel with a track record of success in leadership roles. Often, companies issuing notices do not have similar experience, resources, or any meaningful peer recognition. Many of these firms do not actually file securities class action lawsuits but are simply referral clients or intermediaries that work with the law firms that actually file the lawsuits. Choose your advisor wisely. Rosen Law Firm represents investors worldwide and focuses its practice on securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese company. Rosen Law Firm ranks No. 1 in ISS Securities Class Action Services' 2017 rankings for number of securities class action settlements. In 2019 alone, the company raised more than $438 million from investors. In 2020, founding partner Laurence Rosen was named a “Plaintiffs Bar Titan” by law360. Many of our lawyers have been recognized by Lawdragon and Super Lawyers.

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Case details: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Plug Power overstated its ability and/or efforts to mitigate negative impacts such as supply chain constraints and material shortages that may or are affecting Plug Power's hydrogen business and the adequacy of its cash and capital to fund its operations; (2) Plug Power's plans to build a green hydrogen production facility and its plans to secure external funding sources to fund its growth plans Delays continued; (3) Plug Power downplayed the true scope and severity of all of the above issues when they were finally revealed; (4) Plug Power also exaggerated the near-term prospects of its hydrogen production business for the reasons stated above , and the feasibility of expanding these operations; (5) As a result, Plug Power's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims investors suffered losses.

To join the Plug Power class action lawsuit, please visit https://rosenlegal.com/submit-form/?case_id=1011 or call Mr. Phillip Kim. For information about the class action lawsuit, call toll-free 866-767-3653 or email case@rosenlegal.com.

No categories have been certified. Until a course is certified, you will not be represented by an attorney unless you retain an attorney. You can choose the lawyer of your choice. You can also remain an absent class member and do nothing at this time. An investor's ability to share in any potential future recovery is not dependent on serving as lead plaintiff.

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Contact information:

Mr. Lawrence Rosen
Mr Philip King
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com





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