TMX Newsfile·2026-02-07 02:49Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Plug Power Inc. securities during the specified Class Period, indicating potential legal issues surrounding the company's disclosures and statements [1]. Group 1: Class Action Details - The class action lawsuit pertains to securities purchased between January 17, 2025, and November 13, 2025, and a lead plaintiff must be appointed by April 3, 2026 [1][3]. - Investors who purchased Plug Power securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Allegations Against Plug Power - The lawsuit claims that defendants made false and misleading statements regarding the likelihood of funds from the U.S. Department of Energy's Loan being available to Plug Power and the construction of necessary hydrogen production facilities [5]. - It is alleged that Plug Power was likely to shift towards less ambitious projects with lower commercial potential, which rendered the company's public statements materially false and misleading [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013, recovering hundreds of millions for investors [4].