TMX Newsfile·2026-02-09 02:36Core 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 is for investors who purchased Plug Power securities between January 17, 2025, and November 13, 2025, and aims to provide compensation without any out-of-pocket fees through a contingency fee arrangement [2][3]. - Investors wishing to serve as lead plaintiffs must file with the court by April 3, 2026, to represent other class members in the litigation [1][3]. Group 2: Allegations Against Plug Power - The lawsuit claims that Plug Power's defendants made false and misleading statements regarding the likelihood of receiving funds from the U.S. Department of Energy's Loan and the construction of necessary hydrogen production facilities [5]. - It is alleged that these misstatements led to a misrepresentation of the company's potential projects, suggesting a pivot towards less commercially viable projects, which ultimately misled investors [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes its experience and success in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors, showcasing its capability in handling such cases [4].