New York, New York--(Newsfile Corp. - February 20, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Plug Power Inc. (NASDAQ: PLUG) and certain of the Company's senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in Plug Power, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/plug-power ...

Core Viewpoint - Plug Power, Inc. is facing a class action lawsuit alleging securities fraud, with investors having until April 3, 2026, to seek lead plaintiff status [1]. Summary by Relevant Sections Lawsuit Details - The lawsuit is on behalf of investors who purchased securities from January 17, 2025, to November 13, 2025, alleging that Plug Power materially overstated the likelihood of receiving funds from a DOE Loan and the construction of hydrogen production facilities [1]. - The lawsuit claims that Plug Power is likely to pivot towards less ambitious projects with lower commercial potential [1]. Key Events Impacting Stock Price - On October 7, 2025, Plug Power announced the resignation of CEO Andrew Marsh and President Sanjay Shrestha, leading to a 6.3% decline in share price from $4.13 to $3.87 [1]. - Following an agreement for the immediate exercise of outstanding warrants, Plug Power reported gross proceeds of approximately $370 million, but the share price fell by 5.4% from $3.87 to $3.66 [1]. - On November 10, 2025, Plug Power reported financial results and announced a suspension of activities under the DOE loan program, causing a 3.4% drop in share price from $2.65 to $2.56 [1]. - A report on November 13, 2025, confirmed the suspension of plans to construct hydrogen facilities, resulting in a significant 17.6% decline in share price from $2.73 to $2.25 [1]. Financial Implications - Plug Power stated it would receive approximately $1.4 billion in gross proceeds if new warrants are fully exercised, but indicated that proceeds would be used for working capital rather than capital expenditures for the Graham, Texas facility [1].

Core Viewpoint - A securities fraud class action lawsuit has been initiated against Plug Power Inc., with a deadline for investors to act by April 3, 2026 [1][3]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Northern District of New York on behalf of investors who purchased or acquired Plug Power securities between January 17, 2025, and November 13, 2025, alleging violations of the Securities Exchange Act of 1934 [4]. - The allegations include misrepresentations regarding a loan from the Department of Energy and Plug Power's capability to construct hydrogen production facilities necessary to access the funds from the DOE loan [5]. Group 2: Investor Actions - Investors who wish to serve as lead plaintiffs must file necessary documents by April 3, 2026, although participation in any recovery does not require serving as a lead plaintiff [3]. - Shareholders are not responsible for any fees or expenses as all representation is on a contingency fee basis [3]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since its inception in 1993 and has represented both individual investors and large public and private pension funds [6].

NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Plug Power Inc. (NASDAQ:PLUG) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in Plug Power, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/plug-power-class-action-law ...

Core Viewpoint - The Gross Law Firm is notifying shareholders of Plug Power Inc. regarding a class action lawsuit due to alleged misleading statements made by the company during a specified period [1][3]. Group 1: Allegations - The complaint alleges that during the class period from January 17, 2025, to November 13, 2025, Plug Power made materially false and misleading statements [3]. - It is claimed that the defendants overstated the likelihood of receiving funds from the U.S. Department of Energy's Loan Program and the construction of necessary hydrogen production facilities [3]. - The allegations suggest that Plug Power may pivot towards less ambitious projects with lower commercial potential, indicating that public statements were misleading [3]. Group 2: Class Action Details - Shareholders who purchased shares of Plug Power during the class period are encouraged to register for the class action, with a deadline set for April 3, 2026 [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. - There is no cost or obligation for shareholders to participate in the case [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [5]. - The firm aims to ensure companies engage in responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].

Core Viewpoint - Plug Power Inc shares are experiencing a rebound after a significant decline, with the stock down over 18% in the past month and near its 52-week low [1] Group 1: Shareholder Decisions - Shareholders have approved a significant increase in authorized common shares, allowing Plug Power to raise capital for hydrogen projects without a reverse split, although this raises dilution concerns [2] Group 2: Stock Performance and Technical Indicators - The stock is trading 11.3% below its 20-day simple moving average (SMA) and 22.7% below its 100-day SMA, indicating short-term weakness [3] - Over the past 12 months, shares have increased by 5.68%, but are closer to their 52-week lows, suggesting a challenging recovery environment [3] - The Relative Strength Index (RSI) is at 39.10, indicating neutral territory, while the MACD shows bearish pressure with a value of -0.1056, below its signal line [4] Group 3: Business Model - Plug Power is developing a comprehensive green hydrogen ecosystem, including production, storage, delivery, and energy generation, with plans for green hydrogen highways across North America and Europe [5] Group 4: Earnings and Analyst Consensus - Plug Power is set to report earnings on March 2, 2026 [6] - The stock carries a Hold rating with an average price target of $2.38, with key resistance at $2.00 and support at $1.50 [7] - EPS estimate is a loss of 10 cents, with revenue estimated at $218.70 million, reflecting an increase from previous estimates [8]

Plug Power, Inc. (PLUG) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit [Accessibility Statement] Skip NavigationBENSALEM, Pa., Feb. 18, 2026 /PRNewswire/ -- [The Law Offices of Howard G. Smith] announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Plug Power, Inc. ("Plug Power" or the "Company") (NASDAQ: [PLUG]).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN PLUG POWER, INC. (PLUG), CONTACT THE LAW OFFICES OF ...

Core Viewpoint - A class action lawsuit has been filed against Plug Power Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - Plug Power provides hydrogen fuel cell turnkey solutions for electric mobility and stationary power markets and develops infrastructure such as hydrogen production plants [4]. Legal Proceedings - Investors have until April 3, 2026, to request to lead the case in the U.S. District Court for the Northern District of New York, under the case caption Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165 [3]. Allegations - The lawsuit claims that Plug Power materially overstated the likelihood of receiving a $1.66 billion loan guarantee from the U.S. Department of Energy, which was intended to finance the construction of hydrogen production facilities [4]. Stock Performance - On October 7, 2025, Plug Power's stock dropped by $0.26 per share (6.3%) following the announcement of the abrupt departure of its CEO and President [5]. - On November 10, 2025, the stock fell by $0.09 per share (3.4%) after the company suspended activities under the DOE loan program [6]. - A further drop of $0.48 per share (17.6%) occurred on November 14, 2025, after reports confirmed the suspension of plans to construct hydrogen production facilities, jeopardizing the $1.66 billion DOE loan [7].

NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Plug Power Inc. (“Plug Power” or the “Company”) (NASDAQ: PLUG) and certain officers. The class action, filed in the United States District Court for the Northern District of New York, and docketed under 26-cv-00165, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Plug Power securities between January 17, 2025 and Nove ...

Plug Power stock is feeling bearish pressure. What’s behind PLUG decline?Shareholders Double Authorized Plug Power Share CountAt a Feb. 12 special meeting, investors voted to raise Plug's authorized common shares to 3.0 billion from 1.5 billion, according to a Form 8-K filed Feb. 13. The change gives the fuel-cell maker more room to issue equity without returning for another vote, while a separate proposal to alter voting requirements failed.The extra capacity also means Plug can pursue funding without reso ...