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]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of New York, captioned Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165 [3]. - Investors have until April 3, 2026, to request to be appointed to lead the case, with claims asserted under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. Group 2: Company Background - Plug Power specializes in hydrogen fuel cell turnkey solutions for electric mobility and stationary power markets, and develops infrastructure such as hydrogen production plants [4]. - The company announced a "closed a $1.66 billion loan guarantee" from the U.S. Department of Energy to finance the construction of hydrogen production facilities [4]. Group 3: Stock Performance and Events - On October 7, 2025, the abrupt departure of CEO Andrew Marsh and President Sanjay Shrestha led to a stock price drop of $0.26 per share, or 6.3%, from $4.13 to $3.87 [5]. - On November 10, 2025, Plug Power suspended activities under the DOE loan program, causing a further stock drop of $0.09 per share, or 3.4%, from $2.65 to $2.56 [6]. - A report on November 13, 2025, confirmed the suspension of plans to construct hydrogen production facilities, resulting in a stock drop of $0.48 per share, or 17.6%, from $2.49 to $2.25 [7].

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 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].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Plug Power Inc. due to allegations of violations of federal securities laws, encouraging affected investors to seek legal recourse before the April 3, 2026 deadline for lead plaintiff applications in a federal securities class action [4][12]. Group 1: Allegations and Company Actions - The complaint alleges that Plug Power and its executives made false and misleading statements regarding the availability of funds from the DOE Loan and the company's ability to construct necessary hydrogen production facilities [6]. - Following the announcement of the resignation of key executives, including CEO Andrew Marsh and President Sanjay Shrestha, Plug Power's stock price fell by 6.29% to close at $3.87 per share [7][8]. - On November 10, 2025, Plug Power reported a significant pivot in strategy, announcing the suspension of activities under the DOE loan program, which led to a 3.39% decline in stock price to $2.53 per share [9][10]. Group 2: Financial Impact and Stock Performance - The suspension of plans to construct hydrogen production facilities put at risk the $1.66 billion DOE Loan, resulting in a 17.58% drop in stock price over two trading sessions, closing at $2.25 per share on November 14, 2025 [11]. - The company had previously indicated to analysts that they should not expect revenue from the data center power generation segment for the next two to three years, highlighting a significant change in expectations [9][10].

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]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of New York, captioned Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165 [3]. - Investors have until April 3, 2026, to request to be appointed to lead the case [3]. Group 2: Company Background - Plug Power specializes in hydrogen fuel cell turnkey solutions for electric mobility and stationary power markets, and develops infrastructure such as hydrogen production plants [4]. Group 3: Allegations and Stock Performance - The lawsuit alleges 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]. - Following the announcement of the CEO and President's abrupt departure on October 7, 2025, Plug Power's stock dropped by $0.26 per share, or 6.3%, from $4.13 to $3.87 [5]. - On November 10, 2025, the company announced the suspension of activities under the DOE loan program, leading to a further stock drop of $0.09 per share, or 3.4%, from $2.65 to $2.56 [6]. - A report on November 13, 2025, confirmed the suspension of plans to construct hydrogen facilities, resulting in a stock drop of $0.48 per share, or 17.6%, from $2.49 to $2.25 [7].

Core Viewpoint - Investors in Plug Power Inc. who incurred losses exceeding $100,000 during the specified class period may have the opportunity to lead a securities fraud lawsuit against the company, with a deadline for lead plaintiff applications set for April 3, 2026 [1]. Summary by Relevant Sections Class Action Details - The Rosen Law Firm is reminding investors who purchased Plug Power securities between January 17, 2025, and November 13, 2025, of their potential entitlement to compensation through a class action lawsuit [1]. - A class action lawsuit has already been filed, and interested parties must apply to serve as lead plaintiff by the specified deadline [1]. Allegations Against Plug Power - The lawsuit alleges that during the class period, defendants made false or misleading statements regarding the availability of funds from the U.S. Department of Energy's Loan and the construction of hydrogen production facilities [1]. - It is claimed 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 [1]. Law Firm Credentials - The 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 [1]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [1].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Plug Power Inc. securities between January 17, 2025, and November 13, 2025, of the April 3, 2026, deadline to become a lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Plug Power securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [2][5] - The lawsuit alleges that defendants made false or misleading statements regarding the availability of funds from the U.S. Department of Energy and the company's project viability, leading to investor damages when the truth was revealed [4] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [3] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise and reputation in the field [3]

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 occurred on November 14, 2025, when the stock decreased by $0.48 per share (17.6%) after reports confirmed the suspension of plans to construct hydrogen production facilities, jeopardizing the $1.66 billion DOE loan [7].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Plug Power Inc. securities between January 17, 2025, and November 13, 2025, of the April 3, 2026, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Plug Power securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by visiting the provided link or contacting the firm directly [3][6]. - To serve as a lead plaintiff, individuals must file a motion with the court by April 3, 2026 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in this area [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has consistently ranked highly in terms of settlements since 2013 [4]. Group 3: Case Allegations - The lawsuit alleges that Plug Power's defendants made false or misleading statements regarding the availability of funds from the U.S. Department of Energy's Loan and the company's ability to construct necessary hydrogen production facilities [5]. - It is claimed that these misrepresentations led to a pivot towards less commercially viable projects, resulting in damages to investors when the truth was revealed [5].

Core Viewpoint - Plug Power is experiencing positive momentum in its stock performance, driven by strategic growth initiatives and capital flexibility to fund fuel-cell plants and hydrogen production [2][3]. Group 1: Strategic Growth and Capital Flexibility - The company is focused on expanding its hydrogen production and serving industrial and data-center customers, which is crucial for its growth strategy [2]. - The authorization of extra shares provides management with the flexibility to raise cash through smaller, staged offerings, avoiding a reverse split that could deter institutional investors [2]. - A thicker equity cushion allows Plug Power to renegotiate financing, secure long-term supply deals, and maintain engagement with strategic partners while working towards positive cash flow [3]. Group 2: Investor Considerations - Future stock sales may dilute existing investors, and management will be evaluated on its ability to manage capital markets effectively and direct new funds towards revenue-generating projects [4]. - The stock currently carries a Hold rating with an average price target of $2.38, reflecting cautious sentiment among analysts [8]. Group 3: Technical Analysis - Plug Power is trading 15.4% below its 20-day simple moving average (SMA) and 25.2% below its 100-day SMA, indicating a challenging short-term outlook [5]. - Over the past 12 months, shares have increased by 3.41%, but are closer to their 52-week lows than highs, suggesting ongoing volatility [5]. - The RSI is at 38.38, indicating neutral territory, while the MACD is below its signal line, suggesting bearish pressure on the stock [6]. Group 4: Upcoming Earnings and Analyst Actions - Investors are anticipating the next earnings report scheduled for March 2 [7]. - Key resistance for the stock is at $2.00, with key support at $1.50. The EPS estimate is a loss of 10 cents, an improvement from a loss of $1.65 year-over-year, while the revenue estimate is $218.70 million, up from $191.47 million year-over-year [9]. Group 5: ETF Exposure - Plug Power has significant weight in top ETFs, such as Global X Hydrogen ETF (12.33% weight) and Direxion Hydrogen ETF (6.90% weight), meaning significant inflows or outflows in these funds could impact the stock price [10].

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]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of New York, captioned Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165 [3]. - Investors have until April 3, 2026, to request to be appointed to lead the case [3]. Group 2: Company Background - Plug Power specializes in hydrogen fuel cell turnkey solutions for electric mobility and stationary power markets, and develops infrastructure such as hydrogen production plants [4]. - The company announced a "closed a $1.66 billion loan guarantee" from the U.S. Department of Energy to finance the construction of hydrogen production facilities [4]. Group 3: Stock Performance and Events - On October 7, 2025, Plug Power's stock dropped by $0.26 per share (6.3%) following the abrupt departure of its CEO and President [5]. - On November 10, 2025, the company announced the suspension of activities under the DOE loan program, leading to a stock drop of $0.09 per share (3.4%) [6]. - On November 13, 2025, it was reported that Plug Power confirmed the suspension of plans to construct hydrogen facilities, resulting in a stock drop of $0.48 per share (17.6%) [7].