Core Viewpoint - The lawsuit against Plug Power, Inc. alleges that the company materially overstated the likelihood of receiving funds from a Department of Energy (DOE) loan and that it would pivot to less ambitious projects, impacting investor confidence and share prices [4]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of investors who purchased Plug Power securities between January 17, 2025, and November 13, 2025 [4]. - Investors who suffered losses have until April 3, 2026, to request lead plaintiff appointment, which is crucial for overseeing the litigation [2]. - The lawsuit claims that Plug Power misrepresented the availability of DOE loan funds and the construction of hydrogen production facilities [4]. Group 2: Company Developments - 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 [5]. - Following an agreement for the immediate exercise of outstanding warrants, Plug Power raised approximately $370 million, but the share price fell by 5.4% from $3.87 to $3.66 [6]. - On November 10, 2025, the company reported financial results and announced a significant pivot by suspending activities under the DOE loan program, causing a 3.4% drop in share price from $2.65 to $2.56 [7]. - On November 13, 2025, it was reported that Plug Power confirmed the suspension of plans to construct hydrogen facilities, resulting in a 17.6% decline in share price from $2.73 to $2.25 [9].

Core Viewpoint - A class action securities lawsuit has been filed against Plug Power Inc. for alleged securities fraud affecting investors between January 17, 2025, and November 13, 2025 [1] Group 1: Lawsuit Details - The complaint alleges that defendants made false statements regarding the availability of funds from the U.S. Department of Energy's Loan Program, overstating the likelihood that these funds would be accessible to Plug Power [2] - It is claimed that Plug Power was likely to shift towards less ambitious projects with lower commercial potential, contradicting public statements made by the company [2] - The lawsuit asserts that the company's public statements were materially false and misleading throughout the relevant period [2] Group 2: Next Steps for Investors - Investors who suffered losses in Plug Power during the specified timeframe have until April 3, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4]

Core Viewpoint - A class action lawsuit has been filed against Plug Power Inc. and certain officers for alleged violations of federal securities laws during a specified class period [1] Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Northern District of New York [1] - The class consists of all persons and entities, excluding the defendants, who purchased or acquired Plug Power securities between January 17, 2025, and November 13, 2025 [1] - The lawsuit seeks to recover damages caused by the defendants' violations of the Securities Exchange Act of 1934 [1] Group 2: Legal Basis - The claims are based on Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1] - The lawsuit targets both the Company and certain top officials [1]

Core Viewpoint - The Gross Law Firm has announced a lead plaintiff deadline of April 3, 2026, for shareholders of Plug Power Inc. (NASDAQ: PLUG) who purchased shares during the specified class period, indicating potential legal action due to alleged misleading statements by the company [1]. Group 1: Legal Action Details - The class period for the lawsuit is defined as January 17, 2025, to November 13, 2025 [1]. - Allegations include that Plug Power's management overstated the likelihood of receiving funds from the U.S. Department of Energy's Loan Program and misrepresented the company's ability to construct necessary hydrogen production facilities [1]. - The lawsuit claims that as a result of these misrepresentations, Plug Power may need to shift focus to less ambitious projects, which could impact its commercial prospects [1]. Group 2: Shareholder Participation - Shareholders are encouraged to register for the class action to potentially become lead plaintiffs, although this appointment is not necessary to participate in any recovery [1]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [1]. - The Gross Law Firm emphasizes that there is no cost or obligation for shareholders to participate in the case [1].

Core Viewpoint - The article highlights the upcoming deadline of April 3, 2026, for investors to file a lead plaintiff motion in a class action lawsuit concerning Plug Power, Inc. securities purchased between January 17, 2025, and November 13, 2025 [1] Group 1 - The class action is filed on behalf of investors who acquired Plug Power, Inc. securities during the specified class period [1] - Investors who suffered losses on their Plug Power investments are encouraged to inquire about potentially pursuing the case [1]

Core Viewpoint - A class action has been filed against Plug Power Inc. for allegedly misleading investors regarding its ability to secure and utilize a $1.66 billion loan from the U.S. Department of Energy (DOE) [1][2]. Group 1: Allegations and Financial Impact - The complaint alleges that Plug Power overstated the likelihood of receiving funds from the DOE Loan and the construction of necessary hydrogen production facilities [3]. - On November 10, 2025, Plug Power reported financial results indicating a shift in focus, leading to a suspension of activities under the DOE loan program, which resulted in a stock price drop of $0.09 per share, or 3.39%, closing at $2.53 [4]. - Following a report on November 13, 2025, confirming the suspension of plans to construct hydrogen facilities, Plug Power's stock fell by $0.48 per share, or 17.58%, closing at $2.25 [5]. Group 2: Class Action Participation - Shareholders interested in participating as lead plaintiffs must file by April 3, 2026, but can remain absent class members without taking action [6].

Core Viewpoint - A class action lawsuit has been filed against Plug Power Inc. and its senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - 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]. Legal Proceedings - Investors have until April 3, 2026, to request to lead the case, which 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]. Financial Impact - Plug Power announced a $1.66 billion loan guarantee from the U.S. Department of Energy to finance the construction of hydrogen production projects, but allegedly overstated the likelihood of receiving these funds [4]. - The stock price dropped significantly following key announcements: - On October 7, 2025, the abrupt departure of CEO Andrew Marsh and President Sanjay Shrestha led to a 6.3% drop, from $4.13 to $3.87 per share [5]. - On November 10, 2025, the suspension of activities under the DOE loan program caused a 3.4% drop, from $2.65 to $2.56 per share [6]. - On November 14, 2025, confirmation of the suspension of plans to construct hydrogen facilities resulted in a 17.6% drop, from $2.49 to $2.25 per share [7].

Core Viewpoint - Plug Power Inc. is accelerating the date of its reconvened Special Meeting of Stockholders to February 12, 2026, at 4:00 p.m. Eastern Time, from the previously scheduled date of February 17, 2026 [1] Group 1 - Stockholders of record as of December 12, 2025, are eligible to participate in the virtual meeting, where they can vote and submit questions in real time [2] - Participants must have their 16-digit control number from their proxy materials to access the meeting [2] Group 2 - Plug Power has filed a definitive proxy statement and other relevant documents with the U.S. Securities and Exchange Commission (SEC) regarding the Special Meeting, urging investors to read these documents carefully [3] - Stockholders can obtain copies of these documents free of charge at the SEC's website or on Plug's website [3] Group 3 - The Company and its directors and executive officers may be considered participants in the solicitation of proxies from stockholders in connection with the Special Meeting [4] - Information about the Company's directors and executive officers, including their stock ownership, is available in the definitive proxy statement filed with the SEC [4] Group 4 - Media contact information is provided for inquiries related to the meeting, including a virtual meeting link and dial-in access numbers [5]

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 class period [1][3]. Group 1: Class Action Details - The class period for the lawsuit is from January 17, 2025, to November 13, 2025 [3]. - Allegations include that Plug Power overstated the likelihood of receiving funds from the U.S. Department of Energy's Loan Program and failed to disclose the potential pivot to less lucrative projects [3]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by April 3, 2026, to potentially become lead plaintiffs [4]. - Registration allows shareholders to receive updates on the case through portfolio monitoring software [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors from deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].

Core Viewpoint - The article highlights the upcoming deadline of April 3, 2026, for investors to file a lead plaintiff motion in a case concerning Plug Power, Inc. (NASDAQ: PLUG) for securities purchased between January 17, 2025, and November 13, 2025, indicating potential legal actions for investors who suffered losses during this period [1]. Group 1 - The law offices of Howard G. Smith are reminding investors about the deadline to participate in the legal case [1]. - The class period for the securities in question is specified as between January 17, 2025, and November 13, 2025 [1]. - Investors who experienced losses in Plug Power, Inc. are encouraged to contact the law offices for participation [1].