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PMI Investor Alert - Picard Medical, Inc. Stockholders with Large Losses Should Contact Robbins LLP for Information About the Securities Fraud Class Action
Businesswire· 2026-03-25 20:23
PMI Investor Alert - Picard Medical, Inc. Stockholders with Large Losses Should Contact Robbins LLP for Information About the Securities Fraud Class Action PMI Investor Alert - Picard Medical, Inc. Stockholders with Large Losses Should Contact Robbins LLP for Information About the Securities Fraud Class Action Share SAN DIEGO--(BUSINESS WIRE)-- Robbins LLPreminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Picard Medical, Inc. (NYSE: PMI) securit ...
PLUG Lawsuit: Plug Power Accused of Misrepresentations about its DOE Funding in Securities Fraud Class Action – Investors Notified to Contact BFA Law by April 3
Globenewswire· 2026-03-25 10:17
NEW YORK, March 25, 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-la ...
PLUG Stock Drop: Plug Power Investors with Losses Notified of Rights in Pending Securities Class Action After Stock Plummeted 17%
Prnewswire· 2026-03-24 10:33
PLUG Stock Drop: Plug Power Investors with Losses Notified of Rights in Pending Securities Class Action After Stock Plummeted 17% Accessibility StatementSkip Navigation Why is Plug Power Being Sued for Securities Fraud? Plug Power provides hydrogen fuel cell turnkey solutions for the electric mobility and stationary power markets and develops infrastructure such as hydrogen production plants. During the relevant period, Plug Power announced it had "closed a $1.66 billion loan guarantee" from the U.S. Dept. ...
$PLUG Investment Loss: Lose Money on Plug Power? You may have been Affected by Securities Fraud and are Notified to Contact BFA Law
Globenewswire· 2026-03-23 10:46
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][4]. Group 1: Lawsuit Details - 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 [4][10]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of Plug Power investors [4][10]. Group 2: Allegations Against Plug Power - Plug Power is accused of materially overstating the likelihood of receiving a $1.66 billion loan guarantee from the U.S. Department of Energy, which was intended to finance hydrogen production facilities [5]. - The company provides hydrogen fuel cell solutions and develops infrastructure for hydrogen production [5]. Group 3: Stock Performance and Impact - The stock price of Plug Power dropped significantly following key events: - 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 [6]. - On November 10, 2025, the suspension of activities under the DOE loan program caused a further decline of 3.4%, from $2.65 to $2.56 per share [7]. - 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 [8].
PLUG Investor Reminder: Plug Power Faces Securities Fraud Class Action after Stock Drops 17% - Contact BFA Law by April 3 Legal Deadline
Businesswire· 2026-03-19 10:36
PLUG Investor Reminder: Plug Power Faces Securities Fraud Class Action after Stock Drops 17% - Contact BFA Law by April 3 Legal Deadline Mar 19, 2026 6:36 AM Eastern Daylight Time PLUG Investor Reminder: Plug Power Faces Securities Fraud Class Action after Stock Drops 17% - Contact BFA Law by April 3 Legal Deadline Share A securities fraud class action has been filed against Plug Power and its executives, alleging misrepresentations about a $1.66 billion DoE loan and hydrogen facilities, which lead to a 17% ...
PLUG Court Notice: Plug Power Securities Fraud Class Action Focuses on DOE Funding Issues – Investors Alerted to Contact BFA Law before Upcoming Deadline
Globenewswire· 2026-03-18 10:36
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][4]. Group 1: Lawsuit Details - 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 [4][10]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of Plug Power investors [4]. Group 2: Allegations Against Plug Power - Plug Power is accused of materially overstating the likelihood of receiving a $1.66 billion loan guarantee from the U.S. Department of Energy, which was intended to finance hydrogen production facilities [5]. - The company provides hydrogen fuel cell solutions and develops infrastructure for hydrogen production [5]. Group 3: Stock Performance and Impact - Plug Power's stock dropped 6.3% on October 7, 2025, following the abrupt departure of its CEO and President, falling from $4.13 to $3.87 per share [6]. - On November 10, 2025, the stock fell 3.4% after the company announced the suspension of activities under the DOE loan program, dropping from $2.65 to $2.56 per share [7]. - A further 17.6% decline occurred on November 14, 2025, after reports confirmed the suspension of plans to construct hydrogen facilities, with the stock price decreasing from $2.49 to $2.25 per share [8].
PLUG Shareholder Alert: Plug Power Sued for Securities Fraud after DOE Funding Issues Lead to 17% Stock Drop
Prnewswire· 2026-03-17 10:17
Core Viewpoint - A class action lawsuit has been filed against Plug Power Inc. and its executives for securities fraud, linked to misrepresentations regarding a $1.66 billion Department of Energy loan, resulting in a 17% decline in stock price [1][3]. Group 1: Lawsuit Details - The lawsuit claims violations of federal securities laws under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, with a deadline for investors to lead the case set for April 3, 2026 [3]. - The case is currently pending in the U.S. District Court for the Northern District of New York, titled Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165 [3]. Group 2: Reasons for Stock Decline - On October 7, 2025, Plug Power announced the sudden departure of its CEO and President, leading to a stock price drop of $0.26 per share, or 6.3%, from $4.13 to $3.87 [4]. - Following this, on November 10, 2025, the company suspended activities under the DOE loan program, causing a further decline of $0.09 per share, or 3.4%, from $2.65 to $2.56 [5]. - On November 13, 2025, it was reported that Plug Power confirmed the suspension of plans to construct hydrogen production facilities, resulting in a significant stock drop of $0.48 per share, or 17.6%, from $2.49 to $2.25 [6][7].
$PLUG Lawsuit: Plug Power Accused of Misrepresentations about its DOE Funding in Securities Fraud Class Action – Investors Alerted to Contact BFA Law
Globenewswire· 2026-03-16 10:16
Core Viewpoint - A class action lawsuit has been filed against Plug Power and its executives for securities fraud, alleging misrepresentations regarding a $1.66 billion Department of Energy loan and hydrogen facilities, which resulted in a 17% decline in stock price [1][2][11]. Group 1: Lawsuit Details - The lawsuit is led by Bleichmar Fonti & Auld LLP and claims violations of federal securities laws, specifically under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2][5]. - 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 [5][11]. - The case is titled Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165 [5]. Group 2: Allegations Against Plug Power - Plug Power is accused of materially overstating the likelihood of receiving DOE loan funds and constructing hydrogen production facilities necessary for those funds [6]. - The company provides hydrogen fuel cell solutions and develops infrastructure for hydrogen production [6]. Group 3: Stock Performance and Impact - The stock price of Plug Power dropped significantly following key announcements, including the abrupt departure of CEO Andrew Marsh and President Sanjay Shrestha, which led to a 6.3% decline on October 7, 2025 [7]. - On November 10, 2025, the announcement of suspending activities under the DOE loan program caused a further 3.4% drop in stock price [8]. - A subsequent report on November 13, 2025, regarding the suspension of plans to construct hydrogen facilities resulted in a 17.6% decline in stock price the following day [9].
$PLUG Stock Loss Alert: Plug Power Investors that Lost Money have Rights in Pending Securities Fraud Class Action – Contact BFA Law before April 3 Deadline
Globenewswire· 2026-03-13 10:18
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][4]. Group 1: Lawsuit Details - 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 [4][10]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of Plug Power investors [4][10]. Group 2: Allegations Against Plug Power - Plug Power is accused of materially overstating the likelihood of receiving a $1.66 billion loan guarantee from the U.S. Department of Energy, which was intended to finance hydrogen production facilities [5]. - The company provides hydrogen fuel cell solutions and develops infrastructure for hydrogen production [5]. Group 3: Stock Performance and Impact - Plug Power's stock dropped 6.3% on October 7, 2025, following the abrupt departure of its CEO and President [6]. - A subsequent announcement on November 10, 2025, regarding the suspension of activities under the DOE loan program led to a 3.4% decline in stock price [7]. - On November 14, 2025, news of the suspension of plans to construct hydrogen facilities resulted in a significant 17.6% drop in stock price [8].
PLUG Fraud Reminder: Plug Power Investors with Losses may have been Affected by Securities Fraud – Contact BFA Law about Your Rights before April 3
Globenewswire· 2026-03-11 10:18
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][4]. Group 1: Lawsuit Details - 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 [4][10]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of Plug Power investors [4][10]. Group 2: Allegations Against Plug Power - Plug Power is accused of materially overstating the likelihood of receiving a $1.66 billion loan guarantee from the U.S. Department of Energy, which was intended to finance hydrogen production projects [5]. - The company allegedly misrepresented its ability to construct the necessary hydrogen production facilities to access these funds [5]. 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 [6]. - A month later, on November 10, 2025, the stock fell by $0.09 per share (3.4%) after the company announced the suspension of activities under the DOE loan program [7]. - On November 14, 2025, the stock experienced a significant decline of $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 [8].