New York, New York--(Newsfile Corp. - April 8, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Plug Power Inc. (NASDAQ:PLUG) alleging that the Company violated federal securities laws.
Class Period: November 9, 2020 and March 1, 2021
Lead Plaintiff Deadline: May 7, 2021
Learn more about your recoverable losses in PLUG:
The filed complaint alleges that Plug Power Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company would be unable to timely file its 2020 annual report due to delays related to the review of classification of certain costs and the recoverability of the right to use assets with certain leases; (2) the Company was reasonably likely to report material weaknesses in its internal control over financial reporting; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Shareholders have until May 7, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
For additional information about the PLUG lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
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