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Lawsuit for Investors in Plug Power Inc. (NASDAQ:PLUG) announced by Shareholders Foundation

Tuesday, 25 May 2021 07:05 AM

Shareholders Foundation, Inc.

Topic:
Lawsuits

SAN DIEGO, CA / ACCESSWIRE / May 25, 2021 / The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in (NASDAQ:PLUG) shares.

Investors, who purchased shares of Plug Power Inc. (NASDAQ:PLUG) prior to November 2020 and continue to hold any of their (NASDAQ:PLUG) shares, have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

The plaintiff alleged that the defendants failed to disclose to investors that 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, that the Company was reasonably likely to report material weaknesses in its internal control over financial reporting, and that, 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.

Those who purchased Plug Power Inc. (NASDAQ:PLUG) shares should contact the Shareholders Foundation, Inc.

CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

SOURCE: Shareholders Foundation, Inc.

Topic:
Lawsuits
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