According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that:
- defendants had materially overstated the likelihood that funds attributed to the U.S. Department of Energy’s Loan would ultimately become available to Plug Power, and/or that Plug Power would ultimately construct the hydrogen production facilities necessary to receive those funds;
- as such, Plug Power was likely to pivot toward more modest projects with less commercial upside; and
- as a result, Plug Power’s public statements were materially false and misleading at all relevant times.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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