Reminder of Class Action Lawsuit for Plug Power Investors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy PLUG?
Source: Globenewswire
- Class Action Notification: Rosen Law Firm reminds investors who purchased Plug Power securities between January 17, 2025, and November 13, 2025, to apply as lead plaintiffs by April 3, 2026, to participate in the class action and potentially receive compensation.
- Fee Arrangement: Investors joining the class action will incur no out-of-pocket costs, as the law firm operates on a contingency fee basis, thereby reducing the financial burden on investors seeking justice.
- Lawsuit Background: The lawsuit alleges that Plug Power made false or misleading statements during the class period, resulting in investor losses when the true circumstances were revealed, highlighting significant uncertainties regarding the company's funding and project execution.
- Law Firm's Strength: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and resource advantages in handling similar cases.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy PLUG?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on PLUG
Wall Street analysts forecast PLUG stock price to rise
15 Analyst Rating
4 Buy
8 Hold
3 Sell
Hold
Current: 1.820
Low
0.75
Averages
2.46
High
7.00
Current: 1.820
Low
0.75
Averages
2.46
High
7.00
About PLUG
Plug Power Inc. is engaged in offering end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation, to help its customers meet their business goals. The Company develops commercially viable hydrogen and fuel cell product solutions. It provides electrolyzers that allow customers, such as refineries, producers of chemicals, steel, fertilizer and commercial refueling stations, to generate hydrogen on-site. It focuses on industrial mobility applications, including electric forklifts and electric industrial vehicles, at multi-shift high volume manufacturing and high throughput distribution sites and environmental benefits; stationary power systems that supports critical operations, such as data centers, microgrids and generation facilities, in either a backup power or continuous power role and replace batteries, diesel generators or the grid for telecommunication logistics, transportation, and utility customers; and production of hydrogen.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Plug Power Stock Gains Momentum Amid Strategic Growth Initiatives
- Capital Flexibility: Plug Power enhances management's flexibility to raise funds through additional shares, allowing for smaller, staged offerings that mitigate the risk of a reverse split, which could deter institutional investors.
- Strategic Growth Initiatives: The company is racing to fund fuel-cell plants and expand hydrogen production to serve industrial and data-center customers, which is expected to drive revenue growth and narrow losses.
- Investor Focus Ahead: While the increase in shares will dilute existing investors, it provides a cushion for negotiations with creditors and suppliers, helping maintain strategic partner engagement while proving the business model.
- Technical Analysis Update: Currently, Plug Power trades 15.4% below its 20-day simple moving average, indicating short-term challenges; despite a 3.41% increase over the past year, the stock remains closer to its 52-week lows, reflecting ongoing volatility.
See More
Reminder of Class Action Lawsuit for Plug Power Investors
- Class Action Notification: Rosen Law Firm reminds investors who purchased Plug Power securities between January 17, 2025, and November 13, 2025, to apply as lead plaintiffs by April 3, 2026, to participate in the class action and potentially receive compensation.
- Fee Arrangement: Investors joining the class action will incur no out-of-pocket costs, as the law firm operates on a contingency fee basis, thereby reducing the financial burden on investors seeking justice.
- Lawsuit Background: The lawsuit alleges that Plug Power made false or misleading statements during the class period, resulting in investor losses when the true circumstances were revealed, highlighting significant uncertainties regarding the company's funding and project execution.
- Law Firm's Strength: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and resource advantages in handling similar cases.
See More
Class Action Lawsuit Filed Against Plug Power for Securities Violations
- Class Action Reminder: The Schall Law Firm reminds investors of a class action lawsuit against Plug Power for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between January 17, 2025, and November 13, 2025, with a deadline for participation set for April 3, 2026.
- False Statements Allegations: The complaint alleges that Plug Power made false and misleading statements regarding its ability to build hydrogen production facilities necessary for DOE loan funding, indicating a likely pivot to smaller projects with limited commercial viability.
- Investor Losses: As the market became aware of the truth about Plug Power, investors suffered damages, highlighting that the company's public statements were false and materially misleading throughout the class period, which eroded investor confidence.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and encourages affected investors to reach out to discuss their rights, emphasizing the firm's specialization in securities class action lawsuits and shareholder rights litigation to assist investors globally.
See More
Multiple Companies Face Class Action Lawsuits
- Richtech Robotics Lawsuit: Richtech Robotics Inc. is accused of making false statements during the class period from January 27 to January 29, 2026, misleading investors about the company's prospects, with a lead plaintiff motion deadline of April 3, 2026.
- Plug Power Lawsuit: Plug Power, Inc. faces allegations of overstating the availability of DOE loan funds from January 17 to November 13, 2025, with investors needing to act by April 3, 2026, potentially impacting future project viability.
- Picard Medical Lawsuit: Picard Medical, Inc. is implicated in a fraudulent stock promotion scheme from September 2 to October 31, 2025, requiring investors to file a lead plaintiff motion by April 3, 2026, which may lead to stock price volatility.
- BlackRock TCP Lawsuit: BlackRock TCP Capital Corp. is accused of failing to timely value investments from November 6, 2024, to January 23, 2026, resulting in overstated NAV, with a lead plaintiff deadline of April 6, 2026.
See More
Plug Power Faces Class Action Lawsuit Amid Significant Stock Declines
- Class Action Filed: Bleichmar Fonti & Auld LLP has initiated a class action lawsuit against Plug Power and its executives for securities fraud, following significant stock drops due to potential violations of federal securities laws, with investors encouraged to apply to lead the case by April 3, 2026.
- Stock Price 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, indicating market sensitivity to leadership changes.
- Loan Program Suspension: The announcement on November 10, 2025, regarding the suspension of activities under the DOE loan program led to a further 3.4% decline in stock price, from $2.65 to $2.56, reflecting investor concerns over the company's financing capabilities.
- Increased Future Risks: With the confirmation of halted plans for six hydrogen production facilities, Plug Power faces heightened risks regarding the $1.66 billion DOE loan, resulting in a 17.6% stock drop on November 14, 2025, signaling a pessimistic outlook from the market on its future prospects.
See More
Plug Power Faces Securities Fraud Class Action Lawsuit
- Lawsuit Notification: Kirby McInerney LLP has alerted investors who purchased Plug Power securities between January 17 and November 13, 2025, to apply for lead plaintiff status by April 3, 2026, or risk losing their rights, which could significantly impact the outcome of the class action lawsuit.
- Executive Changes Impact: On October 7, 2025, Plug Power announced the resignation of CEO Andrew Marsh and President Sanjay Shrestha, resulting in a 6.3% drop in stock price from $4.13 to $3.87, indicating market sensitivity to leadership changes.
- Financing Agreement Changes: On October 8, 2025, Plug Power entered into an agreement for the immediate exercise of all outstanding warrants, expecting to raise approximately $370 million; however, the stock price fell 5.4%, reflecting investor concerns over the intended use of funds.
- Project Suspension Impact: On November 13, 2025, Plug Power confirmed the suspension of plans to construct six hydrogen production facilities, leading to a 17.6% drop in stock price from $2.73 to $2.25, highlighting significant financial and operational challenges facing the company.
See More
Plug Power Stock Gains Momentum Amid Strategic Growth Initiatives
- Capital Flexibility: Plug Power enhances management's flexibility to raise funds through additional shares, allowing for smaller, staged offerings that mitigate the risk of a reverse split, which could deter institutional investors.
- Strategic Growth Initiatives: The company is racing to fund fuel-cell plants and expand hydrogen production to serve industrial and data-center customers, which is expected to drive revenue growth and narrow losses.
- Investor Focus Ahead: While the increase in shares will dilute existing investors, it provides a cushion for negotiations with creditors and suppliers, helping maintain strategic partner engagement while proving the business model.
- Technical Analysis Update: Currently, Plug Power trades 15.4% below its 20-day simple moving average, indicating short-term challenges; despite a 3.41% increase over the past year, the stock remains closer to its 52-week lows, reflecting ongoing volatility.
See More
Reminder of Class Action Lawsuit for Plug Power Investors
- Class Action Notification: Rosen Law Firm reminds investors who purchased Plug Power securities between January 17, 2025, and November 13, 2025, to apply as lead plaintiffs by April 3, 2026, to participate in the class action and potentially receive compensation.
- Fee Arrangement: Investors joining the class action will incur no out-of-pocket costs, as the law firm operates on a contingency fee basis, thereby reducing the financial burden on investors seeking justice.
- Lawsuit Background: The lawsuit alleges that Plug Power made false or misleading statements during the class period, resulting in investor losses when the true circumstances were revealed, highlighting significant uncertainties regarding the company's funding and project execution.
- Law Firm's Strength: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and resource advantages in handling similar cases.
See More
Class Action Lawsuit Filed Against Plug Power for Securities Violations
- Class Action Reminder: The Schall Law Firm reminds investors of a class action lawsuit against Plug Power for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between January 17, 2025, and November 13, 2025, with a deadline for participation set for April 3, 2026.
- False Statements Allegations: The complaint alleges that Plug Power made false and misleading statements regarding its ability to build hydrogen production facilities necessary for DOE loan funding, indicating a likely pivot to smaller projects with limited commercial viability.
- Investor Losses: As the market became aware of the truth about Plug Power, investors suffered damages, highlighting that the company's public statements were false and materially misleading throughout the class period, which eroded investor confidence.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and encourages affected investors to reach out to discuss their rights, emphasizing the firm's specialization in securities class action lawsuits and shareholder rights litigation to assist investors globally.
See More
Multiple Companies Face Class Action Lawsuits
- Richtech Robotics Lawsuit: Richtech Robotics Inc. is accused of making false statements during the class period from January 27 to January 29, 2026, misleading investors about the company's prospects, with a lead plaintiff motion deadline of April 3, 2026.
- Plug Power Lawsuit: Plug Power, Inc. faces allegations of overstating the availability of DOE loan funds from January 17 to November 13, 2025, with investors needing to act by April 3, 2026, potentially impacting future project viability.
- Picard Medical Lawsuit: Picard Medical, Inc. is implicated in a fraudulent stock promotion scheme from September 2 to October 31, 2025, requiring investors to file a lead plaintiff motion by April 3, 2026, which may lead to stock price volatility.
- BlackRock TCP Lawsuit: BlackRock TCP Capital Corp. is accused of failing to timely value investments from November 6, 2024, to January 23, 2026, resulting in overstated NAV, with a lead plaintiff deadline of April 6, 2026.
See More
Plug Power Faces Class Action Lawsuit Amid Significant Stock Declines
- Class Action Filed: Bleichmar Fonti & Auld LLP has initiated a class action lawsuit against Plug Power and its executives for securities fraud, following significant stock drops due to potential violations of federal securities laws, with investors encouraged to apply to lead the case by April 3, 2026.
- Stock Price 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, indicating market sensitivity to leadership changes.
- Loan Program Suspension: The announcement on November 10, 2025, regarding the suspension of activities under the DOE loan program led to a further 3.4% decline in stock price, from $2.65 to $2.56, reflecting investor concerns over the company's financing capabilities.
- Increased Future Risks: With the confirmation of halted plans for six hydrogen production facilities, Plug Power faces heightened risks regarding the $1.66 billion DOE loan, resulting in a 17.6% stock drop on November 14, 2025, signaling a pessimistic outlook from the market on its future prospects.
See More
Plug Power Faces Securities Fraud Class Action Lawsuit
- Lawsuit Notification: Kirby McInerney LLP has alerted investors who purchased Plug Power securities between January 17 and November 13, 2025, to apply for lead plaintiff status by April 3, 2026, or risk losing their rights, which could significantly impact the outcome of the class action lawsuit.
- Executive Changes Impact: On October 7, 2025, Plug Power announced the resignation of CEO Andrew Marsh and President Sanjay Shrestha, resulting in a 6.3% drop in stock price from $4.13 to $3.87, indicating market sensitivity to leadership changes.
- Financing Agreement Changes: On October 8, 2025, Plug Power entered into an agreement for the immediate exercise of all outstanding warrants, expecting to raise approximately $370 million; however, the stock price fell 5.4%, reflecting investor concerns over the intended use of funds.
- Project Suspension Impact: On November 13, 2025, Plug Power confirmed the suspension of plans to construct six hydrogen production facilities, leading to a 17.6% drop in stock price from $2.73 to $2.25, highlighting significant financial and operational challenges facing the company.
See More
