Press release
Deadline on June 12th coming up in Lawsuit for Investors in Plug Power Inc. (NASDAQ: PLUG) shares
A Deadline is coming up on June 12, 2023 in the lawsuit for certain investors in Plug Power Inc. (NASDAQ: PLUG).
Investors who purchased shares of Plug Power Inc. (NASDAQ: PLUG) have certain options and there are strict and short deadlines running. Deadline: June 12, 2023. NASDAQ: PLUG stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the District of Delaware the plaintiff alleges on behalf of purchasers of Plug Power Inc. (NASDAQ: PLUG) common shares between August 9, 2022 and March 1, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 9, 2022 and March 1, 2023, the Defendants misrepresented and/or failed to disclose that Plug Power Inc was unable to effectively manage its supply chain and product manufacturing, resulting in reduced revenues and margins, increased inventory levels, and several large deals being delayed until at least 2023, among other issues, and that as a result, Defendants' statements about the company's business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis.
Those who purchased shares of Plug Power Inc. (NASDAQ: PLUG) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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