{"id":747199,"date":"2023-04-12T16:36:18","date_gmt":"2023-04-12T20:36:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kaskela-law-llc-announces-shareholder-class-action-lawsuit-against-plug-power-inc-plug-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/"},"modified":"2023-04-12T16:36:18","modified_gmt":"2023-04-12T20:36:18","slug":"kaskela-law-llc-announces-shareholder-class-action-lawsuit-against-plug-power-inc-plug-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kaskela-law-llc-announces-shareholder-class-action-lawsuit-against-plug-power-inc-plug-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/","title":{"rendered":"Kaskela Law LLC Announces Shareholder Class Action Lawsuit Against Plug Power Inc. (PLUG) and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm"},"content":{"rendered":"

<\/p>\n

Kaskela Law LLC Announces Shareholder Class Action Lawsuit Against Plug Power Inc. (PLUG) and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm<\/b><\/p>\n

PHILADELPHIA–(BUSINESS WIRE<\/a>)–
\nKaskela Law LLC announces that a shareholder class action lawsuit has been filed against Plug Power Inc. (NASDAQ: PLUG) on behalf of investors who purchased shares of the company\u2019s common stock between <\/i>August 9, 2022 and March 1, 2023<\/i><\/b>, inclusive (the \u201cClass Period\u201d).<\/p>\n

Investors who purchased Plug Power\u2019s common stock during the Class Period are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 \u2013 0750, or by email (<\/i><\/b>skaskela@kaskelalaw.com<\/i><\/b><\/a> \/ <\/i><\/b>abell@kaskelalaw.com<\/i><\/b><\/a>) or online at <\/i><\/b>https:\/\/kaskelalaw.com\/cases\/shareholder-fraud-plug-power\/<\/i><\/b><\/a>, for additional information about this action and their legal rights and recovery options.<\/i><\/b><\/p>\n

\nPlug Power is a hydrogen fuel cell company that develops power systems for use in electric vehicles, stationary power units, and other purposes.<\/p>\n

\nAccording to the complaint, during the Class Period, Plug Power and certain of the company\u2019s executive officers made a series of materially false and\/or misleading statements, as well as failed to disclose material adverse facts, about the Company\u2019s business and operations. Specifically, the Defendants are alleged to have misrepresented and\/or failed to disclose that the Company 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.<\/p>\n

\nThe complaint further alleges that, as a result of Defendants\u2019 wrongful acts and omissions, and the significant decline in the market value of the company\u2019s common stock when the truth was revealed, Plug Power\u2019s investors have suffered significant damages.<\/p>\n

IMPORTANT DEADLINE<\/span><\/i>:<\/i><\/b> Investors who purchased Plug Power common stock during the Class Period and suffered a financial loss may, no later than June 12, 2023<\/span><\/i><\/b>, seek to be appointed as a lead plaintiff representative in the action through Kaskela Law LLC or other counsel. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230412005759\/en\/<\/a><\/span><\/p>\n

KASKELA LAW LLC
\n<\/b>
D. Seamus Kaskela, Esq.
\n
Adrienne Bell, Esq.
\n
18 Campus Blvd., Suite 100
\n
Newtown Square, PA 19073
\n
(888) 715 \u2013 1740
\n
(484) 229 \u2013 0750
\n
www.kaskelalaw.com<\/a><\/p>\n

KEYWORDS:<\/b> Pennsylvania United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Kaskela Law LLC Announces Shareholder Class Action Lawsuit Against Plug Power Inc. (PLUG) and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm PHILADELPHIA–(BUSINESS WIRE)– Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Plug Power Inc. (NASDAQ: PLUG) on behalf of investors who purchased shares of the company\u2019s common stock between August 9, 2022 and March 1, 2023, inclusive (the \u201cClass Period\u201d). Investors who purchased Plug Power\u2019s common stock during the Class Period are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 \u2013 0750, or by email (skaskela@kaskelalaw.com \/ abell@kaskelalaw.com) or online at https:\/\/kaskelalaw.com\/cases\/shareholder-fraud-plug-power\/, for additional information about this action and their … <\/p>\n

Continue reading “Kaskela Law LLC Announces Shareholder Class Action Lawsuit Against Plug Power Inc. (PLUG) and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-747199","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nKaskela Law LLC Announces Shareholder Class Action Lawsuit Against Plug Power Inc. (PLUG) and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kaskela-law-llc-announces-shareholder-class-action-lawsuit-against-plug-power-inc-plug-and-encourages-investors-with-losses-in-excess-of-100000-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kaskela Law LLC Announces Shareholder Class Action Lawsuit Against Plug Power Inc. (PLUG) and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Kaskela Law LLC Announces Shareholder Class Action Lawsuit Against Plug Power Inc. (PLUG) and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm PHILADELPHIA–(BUSINESS WIRE)– Kaskela Law LLC announces that a shareholder class action lawsuit has been filed against Plug Power Inc. (NASDAQ: PLUG) on behalf of investors who purchased shares of the company\u2019s common stock between August 9, 2022 and March 1, 2023, inclusive (the \u201cClass Period\u201d). Investors who purchased Plug Power\u2019s common stock during the Class Period are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 \u2013 0750, or by email (skaskela@kaskelalaw.com \/ abell@kaskelalaw.com) or online at https:\/\/kaskelalaw.com\/cases\/shareholder-fraud-plug-power\/, for additional information about this action and their … Continue reading "Kaskela Law LLC Announces Shareholder Class Action Lawsuit Against Plug Power Inc. 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