{"id":750408,"date":"2023-04-24T14:54:09","date_gmt":"2023-04-24T18:54:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/plug-lawsuit-alert-levi-korsinsky-reminds-plug-power-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/"},"modified":"2023-04-24T14:54:09","modified_gmt":"2023-04-24T18:54:09","slug":"plug-lawsuit-alert-levi-korsinsky-reminds-plug-power-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/plug-lawsuit-alert-levi-korsinsky-reminds-plug-power-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/","title":{"rendered":"PLUG\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Reminds Plug Power Inc. Investors of a Class Action Lawsuit and Upcoming Deadline"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, April  24, 2023  (GLOBE NEWSWIRE) &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in\u00a0<strong>Plug Power Inc.<\/strong>\u00a0(&#8220;Plug&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: PLUG) of a class action securities lawsuit.<\/p>\n<p>The lawsuit on behalf of Plug investors has been commenced in the United States District Court for the District of Delaware. Affected investors purchased or otherwise acquired certain Plug Power Inc. securities\u00a0<strong><u>between August 9, 2022 and March 1, 2023<\/u><\/strong>. Follow the link below to get more information and be contacted by a member of our\u00a0team:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/zlk.com\/pslra-1\/plug-power-inc-lawsuit-submission-form?wire=3\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/zlk.com\/pslra-1\/plug-power-inc-lawsuit-submission-form?wire=3<\/a>\n      <\/p>\n<p>or contact Joseph E. Levi, Esq. either via email at\u00a0<a href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow noopener\" target=\"_blank\">jlevi@levikorsinsky.com<\/a>\u00a0or by telephone at (212) 363-7500.\u00a0<strong>There is no cost or obligation to you.<\/strong><\/p>\n<p>\n        <strong>Plug Power Inc. NEWS &#8211; PLUG NEWS<\/strong>\n      <\/p>\n<p>\n        <strong>CASE DETAILS:<\/strong>\u00a0According to the filed complaint, Plug 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. As a result, defendant\u2019s statements about the Company\u2019s business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis.<\/p>\n<p>\n        <strong>WHAT THIS MEANS TO SHAREHOLDERS:<\/strong>\u00a0If you suffered a loss in Plug during the relevant timeframe, you have until\u00a0<strong>June 12, 2023<\/strong>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <strong>NO COST TO YOU:<\/strong>\u00a0If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees.\u00a0Discuss your rights with our legal team without cost or obligation.<\/p>\n<p>\n        <strong>PROTECT YOUR FINANCIAL INTERESTS:<\/strong>\u00a0Complete this brief submission form <a href=\"https:\/\/zlk.com\/pslra-1\/plug-power-inc-lawsuit-submission-form?wire=3\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/zlk.com\/pslra-1\/plug-power-inc-lawsuit-submission-form?wire=3<\/a> or call 212-363-7500 to discuss the case.<\/p>\n<p>\n        <strong>WHY LEVI &amp; KORSINSKY:<\/strong>\u00a0Over the past 20 years, the team at Levi &amp;\u00a0Korsinsky\u00a0has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp;\u00a0Korsinsky\u00a0has ranked in ISS Securities Class Action Services&#8217; Top 50 Report as one of the top securities litigation firms in the United States.<\/p>\n<p>\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP<br \/>Joseph E. Levi, Esq.<br \/>Ed Korsinsky, Esq.<br \/>55 Broadway, 4th Floor Suite #427<br \/>New York, NY 10006<br \/><a href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow noopener\" target=\"_blank\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/><a href=\"http:\/\/www.zlk.com\" rel=\"nofollow noopener\" target=\"_blank\">www.zlk.com<\/a>\u00a0<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyNDI2NiM1NTUzNzc2IzIwMjA0MjY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/OTA0MTJlNjUtY2ZkNi00OGM5LTgxY2MtMmIxNmZiMjdiMzEwLTEwMzIyOTM=\/tiny\/Levi-Korsinsky-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, April 24, 2023 (GLOBE NEWSWIRE) &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in\u00a0Plug Power Inc.\u00a0(&#8220;Plug&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: PLUG) of a class action securities lawsuit. The lawsuit on behalf of Plug investors has been commenced in the United States District Court for the District of Delaware. Affected investors purchased or otherwise acquired certain Plug Power Inc. securities\u00a0between August 9, 2022 and March 1, 2023. Follow the link below to get more information and be contacted by a member of our\u00a0team: https:\/\/zlk.com\/pslra-1\/plug-power-inc-lawsuit-submission-form?wire=3 or contact Joseph E. Levi, Esq. either via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500.\u00a0There is no cost or obligation to you. Plug Power Inc. NEWS &#8211; PLUG NEWS CASE DETAILS:\u00a0According to the filed complaint, Plug was unable &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/plug-lawsuit-alert-levi-korsinsky-reminds-plug-power-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PLUG\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Reminds Plug Power Inc. Investors of a Class Action Lawsuit and Upcoming Deadline&#8221;<\/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-750408","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PLUG\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Reminds Plug Power Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - 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\/plug-lawsuit-alert-levi-korsinsky-reminds-plug-power-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PLUG\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Reminds Plug Power Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, April 24, 2023 (GLOBE NEWSWIRE) &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in\u00a0Plug Power Inc.\u00a0(&#8220;Plug&#8221; or the &#8220;Company&#8221;)\u00a0(NASDAQ: PLUG) of a class action securities lawsuit. The lawsuit on behalf of Plug investors has been commenced in the United States District Court for the District of Delaware. Affected investors purchased or otherwise acquired certain Plug Power Inc. securities\u00a0between August 9, 2022 and March 1, 2023. Follow the link below to get more information and be contacted by a member of our\u00a0team: https:\/\/zlk.com\/pslra-1\/plug-power-inc-lawsuit-submission-form?wire=3 or contact Joseph E. Levi, Esq. either via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500.\u00a0There is no cost or obligation to you. Plug Power Inc. NEWS &#8211; PLUG NEWS CASE DETAILS:\u00a0According to the filed complaint, Plug was unable &hellip; Continue reading &quot;PLUG\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Reminds Plug Power Inc. Investors of a Class Action Lawsuit and Upcoming Deadline&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/plug-lawsuit-alert-levi-korsinsky-reminds-plug-power-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-24T18:54:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyNDI2NiM1NTUzNzc2IzIwMjA0MjY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/plug-lawsuit-alert-levi-korsinsky-reminds-plug-power-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/plug-lawsuit-alert-levi-korsinsky-reminds-plug-power-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"PLUG\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Reminds Plug Power Inc. 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The lawsuit on behalf of Plug investors has been commenced in the United States District Court for the District of Delaware. Affected investors purchased or otherwise acquired certain Plug Power Inc. securities\u00a0between August 9, 2022 and March 1, 2023. Follow the link below to get more information and be contacted by a member of our\u00a0team: https:\/\/zlk.com\/pslra-1\/plug-power-inc-lawsuit-submission-form?wire=3 or contact Joseph E. Levi, Esq. either via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500.\u00a0There is no cost or obligation to you. Plug Power Inc. NEWS &#8211; PLUG NEWS CASE DETAILS:\u00a0According to the filed complaint, Plug was unable &hellip; Continue reading \"PLUG\u00a0LAWSUIT ALERT: Levi &amp;\u00a0Korsinsky Reminds Plug Power Inc. 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