Class Action Lawsuit Announced for Plug Power Investors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Should l Buy PLUG?
Source: Globenewswire
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of Plug Power Inc. investors for securities purchased between January 17 and November 13, 2025, indicating potential investor losses.
- Compensation Structure: Investors participating in the lawsuit may receive compensation without any out-of-pocket costs, demonstrating the law firm's commitment to protecting investor rights.
- Allegations of Misrepresentation: The lawsuit alleges that Plug Power made false and misleading statements during the class period, which may have led to investor losses when the truth emerged, highlighting potential governance risks within the company.
- Law Firm Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its expertise and influence in such cases.
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Analyst Views on PLUG
Wall Street analysts forecast PLUG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PLUG is 2.46 USD with a low forecast of 0.75 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
4 Buy
8 Hold
3 Sell
Hold
Current: 2.050
Low
0.75
Averages
2.46
High
7.00
Current: 2.050
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 Completes First Hydrogen Fill for Rotterdam Pipeline
- Hydrogen Infrastructure Progress: Plug Power has completed the first hydrogen fill for a 32-kilometer pipeline in Rotterdam, marking a significant advancement in European hydrogen infrastructure and enabling large-scale clean hydrogen transport, which is crucial for regional energy transition.
- Enhanced Transport Capacity: The project supplied 32 tons of RFNBO-certified renewable green hydrogen, utilizing Plug's fleet of 40-ft MEGC trailers, each capable of transporting over 1,000 kg of compressed hydrogen, significantly improving the reliability of the hydrogen supply chain.
- Successful Case Reference: Plug Power's previous success in delivering 44 tons of hydrogen to Germany's H2CAST project showcases its strong capabilities in hydrogen delivery, further solidifying its key role in the hydrogen economy.
- Strategic Partnerships and Expansion: Plug Power's strategic partnerships and engineering solutions ensure a reliable supply chain for hydrogen distribution, and as the company expands its network in Rotterdam and across Europe, its role in supporting industrial decarbonization and energy security becomes increasingly vital.
See More
Class Action Lawsuit Announced for Plug Power Investors
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of Plug Power Inc. investors for securities purchased between January 17 and November 13, 2025, indicating potential investor losses.
- Compensation Structure: Investors participating in the lawsuit may receive compensation without any out-of-pocket costs, demonstrating the law firm's commitment to protecting investor rights.
- Allegations of Misrepresentation: The lawsuit alleges that Plug Power made false and misleading statements during the class period, which may have led to investor losses when the truth emerged, highlighting potential governance risks within the company.
- Law Firm Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its expertise and influence in such cases.
See More
Plug Power Investors Class Action Notice Issued
- Class Action Notice: The Portnoy Law Firm has advised Plug Power investors of a class action for those who purchased securities between January 17, 2025, and November 13, 2025, with a deadline of April 3, 2026, to file a lead plaintiff motion to protect their legal rights.
- False Statement Allegations: The lawsuit alleges that defendants made false and/or misleading statements during the class period, failing to disclose that the likelihood of funds from the U.S. Department of Energy's Loan being available to Plug Power was materially overstated, resulting in investor losses when the truth emerged.
- Project Pivot Risks: The lawsuit indicates that Plug Power may pivot towards more modest projects with less commercial upside, which could adversely affect the company's long-term growth prospects and market confidence.
- Legal Support and Compensation: The Portnoy Law Firm offers complimentary case evaluations to assist investors in pursuing claims for losses due to corporate wrongdoing, with the founding partner having recovered over $5.5 billion for aggrieved investors.
See More
Plug Power Faces Class Action Lawsuit Over Securities
- Class Action Filed: Kirby McInerney LLP has initiated a class action lawsuit against Plug Power for securities acquired between January 17 and November 13, 2025, with investors needing to apply for lead plaintiff status by April 3, 2026, to safeguard their rights.
- Executive Changes Impact: On October 7, 2025, Plug Power announced the resignations of CEO Andrew Marsh and President Sanjay Shrestha, resulting in a 6.3% drop in share price from $4.13 to $3.87, indicating market sensitivity to leadership changes.
- Financing Agreement Alteration: The company entered into an agreement with an institutional investor for the immediate exercise of outstanding warrants, expected to yield approximately $370 million, but the stock fell 5.4% due to dissatisfaction over the funds' intended use, diverging from earlier capital expenditure plans.
- Project Suspension Risks: On November 13, 2025, Plug Power confirmed the suspension of plans to construct six hydrogen production facilities, jeopardizing a $1.66 billion DOE loan, leading to a 17.6% decline in share price, reflecting investor concerns about the company's future trajectory.
See More
Plug Power Shareholder Files Class Action Lawsuit
- Class Action Initiated: A shareholder has filed a class action lawsuit against Plug Power Inc. on February 5, 2026, representing investors who purchased securities between January 17 and November 13, 2025, indicating significant concerns regarding the company's financial transparency.
- Lawsuit Allegations: The lawsuit alleges that defendants made misrepresentations concerning a loan from the Department of Energy (DOE) and Plug Power's ability to construct necessary hydrogen production facilities, which could undermine investor confidence and negatively impact stock performance.
- Legal Procedure Details: Investors wishing to serve as lead plaintiffs must file papers by April 3, 2026, highlighting the urgency of the lawsuit and its potential implications for investor rights and recovery.
- Law Firm Background: Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993, showcasing its extensive experience and success in class action litigation, which may bolster investor confidence in the lawsuit's outcome.
See More
Plug Power Under Investigation for Possible Securities Law Violations
- Executive Changes Impact: On October 7, 2025, Plug Power announced the resignation of its CEO and President, resulting in a 6.3% drop in stock price to $3.87 per share, causing significant losses for investors.
- Monetization Strategy: On November 10, 2025, Plug Power revealed a nonbinding letter of intent to monetize its electricity rights in New York with a major U.S. data center developer, leading to a 3.4% decline in stock price to $2.53 per share, indicating market concerns over the company's strategic direction.
- Project Suspension Risks: On November 13, 2025, The Washington Examiner reported that Plug Power confirmed the suspension of plans to construct six low-carbon hydrogen facilities, potentially jeopardizing a $1.66 billion DOE loan secured in January, which caused a 17.6% stock price drop over two days to $2.25 per share, exacerbating investor losses.
- Legal Consultation Opportunity: The Law Offices of Howard G. Smith are offering legal consultations for Plug Power investors, encouraging affected investors to reach out for potential claims to recover losses, highlighting the importance of legal action as a means of investor protection.
See More
Plug Power Completes First Hydrogen Fill for Rotterdam Pipeline
- Hydrogen Infrastructure Progress: Plug Power has completed the first hydrogen fill for a 32-kilometer pipeline in Rotterdam, marking a significant advancement in European hydrogen infrastructure and enabling large-scale clean hydrogen transport, which is crucial for regional energy transition.
- Enhanced Transport Capacity: The project supplied 32 tons of RFNBO-certified renewable green hydrogen, utilizing Plug's fleet of 40-ft MEGC trailers, each capable of transporting over 1,000 kg of compressed hydrogen, significantly improving the reliability of the hydrogen supply chain.
- Successful Case Reference: Plug Power's previous success in delivering 44 tons of hydrogen to Germany's H2CAST project showcases its strong capabilities in hydrogen delivery, further solidifying its key role in the hydrogen economy.
- Strategic Partnerships and Expansion: Plug Power's strategic partnerships and engineering solutions ensure a reliable supply chain for hydrogen distribution, and as the company expands its network in Rotterdam and across Europe, its role in supporting industrial decarbonization and energy security becomes increasingly vital.
See More
Class Action Lawsuit Announced for Plug Power Investors
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of Plug Power Inc. investors for securities purchased between January 17 and November 13, 2025, indicating potential investor losses.
- Compensation Structure: Investors participating in the lawsuit may receive compensation without any out-of-pocket costs, demonstrating the law firm's commitment to protecting investor rights.
- Allegations of Misrepresentation: The lawsuit alleges that Plug Power made false and misleading statements during the class period, which may have led to investor losses when the truth emerged, highlighting potential governance risks within the company.
- Law Firm Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its expertise and influence in such cases.
See More
Plug Power Investors Class Action Notice Issued
- Class Action Notice: The Portnoy Law Firm has advised Plug Power investors of a class action for those who purchased securities between January 17, 2025, and November 13, 2025, with a deadline of April 3, 2026, to file a lead plaintiff motion to protect their legal rights.
- False Statement Allegations: The lawsuit alleges that defendants made false and/or misleading statements during the class period, failing to disclose that the likelihood of funds from the U.S. Department of Energy's Loan being available to Plug Power was materially overstated, resulting in investor losses when the truth emerged.
- Project Pivot Risks: The lawsuit indicates that Plug Power may pivot towards more modest projects with less commercial upside, which could adversely affect the company's long-term growth prospects and market confidence.
- Legal Support and Compensation: The Portnoy Law Firm offers complimentary case evaluations to assist investors in pursuing claims for losses due to corporate wrongdoing, with the founding partner having recovered over $5.5 billion for aggrieved investors.
See More
Plug Power Faces Class Action Lawsuit Over Securities
- Class Action Filed: Kirby McInerney LLP has initiated a class action lawsuit against Plug Power for securities acquired between January 17 and November 13, 2025, with investors needing to apply for lead plaintiff status by April 3, 2026, to safeguard their rights.
- Executive Changes Impact: On October 7, 2025, Plug Power announced the resignations of CEO Andrew Marsh and President Sanjay Shrestha, resulting in a 6.3% drop in share price from $4.13 to $3.87, indicating market sensitivity to leadership changes.
- Financing Agreement Alteration: The company entered into an agreement with an institutional investor for the immediate exercise of outstanding warrants, expected to yield approximately $370 million, but the stock fell 5.4% due to dissatisfaction over the funds' intended use, diverging from earlier capital expenditure plans.
- Project Suspension Risks: On November 13, 2025, Plug Power confirmed the suspension of plans to construct six hydrogen production facilities, jeopardizing a $1.66 billion DOE loan, leading to a 17.6% decline in share price, reflecting investor concerns about the company's future trajectory.
See More
Plug Power Shareholder Files Class Action Lawsuit
- Class Action Initiated: A shareholder has filed a class action lawsuit against Plug Power Inc. on February 5, 2026, representing investors who purchased securities between January 17 and November 13, 2025, indicating significant concerns regarding the company's financial transparency.
- Lawsuit Allegations: The lawsuit alleges that defendants made misrepresentations concerning a loan from the Department of Energy (DOE) and Plug Power's ability to construct necessary hydrogen production facilities, which could undermine investor confidence and negatively impact stock performance.
- Legal Procedure Details: Investors wishing to serve as lead plaintiffs must file papers by April 3, 2026, highlighting the urgency of the lawsuit and its potential implications for investor rights and recovery.
- Law Firm Background: Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993, showcasing its extensive experience and success in class action litigation, which may bolster investor confidence in the lawsuit's outcome.
See More
Plug Power Under Investigation for Possible Securities Law Violations
- Executive Changes Impact: On October 7, 2025, Plug Power announced the resignation of its CEO and President, resulting in a 6.3% drop in stock price to $3.87 per share, causing significant losses for investors.
- Monetization Strategy: On November 10, 2025, Plug Power revealed a nonbinding letter of intent to monetize its electricity rights in New York with a major U.S. data center developer, leading to a 3.4% decline in stock price to $2.53 per share, indicating market concerns over the company's strategic direction.
- Project Suspension Risks: On November 13, 2025, The Washington Examiner reported that Plug Power confirmed the suspension of plans to construct six low-carbon hydrogen facilities, potentially jeopardizing a $1.66 billion DOE loan secured in January, which caused a 17.6% stock price drop over two days to $2.25 per share, exacerbating investor losses.
- Legal Consultation Opportunity: The Law Offices of Howard G. Smith are offering legal consultations for Plug Power investors, encouraging affected investors to reach out for potential claims to recover losses, highlighting the importance of legal action as a means of investor protection.
See More
