Notice of Class Action Lawsuit Against Plug Power Securities
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy PLUG?
Source: Globenewswire
- Class Action Notice: Rosen Law Firm reminds investors who purchased Plug Power securities between January 17 and November 13, 2025, to apply as lead plaintiffs by April 3, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Plug Power made false and misleading statements during the class period, overstating the availability of funds from the U.S. Department of Energy, which led to investor losses when the truth emerged.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked No. 1 by ISS Securities Class Action Services in 2017, highlighting its strong track record and expertise in this field.
- Investor Guidance: Investors are advised to carefully select qualified counsel with proven success in litigation to avoid partnering with firms that lack actual litigation capabilities, ensuring they receive the best representation and support in the class action.
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Analyst Views on PLUG
Wall Street analysts forecast PLUG stock price to rise
15 Analyst Rating
4 Buy
8 Hold
3 Sell
Hold
Current: 1.890
Low
0.75
Averages
2.46
High
7.00
Current: 1.890
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.
Notice of Class Action Lawsuit Against Plug Power Securities
- Class Action Notice: Rosen Law Firm reminds investors who purchased Plug Power securities between January 17 and November 13, 2025, to apply as lead plaintiffs by April 3, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Plug Power made false and misleading statements during the class period, overstating the availability of funds from the U.S. Department of Energy, which led to investor losses when the truth emerged.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked No. 1 by ISS Securities Class Action Services in 2017, highlighting its strong track record and expertise in this field.
- Investor Guidance: Investors are advised to carefully select qualified counsel with proven success in litigation to avoid partnering with firms that lack actual litigation capabilities, ensuring they receive the best representation and support in the class action.
See More
Analysis of Bearish Pressure on Plug Power Stock
- Shareholder Vote Increases Shares: At a special meeting on February 12, investors voted to raise Plug Power's authorized common shares from 1.5 billion to 3.0 billion, providing the company with more room to issue equity without needing another vote, thereby enhancing its financing flexibility.
- Enhanced Financing Capability: The increased equity cushion allows Plug Power to refinance debt, fund hydrogen plants and infrastructure, and support large industrial and data center customers, although this also raises the risk of shareholder dilution.
- Weak Stock Performance: Plug Power's current stock price is $1.84, which is 9.8% below its 20-day simple moving average and 4.1% below its 100-day simple moving average, indicating a weak short-term trend and positioning the stock closer to its 52-week lows.
- Technical Indicators Show Pressure: The relative strength index (RSI) is at 44.45, indicating neutral territory, while the MACD is below its signal line, suggesting bearish pressure on the stock, prompting investors to exercise caution in the current environment.
See More
Plug Power Faces Class Action Lawsuit Impacting Stock Price
- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Plug Power and certain executives in the Northern District of New York, representing investors who purchased securities between January 17 and November 13, 2025, seeking damages for violations of federal securities laws, highlighting significant investor concerns regarding the company's compliance.
- Executive Departures Impact: The announcement of CEO Andrew Marsh and President Sanjay Shrestha stepping down led to a 6.29% drop in Plug Power's stock price to $3.87 per share, indicating potential negative implications for the company's future performance due to abrupt leadership changes.
- Deteriorating Financial Outlook: In its Q3 2025 financial report, Plug Power projected over $275 million in liquidity but simultaneously announced a suspension of its DOE loan program, marking a significant strategic pivot that could affect its long-term growth potential.
- Project Construction Risks: Plug Power confirmed the suspension of plans to construct six low-carbon hydrogen production facilities, jeopardizing the $1.66 billion DOE loan, which resulted in a 17.58% decline in stock price to $2.25 per share in subsequent trading, reflecting market pessimism about the company's future prospects.
See More
Reminder for Plug Power Investors on Class Action Deadline
- Executive Changes Impact: On October 7, 2025, Plug Power announced the resignation of its CEO and President, resulting in a stock price drop of $0.26, or 6.3%, closing at $3.87 per share, thereby inflicting losses on investors.
- Partnership Plan Setback: On November 10, 2025, Plug Power revealed a nonbinding letter of intent with a major U.S. data center developer to monetize its electricity rights in New York, causing the stock to fall by $0.09, or 3.4%, to $2.53 per share, indicating strategic uncertainty for the company.
- Project Suspension Risks: On November 13, 2025, Plug Power confirmed the suspension of plans to construct six low-carbon hydrogen production facilities, potentially jeopardizing a $1.66 billion DOE loan, leading to a stock price decline of $0.48, or 17.6%, over two days to $2.25 per share, further exacerbating investor losses.
- Lawsuit Allegations Overview: The class action lawsuit alleges that throughout the class period, Plug Power failed to disclose significant adverse facts regarding its business and prospects, leading investors to have unrealistic positive expectations about the company's future, which may now pivot towards more conservative projects.
See More
Plug Power Faces Class Action Lawsuit Reminder
- Class Action Notice: 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 and November 13, 2025.
- False Statement Allegations: The complaint alleges that Plug Power misled the market regarding its ability to build hydrogen production facilities, indicating a likely pivot to smaller projects with limited commercial potential, thus misleading investors throughout the class period.
- Loss Recovery Opportunity: Investors are encouraged to contact the Schall Law Firm before April 3, 2026, to participate in the lawsuit and seek compensation, highlighting significant deficiencies in the company's disclosures that led to investor losses.
- Law Firm Expertise: The Schall Law Firm specializes in securities class action lawsuits and shareholder rights litigation, representing investors globally and emphasizing its expertise and experience in such cases.
See More
February's Most Shorted Stocks Analysis
- Most Shorted Stocks: As of mid-February, Intuitive Machines (LUNR) entered the top five most shorted stocks with a short interest of 22.88%, indicating market concerns about its future performance, which could impact its financing capabilities and stock price stability.
- Short Interest Rankings: Sunrun (RUN) has a short interest of 24.13%, Avis Budget Group (CAR) at 24.15%, Eos Energy Enterprises (EOSE) at 24.68%, and Plug Power (PLUG) at 24.78%, suggesting a bearish outlook from investors that may lead to increased stock price volatility.
- Least Shorted Stocks: Grupo Aeroméxico (AERO) has a short interest of only 0.71%, while RTX Corporation (RTX) stands at 0.72%, reflecting market confidence in these companies, which may attract more investor interest in their growth potential.
- Industry Trends: In the utilities sector, HE and OTTR show the highest short interest, while BIP and ES have the lowest, highlighting the varying risk assessments of different companies in the market, which could influence investors' asset allocation strategies.
See More
Notice of Class Action Lawsuit Against Plug Power Securities
- Class Action Notice: Rosen Law Firm reminds investors who purchased Plug Power securities between January 17 and November 13, 2025, to apply as lead plaintiffs by April 3, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Plug Power made false and misleading statements during the class period, overstating the availability of funds from the U.S. Department of Energy, which led to investor losses when the truth emerged.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked No. 1 by ISS Securities Class Action Services in 2017, highlighting its strong track record and expertise in this field.
- Investor Guidance: Investors are advised to carefully select qualified counsel with proven success in litigation to avoid partnering with firms that lack actual litigation capabilities, ensuring they receive the best representation and support in the class action.
See More
Analysis of Bearish Pressure on Plug Power Stock
- Shareholder Vote Increases Shares: At a special meeting on February 12, investors voted to raise Plug Power's authorized common shares from 1.5 billion to 3.0 billion, providing the company with more room to issue equity without needing another vote, thereby enhancing its financing flexibility.
- Enhanced Financing Capability: The increased equity cushion allows Plug Power to refinance debt, fund hydrogen plants and infrastructure, and support large industrial and data center customers, although this also raises the risk of shareholder dilution.
- Weak Stock Performance: Plug Power's current stock price is $1.84, which is 9.8% below its 20-day simple moving average and 4.1% below its 100-day simple moving average, indicating a weak short-term trend and positioning the stock closer to its 52-week lows.
- Technical Indicators Show Pressure: The relative strength index (RSI) is at 44.45, indicating neutral territory, while the MACD is below its signal line, suggesting bearish pressure on the stock, prompting investors to exercise caution in the current environment.
See More
Plug Power Faces Class Action Lawsuit Impacting Stock Price
- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Plug Power and certain executives in the Northern District of New York, representing investors who purchased securities between January 17 and November 13, 2025, seeking damages for violations of federal securities laws, highlighting significant investor concerns regarding the company's compliance.
- Executive Departures Impact: The announcement of CEO Andrew Marsh and President Sanjay Shrestha stepping down led to a 6.29% drop in Plug Power's stock price to $3.87 per share, indicating potential negative implications for the company's future performance due to abrupt leadership changes.
- Deteriorating Financial Outlook: In its Q3 2025 financial report, Plug Power projected over $275 million in liquidity but simultaneously announced a suspension of its DOE loan program, marking a significant strategic pivot that could affect its long-term growth potential.
- Project Construction Risks: Plug Power confirmed the suspension of plans to construct six low-carbon hydrogen production facilities, jeopardizing the $1.66 billion DOE loan, which resulted in a 17.58% decline in stock price to $2.25 per share in subsequent trading, reflecting market pessimism about the company's future prospects.
See More
Reminder for Plug Power Investors on Class Action Deadline
- Executive Changes Impact: On October 7, 2025, Plug Power announced the resignation of its CEO and President, resulting in a stock price drop of $0.26, or 6.3%, closing at $3.87 per share, thereby inflicting losses on investors.
- Partnership Plan Setback: On November 10, 2025, Plug Power revealed a nonbinding letter of intent with a major U.S. data center developer to monetize its electricity rights in New York, causing the stock to fall by $0.09, or 3.4%, to $2.53 per share, indicating strategic uncertainty for the company.
- Project Suspension Risks: On November 13, 2025, Plug Power confirmed the suspension of plans to construct six low-carbon hydrogen production facilities, potentially jeopardizing a $1.66 billion DOE loan, leading to a stock price decline of $0.48, or 17.6%, over two days to $2.25 per share, further exacerbating investor losses.
- Lawsuit Allegations Overview: The class action lawsuit alleges that throughout the class period, Plug Power failed to disclose significant adverse facts regarding its business and prospects, leading investors to have unrealistic positive expectations about the company's future, which may now pivot towards more conservative projects.
See More
Plug Power Faces Class Action Lawsuit Reminder
- Class Action Notice: 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 and November 13, 2025.
- False Statement Allegations: The complaint alleges that Plug Power misled the market regarding its ability to build hydrogen production facilities, indicating a likely pivot to smaller projects with limited commercial potential, thus misleading investors throughout the class period.
- Loss Recovery Opportunity: Investors are encouraged to contact the Schall Law Firm before April 3, 2026, to participate in the lawsuit and seek compensation, highlighting significant deficiencies in the company's disclosures that led to investor losses.
- Law Firm Expertise: The Schall Law Firm specializes in securities class action lawsuits and shareholder rights litigation, representing investors globally and emphasizing its expertise and experience in such cases.
See More
February's Most Shorted Stocks Analysis
- Most Shorted Stocks: As of mid-February, Intuitive Machines (LUNR) entered the top five most shorted stocks with a short interest of 22.88%, indicating market concerns about its future performance, which could impact its financing capabilities and stock price stability.
- Short Interest Rankings: Sunrun (RUN) has a short interest of 24.13%, Avis Budget Group (CAR) at 24.15%, Eos Energy Enterprises (EOSE) at 24.68%, and Plug Power (PLUG) at 24.78%, suggesting a bearish outlook from investors that may lead to increased stock price volatility.
- Least Shorted Stocks: Grupo Aeroméxico (AERO) has a short interest of only 0.71%, while RTX Corporation (RTX) stands at 0.72%, reflecting market confidence in these companies, which may attract more investor interest in their growth potential.
- Industry Trends: In the utilities sector, HE and OTTR show the highest short interest, while BIP and ES have the lowest, highlighting the varying risk assessments of different companies in the market, which could influence investors' asset allocation strategies.
See More
