PLUG LAWSUIT FILED: Jakubowitz Law Pursues Claims on Behalf of Plug Power Inc. Shareholders

New York, New York--(Newsfile Corp. - April 28, 2021) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders Plug Power Inc. (NASDAQ: PLUG).

CLICK HERE FOR MORE DETAILS:

https://claimyourloss.com/securities/plug-power-inc-loss-submission-form/?id=15251&from=5

Affected shareholders purchased shares of PLUG between November 9, 2020 and March 1, 2021

Shareholders interested in representing the class of wronged shareholders have until May 7, 2021 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

According to a filed complaint, Plug Power Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company would be unable to timely file its 2020 annual report due to delays related to the review of classification of certain costs and the recoverability of the right to use assets with certain leases; (2) the Company was reasonably likely to report material weaknesses in its internal control over financial reporting; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/82120