NasdaqCM:PLUGElectrical
Should Class Action Over DOE Loan Disclosures Require Action From Plug Power (PLUG) Investors?
Pomerantz LLP recently announced that a class action lawsuit was filed against Plug Power in the U.S. District Court for the Northern District of New York, alleging that the company and certain officers misled investors about access to a US$1.66 billion Department of Energy loan guarantee and related hydrogen plant projects during 2025.
The case centers on whether Plug Power’s public statements about its U.S. hydrogen production build-out and the conditions tied to the federal loan aligned...
