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Plug Power Inc (NASDAQ:PLUG) Investor Investigation Over Potential Securities Laws Violations Announced

  • If you purchased shares of Plug Power Inc (NASDAQ:PLUG), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Plug Power Inc
Security
NASDAQ: PLUG

Summary

September 1, 2017 (Shareholders Foundation) - An investigation was announced for investors in shares of Plug Power Inc concerning possible breaches of fiduciary duties by certain officers and directors at Plug Power Inc.

The investigation by a law firm concerns whether certain Plug Power directors breached their fiduciary duties and caused damage to the company and its shareholders.
Latham, NY based Plug Power Inc. is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market.

Plug Power Inc reported that its annual Total Revenue declined from $103.29 million in 2015 to $85.93 million in 2016 and that its Net Loss increased from $55.69 million in 2015 to $57.49 million in 2016.

Shares of Plug Power Inc (NASDAQ:PLUG) declined in February 2017 to as low as $0.94 per share.

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