investors can Contact the law firm for free to learn more about recovering their losses
LOS ANGELES, April 14, 2023 (GLOBE NEWSWIRE) — The law firm of Portnoy advises Plug Power Inc. (“Plug”) (NASDAQ: PLUG) Investors who have filed a lawsuit on behalf of investors who have purchased Plug securities in between August 9, 2022 and March 1, 2023(the “Class Period”).
Investors are encouraged to contact an attorney Lesley F Portnoyby phone 844-767-8529 or E-mail: lesley@portnoylaw.comto discuss your legal rights, or Click here to join the case about www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss investors’ options for making claims to recover their losses.
The complaint alleges that Plug and its officers made false and/or misleading statements and failed to disclose material adverse facts about the Company’s business and operations. Defendants allegedly misrepresented and/or failed to disclose that Plug was experiencing difficulties effectively managing its supply chain and product manufacturing, resulting in reduced revenue and margins, increased inventories and delayed closings. These issues were not disclosed to investors, and as a result, defendants’ statements about the company’s business, operations, prospects and ability to manage its supply chain were unfounded. The decline in Plug’s share price following these disclosures suggests that investors were misled by the statements made by the defendants.
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Portnoy Law Firm represents investors in asserting claims against companies caused by wrongdoing. The firm’s founding partner has recovered over $5.5 billion for aggrieved investors. attorney advertising. Previous results do not guarantee similar results.
Lesley F. Portnoy, Esq.
Bar Association in CA and NY
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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