A securities class action lawsuit has been filed against Plug Power Inc. and certain senior executives, alleging securities fraud tied to statements about a $1.66 billion U.S. Department of Energy loan guarantee for hydrogen projects. The complaint claims the company overstated the likelihood that the DOE funds would become available and that it would build the facilities needed to access them, after subsequent disclosures about leadership departures and suspending DOE loan program activities contributed to sharp share-price declines. Investors have until April 3, 2026 to seek appointment as lead plaintiff in the case pending in federal court in New York.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plug Power Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602190638PRIMZONEFULLFEED9657007) on February 19, 2026, and is solely responsible for the information contained therein.