A securities class action lawsuit has been filed against Plug Power and certain officers, alleging violations of federal securities laws. The proposed class covers investors who purchased or acquired Plug Power securities between Jan. 17, 2025 and Nov. 13, 2025. The complaint alleges the company overstated the likelihood that funding tied to a DOE loan would become available and that it would build hydrogen production facilities needed to receive it. It also alleges Plug Power was likely to shift toward smaller projects with less commercial upside, making prior public statements materially misleading. Investors have until April 3, 2026 to seek appointment as lead plaintiff.

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: 202603181300PRIMZONEFULLFEED9674567) on March 18, 2026, and is solely responsible for the information contained therein.