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INVESTOR ALERT Law Offices of Howard G. Smith Announces Investigation of Plug Power, Inc. (PLUG) on Behalf of Investors

Nachrichtenquelle: Business Wire (engl.)
05.03.2021, 22:00  |  674   |   |   

Law Offices of Howard G. Smith announces an investigation on behalf of Plug Power, Inc. (“Plug” or the “Company”) (NASDAQ: PLUG) investors concerning the Company’s possible violations of federal securities laws.

On March 2, 2021, Plug filed a Notification of Late Filing with the SEC stating that it could not timely file its annual report for the period ended December 31, 2020 because the Company was completing a “review and assessment of the treatment of certain costs with regards to classification between Research and Development versus Costs of Goods Sold, the recoverability of right of use assets associated with certain leases, and certain internal controls over these and other areas.” The Company stated that “[i]t is possible that one or more of these items may result in charges or adjustments to current and/or prior period financial statements.”

On this news, the Company’s stock price fell $3.68, or 7%, to close at $48.78 per share on March 2, 2021, thereby injuring investors.

If you purchased Plug securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Plug Power Aktie jetzt über den Testsieger (Finanztest 11/2020) handeln, ab 0 € auf Smartbroker.de



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INVESTOR ALERT Law Offices of Howard G. Smith Announces Investigation of Plug Power, Inc. (PLUG) on Behalf of Investors Law Offices of Howard G. Smith announces an investigation on behalf of Plug Power, Inc. (“Plug” or the “Company”) (NASDAQ: PLUG) investors concerning the Company’s possible violations of federal securities laws. On March 2, 2021, Plug filed a …

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