An investigation on behalf of investors in Plug Power Inc (NASDAQ:PLUG) shares over potential wrongdoing at Plug Power Inc was announced and NASDAQ:PLUG stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 09/01/2017 -- 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.
Investors who purchased shares of Plug Power Inc (NASDAQ:PLUG) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
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.
On August 31, 2017, NASDAQ:PLUG shares closed on August 31, 2017 at $2.14 per share.
Those who purchased shares of Plug Power Inc have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com