ROSEN, LEADING TRIAL ATTORNEYS, Encourages Plug Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PLUG

NEW YORK, May 25, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Plug Power Inc. (NASDAQ: PLUG) between August 9, 2022 and March 1, 2023, both dates inclusive (the “Class Period”) of the important June 12, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Plug Power common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 12, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: The lawsuit alleges that, throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about Plug’s business and operations. Specifically, defendants misrepresented and/or failed to disclose that Plug was unable to effectively manage its supply chain and product manufacturing, resulting in reduced revenues and margins, increased inventory levels, and several large deals being delayed until at least 2023, among other issues. As a result, defendants’ statements about Plug Power’s business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

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Firdous Ashiq quits PTI following May 9 incidents

Dr Firdous Ashiq Awan has announced quitting PTI following the May 9 vandalism and violent protests across the country.

Addressing a press conference in Islamabad on Friday, she said PTI promoted the politics of hatred in the country. She strongly condemned the incidents of violence on 9th May.

Meanwhile, PTI leader and former Punjab Minister Murad Ras along with his companions have also announced parting ways with PTI Chairman Imran Khan and the party.

Addressing a joint news conference in Lahore on Friday, they strongly condemned 9th May’s incidents and said such shameful events should not take place in any case.

On the other hand, PTI leaders from Okara Irshad Kathia, from Sahiwal Azmat Saeed Chishti and from Lodhran Tahir Amin Ghauri also announced to quit the party in separate news conferences.

Senator Saifullah Khan Niazi, while addressing a news conference in Islamabad, also announced to quit Pakistan Tehreek-e-Insaf.

He condemned incidents of 9th May.

Another PTI leader Abrar-ul-Haq has also left the party and announced to focus on social activities only.

Source: Radio Pakistan

Info Minister expresses deep grief over demise of journalist Ashraf Mumtaz

Minister for Information and Broadcasting Marriyum Aurangzeb has expressed deep grief and sorrow over the sad demise of senior journalist Ashraf Mumtaz.

In a statement today, she said services of Ashraf Mumtaz will always be remembered in the field of journalism.

The Minister prayed for the departed soul and commiserated with the bereaved family.

Source: Radio Pakistan

Caretaker CM Punjab, Commandant Pak Navy condemn attacks on military installations

Commandant Pakistan Navy War College Rear Admiral Javed Iqbal called on Caretaker Chief Minister Punjab Mohsin Naqvi in Lahore on Friday.

Matters of mutual interest and professional issues of the Pakistan Navy came under discussion during the meeting.

During the meeting, attacks on military installations and martyrs’ memorials on May 9 were condemned.

Caretaker Chief Minister appreciated the professionalism of the officers and personnel of Pakistan Navy.

Source: Radio Pakistan