Legal Opinion
In Re Plug Power Inc. Securities Litigation
District Court, D. Delaware
Decided February 4, 2025No. 1:23-cv-00409Unknown
1Opinion
IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE ) ) ) In re PLUG POWER INC. SECURITIES ) Case No. 23-409-JLH LITIGATION ) ) MEMORANDUM ORDER This is a securities fraud class action. Plaintiffs allege that Defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”). The operative pleading is the Amended Class Action Complaint filed on September 28, 2023. (D.I. 45.) Pending before the Court is Defendants’ Motion to Dismiss and Strike. (D.I. 56.) For the reasons summarized below, the motion is GRANTED-IN-PART and DENIED-IN-PART. 1.…
2Cases cited6 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- In Re Hertz Global Holdings Inc.Court of Appeals for the Third Circuit · 2018
- OFI Asset Management v. Cooper Tire & RubberCourt of Appeals for the Third Circuit · 2016
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