NEW YORK, NY / ACCESSWIRE / May 19, 2023 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.
Plug Power Inc. (NASDAQ:PLUG)
Investors Affected : August 9, 2022 - March 1, 2023
A class action has commenced on behalf of certain shareholders in Plug Power Inc. According to the filed complaint, 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, defendant's statements about the Company's business, operations, prospects, and ability to effectively manage its supply chain and production lacked a reasonable basis.
Shareholders may find more information at https://securitiesclasslaw.com/securities/plug-power-inc-loss-submission-form-2/?id=39702&from=1
Trinseo PLC (NYSE:TSE)
Investors Affected : May 3, 2021 - March 27, 2023
A class action has commenced on behalf of certain shareholders in Trinseo PLC. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's Bristol, Pennsylvania plant had a troubled safety record while under prior ownership and continued to be unsafe after the Company acquired it; (2) defendants did not sufficiently disclose specific risks related to conducting operations at that plant; (3) operating a chemical plant with an unsafe history and presently unsafe operations exposed the Company to a heightened risk of a chemical spill or other adverse events; and (4) as a result, defendants statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.
Shareholders may find more information at https://securitiesclasslaw.com/securities/trinseo-plc-loss-submission-form/?id=39702&from=1
First Republic Bank (NYSE:FRC)
Investors Affected : January 14, 2021 - March 14, 2023
A class action has commenced on behalf of certain shareholders in First Republic Bank. According to the complaint, Defendants misrepresented the strength of the Company's balance sheet and liquidity position, while also understating the significant pressure rising interest rates posed to First Republic's business model. Defendants also misrepresented the strength of the Company's ability to deliver consistent results across different interest rate environments, the diversity of the Company's deposit funding base, and the Company's ability to generate net interest income ("NII") growth and maintain stable net interest margin ("NIM").
Shareholders may find more information at https://securitiesclasslaw.com/securities/first-republic-loss-submission-form/?id=39702&from=1
The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770
SOURCE: The Gross Law Firm