The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of PLUG, FRC and IEP

NEW YORK, NY / ACCESSWIRE / May 17, 2023 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Plug Power Inc. (NASDAQ:PLUG)
Class Period: August 9, 2022 - March 1, 2023
Lead Plaintiff Deadline: June 12, 2023

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.

Learn about your recoverable losses in PLUG: https://www.kleinstocklaw.com/pslra-1/plug-power-inc-lawsuit-loss-submission-form?id=39578&from=1

First Republic Bank (NYSE:FRC)
Class Period: January 14, 2021 - March 14, 2023
Lead Plaintiff Deadline: June 23, 2023

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").

Learn about your recoverable losses in FRC: https://www.kleinstocklaw.com/pslra-1/first-republic-lawsuit-loss-submission-form?id=39578&from=1

Icahn Enterprises L.P. (NASDAQ:IEP)
Class Period: August 2, 2018 - May 9, 2023
Lead Plaintiff Deadline: July 10, 2023

The complaint alleges that during the class period Icahn Enterprises L.P. made materially false and/or misleading statements and/or failed to disclose that: (i) Icahn Enterprises was inflating its net asset value; (ii) the Company was using money taken in from new investors to pay out dividends to old investors; (iii) as a result, the Company would become the subject of criminal and/or regulatory scrutiny; and (iv) as a result of the foregoing, Defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Learn about your recoverable losses in IEP: https://www.kleinstocklaw.com/pslra-1/icahn-enterprises-lawsuit-loss-submission-form?id=39578&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

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