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 pkim@rosenlegal.com or cases@rosenlegal.com 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 pkim@rosenlegal.com or cases@rosenlegal.com 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.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8846734

Serbia troops on high alert on border with Kosovo following clashes

Serbia has put its troops on the border with Kosovo on the highest state of alert following clashes between ethnic Serbs and Kosovo police that left more than a dozen injured on both sides.

The Serbs in northern Kosovo, who represent a majority in that region, were trying to block the entrance of municipal buildings on Friday to prevent recently-elected ethnic Albanian officials from entering them.

Police fired tear gas and several cars were set ablaze. In response to the clashes, Serbian President Aleksandar Vucic said that he put the army on a “highest state of alert.” Vucic also said that he ordered an “urgent” movement of Serbian troops closer to the borderline with Kosovo.

Vucic will attend a rally in support of him in Belgrade after two mass shootings earlier this month that killed 18 people and left 20 others wounded.

He said in a statement that because of “violence” against Kosovo Serbs, Serbia demanded that NATO-led troops stationed in Kosovo protect them from the Kosovo police.

Kosovo police acknowledged their increased presence in the north “to assist mayors of the northern communes of Zvecan, Leposavic and Zubin Potok to exert their right of work.”

Police said that five officers were injured by stun grenades and other hard objects thrown from protesters. A police car was burned while three others were damaged. Police also reported that shots were heard.

Police used tear gas to disperse the crowd and let the new officials into the offices. Kosovo Serb hospital officials said that about 10 protesters were injured.

US Ambassador to Kosovo Jeff Hovenier condemned “the ongoing action by Kosovar authorities to access municipal buildings in the north of Kosovo. Today’s violent measures should be immediately halted,” he tweeted.

New mayors in three communes in northern Kosovo, which is mostly populated by an ethnic Serb minority, were prevented from entering the buildings with small groups of Serbs keeping their hands up at the entrance of the municipalities, apparently in a sign that they were not there to take part in violence, Albanian indexonline.net website wrote, also showing photos.

In Zvecan, the Kosovo-online.com site showed clashes with police in front of the public building while in Leposavic they also had blocked the main square with cars and trucks.

Earlier, Serbs also switched on their alarm sirens in the four communes, including in the main northern Mitrovica town, in a warning sign and call to gather, “sirens which are used by criminal structures for mobilisation and gatherings,” according to police.

Local elections

The April 23 snap election was largely boycotted by ethnic Serbs and only ethnic Albanian or other smaller minority representatives were elected in the mayoral posts and assemblies.

Local elections were held in four Serb-dominated communes in northern Kosovo after Serb representatives left their posts last year in protest at the establishment of the association, which would coordinate work on education, health care, land planning and economic development at the local level.

With Kosovo’s ethnic Serbs demanding autonomy, Kosovar Albanians fear that the association may turn into a new ministate like Srpska Republika in Bosnia.

A 2013 Pristina-Belgrade agreement on that plan was later declared unconstitutional by Kosovo’s Constitutional Court, which ruled that it wasn’t inclusive of other ethnicities and could entail the use of executive powers to impose laws.

The two sides have tentatively agreed to back a EU plan on how to proceed, but tensions continue to simmer. The association issue is among the main ones, for which both the United States and the European Union are pressing Kosovo.

The United States and the EU have stepped up efforts to help solve the Kosovo-Serbia dispute, fearing further instability in Europe as the war rages in Ukraine. The EU has made it clear to both Serbia and Kosovo they must normalise relations to advance in their intentions to join the bloc.

The conflict in Kosovo erupted in 1998 when separatist ethnic Albanians rebelled against Serbia’s rule and Serbia responded with a brutal crackdown.

About 13,000 people, mostly ethnic Albanians, died. NATO’s military intervention in 1999 eventually forced Serbia to pull out of the territory. Washington and most EU countries have recognised Kosovo as an independent state, but Serbia, Russia and China have not.

Source: TRTworld.com

What does Wagner Group’s pull-out from Bakhmut signify?

The head of Wagner Group, Yevgeny Prigozhin, has appeared on a video telling his fighters to start withdrawing from the occupied city of Bakhmut. Prigozhin says he is handing over to regular Russian troops, having claimed that it was his organisation that took it from Ukraine. Javed Ali, associate professor at the University of Michigan, explains.

Source: TRTworld.com

Live blog: Russia’s transfer of nuclear arms to Belarus begins – Lukashenko

Belarusian leader Alexander Lukashenko has said that Russia had begun moving nuclear weapons to its territory, which borders the European Union, ratcheting up tensions with the West over the Ukraine conflict.

“The transfer of nuclear munitions has begun,” Lukashenko told reporters during a visit to Moscow to meet with President Vladimir Putin.

In Washington, White House Press Secretary Karine Jean-Pierre called Russia’s move “yet another example of making irresponsible and provocative choices”.

She added, however, that “we have not seen any reason to adjust our own nuclear posture… nor any indication that Russia is prepared to use nuclear weapons from Belarus”.

Russia and Belarus signed a deal on Thursday formalising the deployment of Moscow’s tactical nuclear weapons on the territory of its ally, although control of the weapons remains in the Kremlin.

It is unclear how many nuclear weapons would be kept in Belarus. The US government believes Russia has about 2,000 tactical nuclear weapons, which include bombs that can be carried by aircraft, warheads for short-range missiles and artillery rounds.

1920 GMT — Ukraine shouldn’t use US weaponry inside Russia: US general

The United States has long asked Ukraine not to use US-provided military equipment to carry out attacks inside Russian territory, the top US general said, following accusations by Russia that pro-Ukrainian militia used US armoured vehicles.

Army General Mark Milley, chairman of the Joint Chiefs of Staff, said his office was looking into social media imagery of vehicles and military hardware in a cross-border incursion on Monday by militia in the Russian region of Belgorod.

“I can’t say with definitive accuracy right this minute to you whether that — and I saw the same video — whether that’s US supplied equipment or not, what was the nature of the attack, who did what to whom,” Milley told a press conference at the Pentagon.

“I can’t say that with definitiveness right this minute, but I can say that we have asked the Ukrainians not to use US-supplied equipment for direct attacks into Russia.”

1830 GMT — US warns Wagner Group seeking arms, slaps sanctions on group’s head in Mali

The US has said Russian mercenary force Wagner Group may be working through Mali and other countries to hide its efforts to acquire military equipment for use in Ukraine, and accused it of supplying a Sudanese paramilitary with surface-to-air missiles.

The US Treasury Department said in a statement it imposed sanctions on Wagner’s chief in Mali as it said the group’s employees may have been attempting to work through the west African country to acquire equipment such as mines, drones, radar and counter-battery systems for use in Ukraine.

The US has repeatedly warned of what it says are Wagner’s destabilizing activities and has ramped up sanctions against the private army following Russia’s invasion of Ukraine last year. Wagner mercenaries have fought alongside regular Russian troops in Ukraine, including in some of the most intense battles.

On Monday, State Department spokesperson Matthew Miller warned that Wagner was seeking to transit military equipment through Mali. Maria Zakharova, spokesperson for Russia’s Foreign Ministry, on Wednesday dismissed the US allegations as a “hoax.”

1412 GMT — Russia summons Germany, Sweden, Denmark envoys over Nord Stream

Russia’s Foreign Ministry said it has summoned the ambassadors of Germany, Sweden and Denmark to protest over what it said was the “complete lack of results” in an investigation to identify who blew up the Nord Stream gas pipelines last year.

Several unexplained underwater explosions ruptured the Nord Stream 1 and newly-built Nord Stream 2 pipelines that link Russia and Germany across the Baltic Sea in September 2022.

The blasts occurred in the economic zones of Sweden and Denmark and both countries say the explosions were deliberate but have yet to determine who was responsible.

The two countries and Germany are investigating the incident.

1407 GMT — Sweden looking at Ukrainian pilots test flying its Gripen fighter jets

Sweden may allow a few Ukrainian fighter jet pilots to test fly the Nordic country’s Gripen aircraft, its defence minister has told broadcaster TV4.

Defence Minister Pal Jonson however repeated earlier comments that Sweden has no plans to send any of its Gripen to Ukraine as all six divisions are needed at home for the defence of the Swedish territory.

“This concerns the Ukrainians putting in inquiries about various kinds of aviation systems – it can be Tornados, F-16s or Gripens – so that they can test the kinds of platforms and systems that we and other countries operate,” Jonson said.

“We are now looking at the possibility that the Ukrainians can test the Gripen.”

1347 GMT — Russia reiterates it is ‘aware’ of Ukraine’s involvement in drone attack on Kremlin

Moscow is aware that Kiev was behind the drone attack on the Kremlin earlier this month, the presidential spokesman has said.

Commenting on media reports that the US believes Ukraine’s military intelligence is responsible for the May 3 attack, Dmitry Peskov said: “We immediately said that the Kiev regime is behind this.”

“In the end, it doesn’t make much difference which of the divisions of the Kiev regime is behind this.

Ukrainian President Volodymyr Zelenskyy and other officials deny any involvement.

1302 GMT — Russian defence chief says NATO waging ‘undeclared war’ against Russia, Belarus

Russian Defense Minister Sergey Shoigu has said that NATO is “waging an undeclared war” against Russia and Belarus.

NATO’s military activity has “taken the most aggressive orientation,” the alliance is deploying military contingents, building military infrastructure, enhancing training and increasing reconnaissance activities, Shoygu said, speaking at a meeting with his Belarusian counterpart Viktor Khrenin in Minsk.

In Ukraine, where over 2,000 foreign mercenaries are fighting at Kiev’s side, the situation, in general, is used for NATO expansion, with all efforts spent toward escalating the armed conflict in the region, he added.

NATO’s Defender Europe 2023 military drill suggests the participation of countries that are not part of the bloc, the minister noted, stressing that in such circumstances, regular meetings of defence ministers of Russia and Belarus are important.

1259 GMT — Finland to send more arms to Ukraine

Finland’s government has said it would send additional military equipment to Ukraine, including anti-aircraft weaponry and ammunition at an overall cost of $120 million (109 million euros).

“For operational reasons and in order to ensure the safe delivery of assistance, no further details are provided on the exact content, method or timetable of assistance,” the government said.

1222 GMT — EU froze over $215B worth of assets of Russian central bank: Official

EU countries froze over $215 billion (€200 billion) worth of assets of the Russian central bank, an EU official has confirmed.

The “member states have reported to the (European) Commission over €200 billion of immobilised assets of the Russian Central Bank,” Christian Wigand, spokesperson in charge of justice, told reporters at the EU executive body’s daily news briefing.

It is the first time that the EU announced the sum of the frozen assets and reserves of the Russian central bank after the bloc’s latest sanctions package obliged EU operators to report to the European Commission.

1157 GMT — Ukraine secures release of 106 soldiers in swap with Russia – Kiev

Ukraine secured the release of 106 captured soldiers in a prisoner exchange with Russia, President Volodymyr Zelenskyy’s chief of staff has said.

The soldiers, including eight officers, were captured fighting in the devastated eastern city of Bakhmut Russia says it has captured, but where Kiev’s forces say they still have a small foothold.

“Every one of them is a hero of our state. Many of the ones we are returning from captivity were considered missing. The relatives of these people have gone through a difficult time,” said the senior official, Andriy Yermak.

0853 GMT — Wagner head claims 20,000 of his fighters died in Bakhmut battle

Head of the Wagner private military company (PMC) Yevgeny Prigozhin has claimed 20,000 of his employees died in the battle for Ukraine’s city of Bakhmut.

In an interview with Russian Senator Konstantin Dolgov published on Wednesday, Prigozhin claimed Wagner’s losses are three times less than those of Ukraine’s armed forces.

“I had 35,000 on the front line. During the operation, I chose 50,000 prisoners, of which about 20 percent died. The same number of fatalities are among those who joined Wagner under a contract (not from prison),” he said.

0741 GMT — South Korea says Ukraine artillery ammo report ‘inaccurate’

South Korea has dismissed a US media report that its artillery rounds were heading to Ukraine, saying its position on not providing lethal aid to Kiev was unchanged.

The Wall Street Journal on Wednesday reported that hundreds of thousands of South Korean-made shells were set to be delivered to Ukraine via the United States under a “confidential arrangement” between Seoul and Washington.

“The South Korean government’s position on aid to Ukraine remains unchanged… and there are also inaccuracies in the (WSJ) report,” Jeon Ha-kyu, the defence ministry’s spokesperson, told reporters.

0732GMT — Wagner says transferring Bakhmut positions to Russian army

The head of Russia’s Wagner mercenary group chief has said his troops had started transferring their positions in the flashpoint eastern Ukraine town of Bakhmut to the Russian military.

“We are withdrawing units from Bakhmut today,” Evgeny Prigozhin said in a video released on social media. “

We are handing over positions to the military, ammunition and everything.”

0626 GMT — Russia arrests Ukrainians planning nuke power plant strikes: FSB

Russia has arrested two Ukrainians who had allegedly planned to target nuclear power plants in the country, the FSB security service has said.

“A sabotage group from the Ukrainian foreign intelligence service … tried to blow up some 30 power lines of nuclear power plants in Leningrad and Kalinin in early May with the aim of stopping the nuclear reactors at the plants,” Russian news agencies quoted the FSB as saying in a statement.

The aim was to cause “serious economic harm to Russia and damage its reputation,” it said.

0303 GMT — Kiev says its defences repelled overnight Russian drone attack

Russian forces carried out overnight drone attacks on Kiev, officials said, continuing a month-long campaign of air strikes against the Ukrainian capital.

Military chiefs said Kiev’s air defences destroyed all of the drones during the three-hour air attack, the twelfth this month.

Serhiy Popko, head of the city’s military administration, said in a message on Telegram that Russia “again attacked Kiev from the air”. “The attack was massive,” the statement added. “The enemy continues to use attack tactics in several waves, with intervals between groups of attacking drones.”

0549 GMT — Six drones downed in Crimea, no victims: governor

Six drones were downed or blocked overnight in Russian-annexed Crimea, the region’s Moscow-appointed governor said.

“During the past night, six drones were shot down or blocked … in different parts of Crimea,” Sergey Aksyonov wrote on Telegram, adding “There were no victims or injured.”

On Wednesday, the governor of the Russian region of Belgorod, Vyacheslav Gladkov, said the territory was targeted overnight by numerous drones.

2132 GMT — Ukraine profits from transit of Russian gas despite calling Moscow ‘aggressor’: Putin

Russian President Vladimir Putin has said despite labelling Moscow an “aggressor,” Kiev profits from the transit of Russian gas through Ukraine.

“Two lines of the gas pipeline (go) through Ukraine. Ukraine has blocked one of them. We didn’t do it! By the way, we supply gas to Europe through the second line, whereas Ukraine safely collects cash for transit, though it calls us an aggressor,” Putin said during an address at a plenary session of the second Eurasian Economic Forum in Moscow.

Noting that Russia is fulfilling all its obligations in full with regard to energy supplies, he said that energy prices in Europe were approaching economically justified levels and questioned what had caused the energy crisis in the continent.

2027 GMT — US approves $285M sale of NASAMS air defence system to Ukraine

The United States has announced the approval of a $285 million sale of a NASAMS air defence system and related equipment to Ukraine as Kiev seeks to boost protection against Russian strikes.

“Ukraine has an urgent need to increase its capabilities to defend against Russian missile strikes and aircraft,” the US Defense Security Cooperation Agency said in a statement. “Acquiring and effectively deploying this capability will enhance Ukraine’s ability to defend its people and protect critical national infrastructure.”

The agency also said the sale will support US foreign policy national security goals by “improving the security of a partner country that is a force for political stability and economic progress in Europe.”

Source: TRTworld.com

France police fire tear gas on protesters at oil giant’s meeting

French energy giant Total has defended its climate strategy after shareholders voted in favour of its new policy. The company had been under pressure from both environmental organisations and the government to start a transition away from fossil fuels. On Friday, climate activists clashed with police as they tried to block the meeting from taking place. Daniel Padwick reports.

Source: TRTworld.com

Paris police fire tear gas on climate protesters

Paris police have fired tear gas to disperse climate protesters trying to block an annual general meeting of French oil giant TotalEnergies.

After giving three warnings on loudhailers, officers on Thursday used tear gas on the activists, who sat on the road outside the meeting venue in an upscale Paris district, in a bid to stop people from entering.

Dozens of protesters had converged around the Salle Pleyel venue from dawn, in a protest called by a coalition of non-governmental organisations.

They chanted slogans such as “All we want is to knock down Total” and “One, two, and three degrees, we have Total to thank”.

Similar protests have taken place at recent meetings of other oil giants, such as BP and Shell.

Oil majors BP, Shell, ExxonMobil, Chevron and TotalEnergies have together posted profits of more than $40 billion in this quarter.

Source: TRTworld.com

France charges military personnel over deadly Channel migrant boat accident

French police have taken into custody over a dozen people, including several military personnel, in connection with the tragic sinking of a migrant boat in the English Channel in 2021.

Magistrates on Thursday filed preliminary charges against five French maritime rescue personnel in a probe of the deadly sinking of the flimsy migrant craft that killed 27 people.

The five, all military personnel, were handed a preliminary charge of not assisting people in danger, judicial authorities said. Preliminary charges allow magistrates further time to investigate.

Magistrates have previously filed preliminary charges against 10 other people suspected of manslaughter and assisting the illegal entry of migrants. Three magistrates are handling the investigation.

The five military personnel now also handed charges serve at a French maritime surveillance and rescue centre for the English Channel, judicial authorities said. They are not being held in detention.

Deadliest Channel migration accident

The tragic incident occurred on November 24, 2021, in the early morning, when 27 people aged seven to 46 drowned in the English Channel near Calais.

Among the victims, there were six women and one young girl. Four people’s bodies have yet to be discovered.

In an investigation published in 2022, Le Monde revealed that the people in the boat made around 15 calls to the French rescue services.

According to the judicial file reviewed and reported by Radio France, the rescue teams were not fully aware of the critical nature of the situation.

The on-duty personnel, according to the investigation, allegedly ignored the distress calls made by irregular migrants.

The investigation revealed that rescue personnel turned over the responsibility to British authorities and did not send any assistance to the drifting migrants.

The November 2021 sinking was the deadliest migration accident on the dangerous stretch of sea that separates France and Britain.

It shone a spotlight on smuggling networks that prey on migrants, and sent tensions soaring between France and Britain over how to tackle the problem.

Source: TRTworld.com

Refugee boat capsizes in Aegean Sea

Three refugees have been killed, and twelve others are still missing after their boat capsized off the Mykonos island in the Aegean Sea, Greek state broadcaster ERT said.

The coast guard has been carrying out a search and rescue operation since the early hours of Friday. Two refugees, a Syrian and a Palestinian, who were on board the boat, were rescued.

Initially, the refugees, who were rescued and transported safely to the island’s port, said six people were aboard the boat, but they later confirmed that 15 people were on the boat.

Several humanitarian groups have continuously criticised the Greek government for its treatment of refugees and migrants arriving in Greece and its illegal pushback, which violate several human rights laws.

Video footage of migrant pushbacks

In April, video footage recorded on the island of Lesvos by an Austrian activist and later released by the US-based newspaper The New York Times, revealed the illegal pushbacks the Greek government has been denying.

The video showed 12 refugees, including children and a 6-month-old infant, being transported by a van to a nearby remote area, where they were forcefully seen boarding a high-speed inflatable boat.

According to the report, the man who drove the vehicle was wearing a balaclava.

The irregular migrants and refugees were later transferred to a Greek Coast Guard vessel before being abandoned on a floating boat in the middle of the Aegean Sea and set adrift until they were picked up by the Turkish Coast Guard.

Former Greek premier Kyriakos Mitsotakis claimed that his government’s policy towards irregular migration is tough but fair and that the video is being investigated.

In 2015-16, Greece was at the epicentre of the migration crisis, with nearly 1 million refugees crossing its borders in search of safety from war-stricken countries.

Source: TRTworld.com

CrossTalk: End of Ukraine and EU?

What does the West aim to achieve with its proxy war in Ukraine? The defeat, humiliation and breakup of Russia? If this is the case, then the West has already lost.

Source: Russia Today