PLUG CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Plug Power Investors of Securities Class Action Deadline on April 3, 2026

NEW YORK--(BUSINESS WIRE)--Apr 3, 2026--

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Plug Power Inc. (“Plug Power” or the “Company”) (NASDAQ: PLUG) and reminds investors of the April 3, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See  www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (i) Defendants had materially overstated the likelihood that funds attributed to the DOE Loan would ultimately become available to Plug Power, and/or that Plug Power would ultimately construct the hydrogen production facilities necessary to receive those funds; (ii) as such, Plug Power was likely to pivot toward more modest projects with less commercial upside; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

On October 7, 2025, Plug Power issued a press release and filed a current report on Form 8-K with the United States Securities and Exchange Commission ("SEC") announcing that Defendant Andrew Marsh would step down from his role as the Company's Chief Executive Officer, "effective as of the date [Plug Power] files its [2025] Annual Report", and that Sanjay Shrestha would step down from his role as the Company's President, "effective as of October 10, 2025[.]" Plug Power concurrently announced the appointment of Chief Revenue Officer Jose Luis Crespo to both roles. The abrupt departure of two key executives just one month before the expected issuance of Plug Power's financial and operating results for the third quarter plainly did not bode well for the Company.

On this news, Plug Power's stock price fell $0.26 per share, or 6.29%, to close at $3.87 per share later that day.

Then, on November 10, 2025, Plug Power issued a press release reporting its financial results for the quarter ended September 30, 2025, and filed a quarterly report on Form 10-Q with the SEC that reported the same. That same day, Plug Power held a related conference call to discuss those results. During the call, Defendants announced that they expected to generate more than $275 million in liquidity after signing a nonbinding letter of intent to monetize their electricity rights in New York and one other location in partnership with a major U.S. data center developer, and that "[a]s a result, we have suspended activities under the DOE loan program, allowing us to redeploy capital". This represented a significant pivot for Plug Power. Defendants had not previously discussed the possibility of suspending activities under the DOE Loan and during the Class Period, and, just eight months earlier, had specifically advised analysts that they should "not expect revenue from that segment [i.e., data center power generation] of any size over the next two to three years".

On this news, Plug Power's stock price fell $0.09 per share, or 3.39%, to close at $2.53 per share on November 11, 2025.

Then, during market hours on November 13, 2025, The Washington Examiner reported that Plug Power "confirmed . . . that it suspended activities" on "its plans to construct six facilities to produce and liquefy zero or low-carbon hydrogen, putting at risk" the $1.66 billion DOE Loan it closed in January.

On this news, Plug Power's stock price fell $0.48 per share, or 17.58%, over the following two trading sessions, to close at $2.25 per share on November 14, 2025.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Plug Power’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Plug Power Inc. class action, go to  www.faruqilaw.com/PLUG or call  Faruqi & Faruqi partner Josh Wilson directly  at 877-247-4292  or 212-983-9330 (Ext. 1310).

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PLUG CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Plug Power Investors of Securities Class Action Deadline on April 3, 2026

RALEIGH, N.C. (AP) — Hold on to those Thanksgiving turkeys! WKRP is coming to Cincinnati — for real this time.

“I cannot, by contract, tell you when. I cannot tell you who. But I can tell you, direct to the camera, WKRP, after 48 years, is coming to Cincinnati,” D.P. McIntire, who runs the media nonprofit that is auctioning the famous call letters, told The Associated Press. “Book it! It’s done!”

The call sign was made famous by “WKRP in Cincinnati,” a CBS television sitcom that ran from 1978 to 1982. It made stars of actors like Loni Anderson and Richard Sanders, whose bumbling newsman Les Nessman reported on a Thanksgiving promotion gone bad when live but flightless turkeys were dropped from a helicopter.

McIntire remembers watching the show’s first episode — featuring disc jockeys Dr. Johnny Fever (Howard Hesseman) and Venus Flytrap (Tim Reid) — in the living room with his parents and older sister.

“And at the end of the 30-minute episode,” he said, “I got up and I proclaimed, `I’m going to be in radio. And if I ever have the opportunity, I’m going to run a station called WKRP.’”

McIntire said he got his first on-air job at 13 as a news anchor at WNQQ “Wink FM” in Blairsville, Pennsylvania.

Fast forward to 2014, when his North Carolina-based nonprofit acquired the call sign from the Federal Communications Commission. Stations in Dallas, Georgia, and Alexandria, Tennessee, previously bore the letters.

McIntire laughs as he recalls his chat with a woman in the agency’s audio division.

He had two sets of call letters in mind. She told him he needed a third.

“Being the jokester that I am, I said, `Well, if you need three, and if it’s available, we’ll take WKRP,’” he said. “And 90 seconds later, she came back and she said, `Mr. McIntire. Congratulations. You’re the general manager of WKRP in Raleigh, North Carolina.’”

WKRP-LP — 101.9 on the FM dial — went live Nov. 30, 2015. The LP stands for “low power,” a class of station created to serve more local audiences that didn’t want mass-market content.

“Our format is what radio used to be 35 years ago in small-town America,” he said. “There is Greats of the 80s, Sounds of the 70s, 90s Rewind.”

LPFM is restricted to nonprofit organizations like his Oak City Media, and it’s definitely local.

“Your broadcast capacity is limited to 100 watts,” McIntire said. “So, your average range is between, depending on your terrain and circumstances, 4 and 12 miles (6 and 19 kilometers) in any direction. Enough to cover a small town.”

And, by necessity, it’s a low-budget affair.

The transmitter is in a corner of McIntire’s garage, between a recycling bin and the cleaning supplies. The broadcast antenna sits atop a 25-foot (7.62-meter) metal flagpole in the backyard. The studio — microphones and a mixing board hooked up to a computer — is in McIntire’s basement.

Like the WKRP of television, McIntire and his partners set out to be “irreverent.” One of their offerings is a two-hour show called “Weird Al and Friends,” focusing on the satirical works of Weird Al Yankovic.

They even had an annual Thanksgiving turkey giveaway. But don’t call the American Society for the Prevention of Cruelty to Animals — they hand out gift certificates to a local grocery store.

“We don’t toss them out of helicopters,” he said with a laugh.

After 10 years on the air, the 56-year-old McIntire decided it was time to pass the reins.

“We’re in a position where the older members like me who started the station are turning the leadership over to younger members,” he said. “They’re not interested in radio.”

They put out a call for bids to use the call letters on FM and AM radio, as well as television and digital television.

They intend to use the proceeds for a new nonprofit venture called Independent Broadcast Consultants. He said IBC will be “geared specifically toward helping these new broadcasters get up and running, get the consulting that they need in order to be, hopefully, more successful than we have been.”

Oak City Media was all set to hand off the television-related suffixes — WKRPTV and WKRPDT — when another group defaulted on the agreement, McIntire said. But he said the Cincinnati deal is in the bag, he just can’t legally discuss it.

“It will be radio,” he said. “But that’s all I can tell you at this time.”

Whatever they do with the call sign, he hopes they will be true to the show that inspired it.

“It has a special place in the hearts of an awful lot of people,” he said. “And we have been very, very, very proud to have been a steward of that legacy.”

D.P. McIntire leans against a deck beneath the WKRP radio antenna in the backyard of his home in Raleigh, N.C., on Thursday, April 2, 2026. (AP Photo/Allen G. Breed)

D.P. McIntire points to the transmitter for WKRP radio in a corner of his garage in Raleigh, N.C., on Thursday, April 2, 2026. (AP Photo/Allen G. Breed)

The WKRP radio antenna sits atop a 25-foot flagpole behind D.P. McIntire's home in Raleigh, N.C., on Thursday, April 2, 2026. (AP Photo/Allen G. Breed)

A photo of the cast members of the sitcom "WKRP in Cincinnati" sits in a window at the home of D.P. McIntire in Raleigh, N.C., on Thursday, April 2, 2026. (AP Photo/Allen G. Breed)

D.P. McIntire stands beneath a WKRP banner in the backyard of his home in Raleigh, N.C., on Thursday, April 2, 2026. (AP Photo/Allen G. Breed)