Defendant Name:
Plug Power Inc.
Defendant Type:
Public Company
Document Reference:
34-98243-s
Document Details
Legal Case Name
In the Matter of Plug Power, Inc.
Document Name
SEC Charges Plug Power for Financial Reporting, Accounting, and Controls Violations
Document Date
30-Aug-2023
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The SEC stated that: "[It] charged Plug Power Inc., a provider of green hydrogen and hydrogen-fuel-cell systems, for financial reporting, accounting, and controls failures that required a multi-year restatement of the company’s prior financial statements. Plug Power has agreed to settle the SEC’s charges."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Other Compliance Related Undertaking
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$1,250,000.00
Shared: