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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
NOVEMBER 8, 1999
PLUG POWER INC.
(Exact name of Registrant as specified in its charter)
DELAWARE 00027527 22-3672377
(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification No.)
968 ALBANY-SHAKER ROAD
LATHAM, NY 12110
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code:
(518) 782-7700
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ITEM 5. OTHER EVENTS.
On November 8, 1999, Plug Power Inc. (the "Company") received
correspondence from counsel to DCT, Inc. alleging, among other things, that the
Company misappropriated from DCT business and technical trade secrets, ideas,
know-how and strategies relating to fuel cell systems, and that certain
contractual obligations owed to DCT were breached. The correspondence threatens
litigation against the Company as well as Edison Development Corporation, DTE
Energy Company, The Detroit Edison Company and Mechanical Technology
Incorporated. The Company believes that the allegations made against the Company
are without merit, and the Company intends to vigorously contest any litigation
which may be filed with regard to this matter, but the ultimate outcome of any
litigation is of course uncertain.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PLUG POWER INC.
Date: November 16, 1999 By: /s/ William H. Largent
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William H. Largent
Chief Financial Officer
(Principal Financial and
Accounting Officer)
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