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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Ballard Power Systems, Inc. of Class Action Lawsuit and Upcoming Deadline – BLDP


Pomerantz LLP announces that a class action lawsuit has been filed
against Ballard Power Systems, Inc. ("Ballard" or the "Company")
(NASDAQ: BLDP) and certain of its officers. The class action, filed in
United States District Court, for the Southern District of New York, and
docketed under 18-cv-01137, is on behalf of a class consisting of
investors who purchased or otherwise acquired Ballard securities,
seeking to recover compensable damages caused by defendants' violations
of the Securities Exchange Act of 1934.

If you are a shareholder who purchased Ballard securities between
September 30, 2016, and January 25, 2018, both dates inclusive, you have
until March 28, 2018, to ask the Court to appoint you as Lead Plaintiff
for the class. A copy of the Complaint can be obtained at
To discuss this action, contact Robert S. Willoughby at
or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 9980. Those who
inquire by e-mail are encouraged to include their mailing address,
telephone number, and the number of shares purchased.

here to join this class action]

Ballard designs, develops, manufactures, sells and service hydrogen fuel
cells for a range of applications. The Company's products and services
are used in many industries such as materials handling, residential
cogeneration, backup power and transportation. Ballard has represented
to investors that the Company has been deploying its technologies in
various parts of China, in conjunction with local partners Broad Ocean
and Synergy JV.

The Complaint alleges that throughout the Class Period, Defendants made
materially false and misleading statements regarding the Company's
business, operational and compliance policies. Specifically, Defendants
made false and/or misleading statements and/or failed to disclose that:
(i) the Company had overstated the operations of its China-based
partners Broad Ocean and Synergy JV; (ii) Ballard's technologies had not
been deployed in China to the extent the Company had represented; and
(iii) as a result of the foregoing, Ballard shares traded at
artificially inflated prices during the Class Period, and class members
suffered significant losses and damages.

On January 25, 2018, Spruce Point Capital Management reported
that Ballard overstated the operations of its China-based partners Broad
Ocean and Synergy JV. In part, the Spruce Point report asserted
that "there are no demonstration lines operating in Guangdong and that
no bus lines are in service in Sanshui or Yunfu." The report continued
to state that "Ballard and local press releases indicate that [Broad
Ocean customer] Foshan has produced 114 FCV buses... [but] a Foshan
employee claimed that far fewer buses have been produced to date and
only 11 are licensed."

Following this news, Ballard's share price fell $0.52, or over 13%, to
close at $3.27 on January 25, 2018.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and
Paris, is acknowledged as one of the premier firms in the areas of
corporate, securities, and antitrust class litigation. Founded by the
late Abraham L. Pomerantz, known as the dean of the class action bar,
the Pomerantz Firm pioneered the field of securities class actions.
Today, more than 80 years later, the Pomerantz Firm continues in the
tradition he established, fighting for the rights of the victims of
securities fraud, breaches of fiduciary duty, and corporate misconduct.
The Firm has recovered numerous multimillion-dollar damages awards on
behalf of class members. See

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