Press release
Investigation announced for Investors in shares of Blink Charging Co. (NASDAQ: BLNK) over possible Violations of Securities Laws
An investigation for investors in Blink Charging Co. (NASDAQ: BLNK) shares over potential securities laws violations.
Investors who purchased shares of Blink Charging Co. (NASDAQ: BLNK), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Blink Charging Co. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Miami, Beach, FL based Blink Charging Co., through its subsidiaries, owns, operates, manufactures, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally.
On August 9, 2023, Blink Charging Co. disclosed that it received a subpoena from the Securities and Exchange Commission ("SEC") requesting the "production of documentation and other information since January 1, 2020, relating to various subjects, including executive departures, related-party transactions, number of EV charging stations, and other discrete disclosure matters." The Company further disclosed that it is "unable to predict what the timing or the outcome of the SEC investigation may be or what, if any, consequences the SEC investigation may have on us."
Shares of Blink Charging Co. (NASDAQ: BLNK) declined from $15.85 per share on October 13, 2022 to $5.37 per share on August 15, 2023.
Those who purchased shares of Blink Charging Co. (NASDAQ: BLNK) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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