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Deadline on Jan. 29th coming up in Lawsuit for Investors who lost money with ChargePoint Holdings, Inc. (NYSE: CHPT)

01-23-2024 08:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on January 29, 2024 in the lawsuit for certain investors in ChargePoint Holdings, Inc. (NYSE: CHPT).

A Deadline is coming up on January 29, 2024 in the lawsuit for certain investors in ChargePoint Holdings, Inc. (NYSE: CHPT).

A deadline is coming up on January 29, 2024 in the lawsuit filed for certain investors of ChargePoint Holdings, Inc. (NYSE: CHPT) over alleged securities laws violations by ChargePoint Holdings, Inc.

Investors who purchased shares of ChargePoint Holdings, Inc. (NYSE: CHPT) have certain options and there are strict and short deadlines running. Deadline: January 29, 2024. ChargePoint Holdings, Inc. (NYSE: CHPT) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of ChargePoint Holdings, Inc. (NYSE: CHPT) common shares between June 1, 2023 and November 16, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between June 1, 2023 and November 16, 2023, the Defendants failed to disclose to investors the Company was experiencing higher component costs and supply overruns for first generation DC charging products that, as a result, the Company was likely to incur impairment charges, that, as a result of the foregoing, the Company's profitability would be adversely impacted, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of ChargePoint Holdings, Inc. (NYSE: CHPT) 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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