SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Blink Charging Co. - BLNK
NEW YORK, Sept. 5, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Blink Charging Co. ("Blink" or the "Company") (NASDAQ: BLNK). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether Blink and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On August 9, 2023, Blink disclosed receipt of a subpoena from the U.S. 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." Additionally, Blink 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."
On this news, Blink's stock price fell $0.97 per share, or 14.1%, to close at $5.89 per share on August 10, 2023.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, 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, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz 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 www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
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