Blink Charging Investors With Losses Greater Than $50,000

Blink Charging Investors With Losses Greater Than $50,000

//
Posted By
/
Comment0
/
Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Blink Charging Company (“Blink Charging,” “Blink,” or the “Company”) (NASDAQ: BLNK) to determine whether the Company engaged in securities fraud or other unlawful business practices. 

Blink Charging investors who purchased, or otherwise acquired, the Company’s common stock between March 6, 2020 and August 19, 2020, inclusive (the “Class Period”), and suffered losses greater than $50,000 are encouraged to complete Kehoe Law Firm’s Securities Class Action Questionnaire or contact Kevin Cauley, Director, Business Development, (215) 792-6676, Ext. 802, [email protected][email protected], to discuss the securities investigation or potential legal claims.

According to the class action complaint, throughout the Class Period, the Blink Charging Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. According to the complaint, the Blink Defendants failed to disclose that (1) many of Blink’s charging stations are damaged, neglected, non-functional, inaccessible; (2) Blink’s purported partnerships and expansions with other companies were overstated; (3) the purported growth of the Company’s network has been overstated; and (4) as a result, the Company’s public statements were materially false and materially misleading at all relevant times.

Kehoe Law Firm, P.C.