Investors with a $100,000 or more in losses are encouraged to contact the firm before October 23, 2020; click here to submit trade information
LOS ANGELES, Oct. 23, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Blink Charging, Co. (NASDAQ: BLNK) investors that acquired shares between March 6, 2020 and August 19, 2020. Investors have until October 23, 2020 to seek an active role in this litigation.
The Complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (1) many of Blink's charging stations are damaged, neglected, non-functional, inaccessible, or non-accessible; (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 misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 23, 2020.
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The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.