Action blink lite12/16/2023 The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business. Recently, Blink has touted the purported growth of its EV charging network, asserting that “drivers can easily charge at any of 15,000 charging stations.” Over the last several months, Blink’s stock price has climbed from trading between approximately $1.40 to $3.12 per share to an intraday high of $14.58 per share on July 30, 2020. Blink offers both residential and commercial EV charging equipment, enabling EV drivers to easily recharge at various location types.” Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.Īccording to its most recent Annual Report filed on Form 10-K with the SEC, Blink purports to be “a leading owner, operator, and provider of” electric vehicle (“EV”) “charging equipment and networked charging services. A copy of the Complaint can be obtained at To discuss this action, contact Robert S. If you are a shareholder who purchased Blink securities during the class period, you have until October 23, 2020, to ask the Court to appoint you as Lead Plaintiff for the class. §§ 78j(b) and 78t(a) and Rule 10b-5 promulgated thereunder by the SEC, 17 C.F.R. This action is brought on behalf of the Class for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”), 15 U.S.C. The class action, filed in United States District Court for the Southern District of Florida, and docketed under 20-cv-23643, is on behalf of a class consisting of all persons other than Defendants who purchased or otherwise, acquired Blinksecurities between March 6, 2020, and August 19, 2020, inclusive (the “Class Period”). 10, 2020 (GLOBE NEWSWIRE) - Pomerantz LLP announces that a class action lawsuit has been filed against Blink Charging Company (“Blink” or the “Company”) (NASDAQ: BLNK) and certain of its officers.
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