SAN DIEGO, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP (www.JohnsonFistel.com) is investigating whether Blink Charging Co. (“Blink” or the “Company”) (NASDAQ: BLNK), any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.
What if I purchased Blink Securities? If you purchased Blink common stock and suffered significant losses on your investment, join our investigation now by clicking the following link:
https://www.johnsonfistel.com/investigations/blink-charging
Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471
There is no cost or obligation to you.
What is Johnson Fistel investigating? On August 9, 2023, Blink disclosed that it received a subpoena from the 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." The Company further 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."
Following this news, Blink’s stock price dropped 14% to close at $5.89 per share on August 10, 2023.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
Investor Relations
jimb@johnsonfistel.com
Frank Johnson, 619-309-4405
fjohnson@johnsonfistel.com
