Legal

ROSEN, A Pioneering Law Firm, Calls on ChargePoint Holdings, Inc. Investors to Assert Their Rights Before Key Deadline

Published December 17, 2023

New York, December 15, 2023 – Investors who have purchased securities from CHPT, ChargePoint Holdings, Inc., during the period of June 1, 2023, to November 16, 2023, are being prompted by the esteemed law firm, Rosen Law Firm, to come forward before the critical deadline of January 29, 2024. This action is a result of allegations that the company may have issued materially misleading business information to the investing public.

Understanding the Allegations

During the specified period, ChargePoint, symbolized by CHPT, is alleged to have misled investors regarding its business operations, financial standing, and prospects. As a provider of electric vehicle (EV) charging networks and solutions, with headquarters in Campbell, California, ChargePoint plays a significant role in the burgeoning EV market—an industry closely watched by investors seeking growth opportunities amidst a global shift towards clean energy.

The Legal Recourse

As a leading firm in investor rights, Rosen Law Firm represents shareholders across the globe in securities class action lawsuits and complex corporate litigation. The firm is currently encouraging investors who have incurred losses during the class period to contact them promptly to apply for the role of lead plaintiff in the lawsuit before the approaching deadline.

Investors who purchased CHPT shares during the class period and have been adversely affected by the alleged corporate actions have until January 29, 2024, to petition the court for lead plaintiff status. The lead plaintiff role is a critical position in the class action lawsuit, responsible for representing the interests of all class members in directing the litigation process.

RosenLawFirm, ChargePoint, Deadline