Legal

Investors Notified of Upcoming Deadline in Charge Enterprises Class Action Lawsuit

Published July 3, 2024

Glancy Prongay & Murray LLP ('GPM'), a premier national consumer rights law firm, has issued a reminder to investors about the critical deadline of July 29, 2024. This deadline is pertinent for investors hoping to be appointed as the lead plaintiff in a class-action lawsuit against Charge Enterprises, Inc. (CRGE).

Class Action Lawsuit Background

This lawsuit is open to investors who have purchased or otherwise acquired shares of Charge Enterprises between specific dates and who have been affected by the alleged securities laws violations by the firm. The legal action hinges on accusations of providing misleading business information to the investors, impacting the value of their investments in CRGE.

Details on Filing for the Lead Plaintiff Position

Applicants interested in serving as the principal plaintiff must move the court by the July deadline. It is crucial to note that this is not a mandatory action for shareholders, as they may remain an absent class member and still recover if there is a favorable outcome. The primary plaintiff selection by the court will be based on various factors, including financial losses and a demonstration of adequate representation for the class members.

Investors are urged to stay informed on their legal rights in connection with the class action suit against Charge Enterprises. GPM's notice is a call-to-action for potential lead plaintiffs to come forward before the deadline elapses.

Interested investors who have incurred losses from their Charge Enterprises investments are recommended to contact the firm to learn more about the litigation and the process of filing a lead plaintiff motion.

deadline, lawsuit, investors