ROSEN, A Leading Investor Firm, Alerts ChargePoint Holdings, Inc. Investors of Impending Deadline in Securities Class Action

NEW YORK, Jan. 18, 2024 —ROSEN Law Firm, renowned for advocating the rights of global investors, issues a reminder to those who acquired securities of ChargePoint Holdings, Inc. CHPT within the span extending from June 1, 2023, to November 16, 2023, that they must move to secure legal counsel ahead of the looming January 29, 2024 deadline. This notification is pursuant to the class action launched against ChargePoint Holdings, Inc. concerning allegations of violations of federal securities laws.

ChargePoint Holdings, Inc. Overview

Headquartered in Campbell, California, ChargePoint Holdings, Inc. operates at the forefront of electric vehicle technology, providing an extensive network of EV charging stations along with innovative charging solutions across the United States. The company has been instrumental in accommodating the escalating demand for electric vehicles, aiming to enhance the infrastructure critical to the evolution of the transportation sector.

The Allegations

The lawsuit alleges that throughout the class period, ChargePoint Holdings, Inc. CHPT made materially misleading and false statements regarding the company’s business, operations, and compliance policies. Specifically, the suit claims that the company failed to disclose pertinent information that was crucial for the investors, thereby negatively affecting their investments.

Legal Recourse for Investors

Investors who have been potentially affected by these allegations and have suffered losses due to the actions of ChargePoint Holdings, Inc. are encouraged to promptly contact ROSEN Law Firm to seek legal advice and secure their rights. The January 29, 2024 deadline marks a critical date for the submission of lead plaintiff applications, and it is imperative for injured investors to act swiftly.

ChargePoint’s Position in the Market

As a leader in the EV charging industry, ChargePoint Holdings, Inc. continues to expand its reach and services, despite facing litigation. The company's role in the burgeoning EV market makes it a notable entity for stakeholders and investors interested in environmentally-friendly and sustainable solutions within the automotive industry.

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