SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of ChargePoint Holdings, Inc. (CHPT)
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Nov 21, 2023, 2:30 PM ET
NEW YORK, NY / ACCESSWIRE / November 21, 2023 / Levi & Korsinsky notifies investors that it has commenced an investigation of ChargePoint Holdings, Inc. ("ChargePoint") (NYSE:CHPT) concerning possible violations of federal securities laws.
On November 17, 2023, revenue slumped to $108 million to $113 million for the quarter that ended last month, down from a year ago and well short of its guidance for at least $150 million. Pasquale Romano, who had been chief executive officer since 2011, and Chief Financial Officer Rex Jackson were replaced effective Thursday. The investigation pertains to whether executives at the company misrepresented or failed to timely disclose material and adverse information to investors. To obtain additional information, go to:
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
SOURCE: Levi & Korsinsky, LLP
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