The Law Offices of Frank R. Cruz announces an investigation of ChargePoint Holdings, Inc. (“ChargePoint” or the “Company”) (NYSE: CHPT) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On November 16, 2023, after the market closed, ChargePoint released preliminary financial results for third quarter 2023, disclosing that revenue had fallen to “$108 million to $113 million, as compared to $150 to $165 million as previously expected.” The Company also announced that it would be replacing both its CEO and CFO, effective immediately.
On this news, ChargePoint’s stock price fell as much as 37% during intraday trading on November 17, 2023, thereby injuring investors.
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If you purchased ChargePoint securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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