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Fundado el 20 de mayo de 2013

The Law Offices of Frank R. Cruz Announces Investigation of Blink Charging Co. (BLNK) on Behalf of Investors

LOS ANGELES–(BUSINESS WIRE)–$BLNK #classactionThe Law Offices of Frank R. Cruz announces an investigation on behalf of Blink Charging Co. (“Blink” or the “Company”) (NASDAQ: BLNK) investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On August 19, 2020, Culper Research issued a report alleging, among other things, that “the Company has vastly exaggerated the size of its EV charging network” and estimated that Blink’s “functional public charging station network consists of just 2,192 stations, a mere 15% of [the Company’s] claim.” Culper further alleged that its “investigators confirmed what Blink’s financials already suggest: almost no one uses Blink’s charging stations, many of which are in utterly decrepit condition.”

On this news, the Company’s share price fell as much as $1.50 per share, or 16%, during intraday trading on August 20, 2020.

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If you purchased Blink 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.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

The Law Offices of Frank R. Cruz, Los Angeles

Frank R. Cruz, 310-914-5007

fcruz@frankcruzlaw.com
www.frankcruzlaw.com