NEW YORK, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of ChargePoint Holdings, Inc. ("ChargePoint" or the "Company") (NYSE:CHPT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether ChargePoint and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On September 6, 2023, after the market closed, ChargePoint reported its second quarter fiscal year 2024 financial results, including an "$28.0 million, or 19 percentage point, inventory impairment charge." The Company stated that the "inventory impairment charge was taken to address legacy supply chain-related costs and supply overruns on ...