February 19, 2021 - An amended consolidated complaint was filed.

August 24, 2020 - An investor in shares of Blink Charging Co. (NASDAQ: BLNK) filed a lawsuit in the U.S. District Court for the Southern District of Florida over alleged violations of Federal Securities Laws by Blink Charging Co. in connection with certain allegedly false and misleading statements made between March 6, 2020 and August 19, 2020.

Miami, FL based Blink Charging Co., through its subsidiaries, owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States.

On August 19, 2020, a report was published characterizing Blink Charging Co. as a scheme designed by Chairman and CEO Michael D. Farkas to pillage minority investors to the benefit of insiders. Among other issues, the reported opined that the Company has vastly exaggerated the size of its EV [electric vehicle] charging network, estimating that the Company's functional public charging station network consists of just 2,192 stations, a mere 15% of the 15,000 stations that Blink has claimed to operate. Shares of Blink Charging Co. (NASDAQ: BLNK) declined from $12.15 per share on August 14, 2020, to as low as $6.42 per share on August 20, 2020.

According to the complaint the plaintiff alleges on behalf of purchasers of Blink Charging Co. (NASDAQ: BLNK) common shares between March 6, 2020 and August 19, 2020, that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that between March 6, 2020 and August 19, 2020, the Defendants made false and/or misleading statements and/or failed to disclose that many of Blink’s charging stations are damaged, neglected, non-functional, inaccessible, nor non-accessible, that Blink’s purported partnerships and expansions with other companies were overstated, that the purported growth of the Company’s network has been overstated, and that as a result, the Company’s public statements were materially false and misleading at all relevant times.