Recent Security Class Actions

CHARGE ENTERPRISES INC. (US TRADING VENUE: CRGE)

Company Name:CHARGE ENTERPRISES INC.
Stock Symbol:US TRADING VENUE: CRGE
Class Period Start:10/28/2021
Class Period End (inclusive):02/28/2024
Filing Deadline:07/29/2024

The Complaint alleges that during the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants issued materially false and misleading statements regarding the nature of Charge’s relationship with KORR Acquisitions, the degree of control that KORR Acquisitions exercised over Charge assets that were “critical” to the Company’s liquidity, and the nature of the investments that KORR Acquisitions held on the Company’s behalf, as well as materially false and misleading statements about the Company’s risk policies, procedures, and compliance oversight functions, exposing the Company and its investors to substantial losses.