Roblox, Fisker, and ChargePoint Face Securities Class Action Lawsuits

Investors reminded to file lead plaintiff applications by late January amidst allegations of undisclosed material information.

Roblox Corporation, Fisker Inc., and ChargePoint Holdings, Inc. are facing securities class action lawsuits filed by Kahn Swick & Foti, LLC.
Investors who purchased or otherwise acquired the companies' shares during specific periods are reminded to file lead plaintiff applications by late January 2024.
Roblox is accused of having insufficient content controls and lacking user spending restrictions, leading to excessive, unauthorized purchases by younger users.
Fisker is charged with failing to disclose a loss of $91.0 million, a cut to its production forecast for the year, and material weaknesses in internal control over financial reporting.
ChargePoint is accused of failing to disclose a fall in revenue and an additional non-cash inventory impairment charge, as well as the replacement of both its CEO and CFO.