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Federal Securities Laws

All articles tagged with #federal securities laws

legalsecurities-fraud2 years ago•2 min saved

ChargePoint Faces Investigation and Stock Plunge Amid Bleak EV Adoption Trends

Glancy Prongay & Murray LLP has initiated an investigation into ChargePoint Holdings, Inc. on behalf of investors regarding potential violations of federal securities laws. This comes after ChargePoint released preliminary financial results for Q3 2023, revealing a significant drop in revenue and the immediate replacement of its CEO and CFO. As a result, ChargePoint's stock price plummeted by as much as 37%, causing harm to investors.

via Benzinga|

#chargepoint-holdings #federal-securities-laws #glancy-prongay-and-murray-llp

cryptocurrency-regulation2 years ago•2 min saved

Investor Caution Advised for Crypto Asset Securities by US SEC and FASB.

The US Securities and Exchange Commission (SEC) has cautioned investors to be careful when investing in crypto asset securities, warning that platforms offering crypto trading may not be complying with federal securities statutes. The SEC has previously attempted to demonstrate that many crypto exchanges are operating as unregistered securities exchanges in the US. The regulator's warning comes the day after Coinbase disclosed the SEC issued it a Wells Notice indicating a possible imminent enforcement action tied to the exchange listing of potentially unregistered securities.

via CoinDesk|

#coinbase #crypto-exchanges #crypto-securities