---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-063975"
form_type: "8-K"
ticker: "CHPT"
cik: "0001777393"
company_name: "ChargePoint Holdings, Inc."
filed_at: "2026-09-30T20:10:46+00:00"
generated_at: "2026-10-12T14:04:57.261797+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ChargePoint to pay $11M cash to settle 2023 securities class action; no admission of wrongdoing

## Summary
- Term Sheet dated Sept 28, 2026 settles Farooq Khan v. ChargePoint Holdings, Inc. et al., No. 5:23-cv-06172-NW, in the U.S. District Court for the Northern District of California.
- ChargePoint will fund an $11,000,000 cash settlement payment, placed in escrow no later than 21 days after preliminary court approval or receipt of complete payment instructions.
- Settlement covers the company and individual defendants: former CEO Pasquale Romano, former CFO Rex Jackson and former Chief Commercial and Revenue Officer Michael Hughes; all deny wrongdoing.
- Company expects to execute a final Settlement Agreement and move for preliminary approval within 30 calendar days of signing the Term Sheet; the deal requires Court approval.

## SEC filing metadata
- accession: 0001628280-26-063975
- form_type: 8-K
- ticker: CHPT
- cik: 0001777393
- company_name: ChargePoint Holdings, Inc.
- filed_at: 2026-09-30T20:10:46+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1777393/000162828026063975/0001628280-26-063975-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1777393/000162828026063975/chpt-20260928.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-063975
- JSON: https://secwatch.observer/filing/0001628280-26-063975.json
- Plain text: https://secwatch.observer/filing/0001628280-26-063975.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.