Blink Charging derivative suit settlement gets preliminary OK; governance reforms, $553,750 fees

Blink Charging Co.

Preliminary approval granted Aug 15, 2025; final fairness hearing set for Oct 27, 2025 in Clark County, NV.
Company to adopt and maintain corporate governance reforms for at least 4 years.
Insurer to pay $553,750 in attorneys' fees and expenses; up to $2,000 service awards per plaintiff.
Director defendants make no payment and deny all allegations of wrongdoing or liability.
Derivative suits related to 2020-2022 statements; underlying securities class action settled Oct 2024.

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