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Deadline on March 25th coming up in Lawsuit for Investors in Clarivate Plc (NYSE: CLVT)

03-14-2022 09:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on March 25, 2022 in the lawsuit for certain investors in Clarivate Plc (NYSE: CLVT).

A Deadline is coming up on March 25, 2022 in the lawsuit for certain investors in Clarivate Plc (NYSE: CLVT).

A deadline is coming up on March 25, 2022 in the lawsuit filed for certain investors of Clarivate Plc (NYSE: CLVT) over alleged securities laws violations by Clarivate Plc.

Investors who purchased shares of Clarivate Plc (NYSE: CLVT) have certain options and there are strict and short deadlines running. Deadline: March 25, 2022. Clarivate Plc (NYSE: CLVT) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges on behalf of purchasers of Clarivate Plc (NYSE: CLVT) common shares between February 26, 2021 and December 27, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 26, 2021 and December 27, 2021, the Defendants made false and/or misleading statements and/or failed to disclose that Clarivate maintained defective disclosure controls and procedures as a result of a material weakness in its internal control over financial reporting, that the foregoing material weakness was not limited to how the Company accounted for warrants, that as a result, Clarivate failed to properly account for an equity plan included in its acquisition of CPA Global, that accordingly, the Company was reasonably likely to restate one or more of its previously issued financial statements following its acquisition of CPA Global, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Clarivate Plc (NYSE: CLVT) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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