Press release
Investigation announced for Investors in Clarivate Plc (NYSE: CLVT) over potential Wrongdoing
An investigation on behalf of current long term investors in Clarivate Plc (NYSE: CLVT) shares.
Investors who are current long term investors in Clarivate Plc (NYSE: CLVT) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: CLVT stocks follows a lawsuit filed against Clarivate Plc over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: CLVT stocks, concerns whether certain Clarivate directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges that, 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:
Christopher Clausen
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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