CCC Investor Alert - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Clarivate Plc Investigation

NEW YORK, NY / ACCESSWIRE / October 29, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Clarivate Plc("Clarivate" or "the Company") (NYSE:CCC). Investors who purchased Clarivate securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/ccc.

The investigation concerns whether Clarivate and certain of its officers and/or directors have violated federal securities laws.

On October 29, 2020, Clarivate announced its financial and operating results for the third quarter of 2019. Among other results, Clarivate announced non-GAAP earnings per share ("EPS") of -$0.14, missing estimates by $0.01; GAAP EPS of -$0.10, missing estimates by $0.09; and revenue of $286.5 million, missing estimates by $10.35 million. On this news, Clarivate's stock price fell $1.82 per share, or 6.09%, to close at $28.08 per share on October 29, 2020.

If you are aware of any facts relating to this investigation, or purchased Clarivate shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/ccc. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC