NEW YORK, Feb. 1, 2022/PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Clarivate Plc (NYSE: CLVT) alleging that the Company violated federal securities laws.
Class Period: February 26, 2021 to December 27, 2021
Lead Plaintiff Deadline: March 25, 2022
No obligation or cost to you.
Learn more about your recoverable losses in CLVT:
https://www.kleinstocklaw.com/pslra-1/clarivate-plc-loss-submission-form?id=22732&from=4
Clarivate Plc NEWS - CLVT NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Clarivate Plc made materially false and/or misleading statements and/or failed to disclose that: (i) Clarivate maintained defective disclosure controls and procedures as a result of a material weakness in its internal control over financial reporting; (ii) the foregoing material weakness was not limited to how the Company accounted for warrants; (iii) as a result, Clarivate failed to properly account for an equity plan included in its acquisition of CPA Global, a global leader in Intellectual Property software and tech-enabled services; (iv) accordingly, the Company was reasonably likely to restate one or more of its previously issued financial statements following its acquisition of CPA Global; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Clarivate you have until March 25, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Clarivate securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the CLVT lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this https://www.kleinstocklaw.com/pslra-1/clarivate-plc-loss-submission-form?id=22732&from=4
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm
