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Los Angeles - (NewMediaWire) - February 10, 2022 - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit againstClarivate Plc (“Clarivate” or “the Company”) (NYSE: CLVT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between February 26, 2021 and December 27, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before March 25, 2022.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Clarivate failed to maintain appropriate controls over financial reporting. The Company’s weak controls extended beyond how it accounted for warrants. The Company failed to use proper accounting for the equity plan related to its acquisition of CPA Global. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Clarivate, investors suffered damages.
(NewMediaWire) - February 10, 2022 - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Clarivate Plc (“Clarivate” or “the Company”) (NYSE: CLVT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
