A Deadline is coming up on January 18, 2022 in the lawsuit for certain investors in Citrix Systems, Inc. (NASDAQ:CTXS) and Citrix Systems, Inc. (NASDAQ:CTXS) stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 01/18/2022 -- A deadline is coming up on January 18, 2022 in the lawsuit filed for certain investors of Citrix Systems, Inc. (NASDAQ: CTXS) over alleged securities laws violations by Citrix Systems, Inc.
Investors who purchased shares of Citrix Systems, Inc. (NASDAQ: CTXS) have certain options and there are strict and short deadlines running. Deadline: January 18, 2022. NASDAQ: CTXS 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 Southern District of Florida the plaintiff alleges on behalf of purchasers of Citrix Systems, Inc. (NASDAQ: CTXS) common shares between January 22, 2020 and October 6, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between January 22, 2020 and October 6, 2021, the Defendants repeatedly, falsely assured investors that the transition from on-premise to the cloud product was going smoothly. In addition, in response to the COVID-19 pandemic and the shift to remote work, Citrix created a shorter duration, on-premise subscription license (the "Business Continuity Licenses") that the Company offered at a discounted rate, and which Defendants claimed would transition to cloud accounts after the one-year license expired, and that as a result of Defendants' misrepresentations, Citrix common stock traded at artificially inflated prices between January 22, 2020 and October 6, 2021.
Those who purchased shares of Citrix Systems, Inc. (NASDAQ: CTXS) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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.