SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Citrix Systems, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 18, 2022

New York, New York – (Newsfile Corp. – Nov. 27, 2021) – The following statement is issued by Levi & Korsinsky, LLP:

To: Any person or entity who purchased or otherwise acquired securities of Citrix Systems, Inc. (“Citrix”) (NASDAQ: CTXS) between January 22, 2020 and October 6, 2021. You are hereby notified that a securities class action lawsuit has been initiated in the United States District Court for the Southern District of Florida. For more information go to:

Citrix Systems, Inc. Loss Submission Form

or contact Joseph E. Levi, Esq. either by email at jlevi@levikorsinsky.com or by phone at (212) 363-7500. There are no costs or obligations for you.

Citrix Systems, Inc. NEWS – CTXS NEWS

CASE DETAILS: According to the complaint submitted, the transition from on-premise to cloud product went smoothly. Additionally, in response to the COVID-19 pandemic and the shift to remote work, Citrix created a reduced-term on-site subscription license (the “Business Continuity Licenses”) that the company offered at a discounted rate that the Defendants alleged that they would switch to cloud accounts after the one-year license expires. As a result of Defendants’ misrepresentations, Citrix common stock traded at artificially inflated prices during the class action period.

WHAT THIS MEANS TO SHAREHOLDERS: If you have suffered a loss at Citrix, you can apply until January 18, 2022 for the court to appoint you as the lead plaintiff. Your ability to partake in a recovery does not require you to be the lead plaintiff.

NO CHARGE TO YOU: If you purchased Citrix securities between January 22, 2020 and October 6, 2021, you may be entitled to compensation with no out-of-pocket expenses or fees.

PROTECT YOUR FINANCIAL INTERESTS: Fill out this short submission form https://www.zlk.com/pslra-1/citrix-systems-inc-loss-submission-form?prid=21576&wire=5 or call 212-363- 7500 to discuss the case with Joseph E. Levi, Esq.

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WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven record of winning hundreds of millions of dollars worth of cases for shareholders over a period of 20 years. We represent and fight for shareholders who have been disadvantaged by companies.

Levi & Korsinsky is a nationally recognized law firm with offices in New York, California, Connecticut and Washington, DC. The firm’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients for nearly 20 years and have had remarkable results for clients in the US and internationally. The company, with more than 80 employees, is committed to promoting, nurturing and maintaining a culture of diversity, equality and inclusion for employees and those we represent. Our attorneys have extensive experience representing investors in securities disputes with a track record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was ranked one of the leading securities litigation firms in the United States in the SCAS Top 50 Report by Institutional Shareholder Services (“ISS”) for 7 consecutive years. The SCAS Top 50 Report identifies the leading securities law firms in the country, and year on year ISS has recognized Levi & Korsinsky as the leading law firm in securities class action.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105376

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