SHAREHOLDER ALERT: The Gross Law Firm 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. – November 29, 2021) – Securities litigation law firm, The Gross Law Firm, issues the following notice on behalf of the shareholders of Citrix Systems, Inc. (NASDAQ: CTXS).
Shareholders who have acquired shares in CTXS during the listed collection period are encouraged to contact the company regarding a possible appointment as lead plaintiff. The appointment as lead plaintiff is not required to participate in a recovery.
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CLASS PERIOD: January 22nd, 2020 to October 6th, 2021
ALLEGES: The complaint alleges that during the classroom, defendants made materially false and / or misleading statements and / or failed to disclose: The transition from on-premises 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.
END: January 18, 2022 Shareholders should not hesitate to sign up for this class action. Register your information here: https://securitiesclasslaw.com/securities/citrix-systems-inc-loss-submission-form/?id=21700&from=5
NEXT STEPS FOR SHAREHOLDERS: Once you have registered as a shareholder who has bought shares in CTXS during the above period, you will be included in portfolio monitoring software that will provide you with status updates throughout the life cycle of the case. The deadline for filing as a lead plaintiff is January 18, 2022. You will not incur any cost or obligation to participate in these proceedings.
WHY BRUTTO LAW? Gross Law Firm is a nationally recognized class action law firm and our mission is to protect the rights of all investors who have suffered from fraud, fraud and illegal business practices. The law firm Gross is committed to ensuring that companies adhere to responsible business practices and participate in good corporate citizenship. The Company seeks reparation on behalf of investors who have suffered losses when false and / or misleading disclosure or failure to provide material information by a company results in artificial inflation of the Company’s shares. Lawyer advertising. Previous results do not guarantee similar results.
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The law firm Gross is committed to ensuring that companies adhere to responsible business practices and participate in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and / or misleading information or failure to provide material information by a company results in artificial inflation of the company’s shares. Lawyer advertising. Previous results do not guarantee similar results.
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