Clover Health Investments, Corp. Class Action Lawsuit - CLOV

Company
Clover Health Investments, Corp. (NASDAQ: CLOV)
Lead Plaintiff Deadline
April 6, 2021 (Expired)
Class Period
October 6, 2020 - February 3, 2021

Expired

Lead Plaintiff Deadline

Apr 6, 2021

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Allegations

(i) Clover was the recipient of a Civil Investigative Demand from the DOJ; (ii) much of Clover’s sales are driven by a major related party deal that Clover not only failed to disclose but took active steps to conceal; (iii) Clover’s subsidiary Seek Insurance failed to disclose its relationship with Clover and misled consumers as to its purported independence; (iv) Clover’s software was in fact rudimentary; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Eligibility

In order to be eligible to join the CLOV class action lawsuit, you must have incurred a loss on shares of Clover purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Clover during the relevant time frame or pursuant to the relevant offering(s), you have until April 6, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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