Citrix Systems, Inc. Loss Submission Form

Company: Citrix Systems, Inc.

Ticker: (NASDAQ) CTXS

Deadline

Passed

Lead Plaintiff Deadline: January 18, 2022

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Allegations

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. As a result of Defendants’ misrepresentations, Citrix common stock traded at artificially inflated prices during the Class Period.