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Stock impact report

INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Clover Health Investments, Corp. and Encourages Investors to Contact the Firm Befor...

Clover Health Investments, Corp. - Class A Common stock (CLOV) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Middle District of Tennessee on behalf of those who acquired Clover Health Investments, Corp. (“Clover” or the “Company”) (NASDAQ: CLOV) securities from October 6, 2020 through February 3, 2021 (the “Class Period”). Investors have until April 6, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.On January 7, 2021, Clover merged with SPAC Social Capital Hedosophia Holdings Corp. III and began to trade under the symbol CLOV on NASDAQ. On February 4, 2021, Hindenburg Research issued a report stating that prior to the merger, Clover had been under active investigation by the U.S. Department of Justice for issues ranging from kickbacks to marketing practices to undisclosed third-party deals. Clover did not reveal that it was under active investigation by the DOJ. On this news, the price of Clover’s share Show less Read more
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