INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against Clover Health Investments, Corp.

By Benzinga8 days ago

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The law firm of Kirby McInerney LLP announces 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.

The lawsuit alleges that throughout the Class Period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (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; ...

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