Citrix Systems, Inc. Class Action Lawsuit - CTXS

Company
Citrix Systems, Inc. (NASDAQ: CTXS)
Lead Plaintiff Deadline
January 18, 2022 (Expired)
Class Period
January 22, 2020 - October 6, 2021

Expired

Lead Plaintiff Deadline

Jan 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.

Eligibility

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

Lead Plaintiff Deadline

If you suffered a loss in Citrix during the relevant time frame or pursuant to the relevant offering(s), you have until January 18, 2022 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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