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Lawsuits Filed Against Swi, Tcda and Clov - Jakubowitz Law Pursues Shareholders Claims

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NEW YORK, NY / ACCESSWIRE / February 17, 2021 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods ... Jakubowitz Law

NEW YORK, NY / ACCESSWIRE / February 17, 2021 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

SolarWinds Corporation (NYSE:SWI)

CONTACT JAKUBOWITZ ABOUT SWI:
https://claimyourloss.com/securities/solarwinds-corporation-loss-submission-form/?id=12962&from=1

Class Period : October 18, 2018 - December 17, 2020

Lead Plaintiff Deadline : March 5, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds' update server had an easily accessible password of ‘solarwinds123'; (3) consequently, SolarWinds' customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; (4) as a result, the Company would suffer significant reputational harm; and (5) as a result, Defendants' statements about SolarWinds's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Tricida, Inc. (NASDAQ:TCDA)

CONTACT JAKUBOWITZ ABOUT TCDA:
https://claimyourloss.com/securities/tricida-inc-loss-submission-form/?id=12962&from=1

Class Period : September 4, 2019 - October 28, 2020

Lead Plaintiff Deadline : March 8, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Tricida's NDA for veverimer was materially deficient; (ii) accordingly, it was foreseeably likely that the FDA would not accept the NDA for veverimer; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Clover Health Investments, Corp. (NASDAQ:CLOV)

CONTACT JAKUBOWITZ ABOUT CLOV:
https://claimyourloss.com/securities/clover-health-investments-corp-loss-submission-form/?id=12962&from=1

Class Period : October 6, 2020 - February 3, 2021

Lead Plaintiff Deadline : April 6, 2021

The filed complaint alleges that defendants made 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; (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.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE: Jakubowitz Law



View source version on accesswire.com:
https://www.accesswire.com/630417/Lawsuits-Filed-Against-Swi-Tcda-and-Clov--Jakubowitz-Law-Pursues-Shareholders-Claims