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CTXS ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of January 18, 2022 in the Class Action Filed on Behalf of Citrix Systems, Inc. Limited Shareholders

Newsfile Corp.
·2-min read

New York, New York--(Newsfile Corp. - November 28, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Citrix Systems, Inc. (NASDAQ: CTXS) alleging that the Company violated federal securities laws.

Class Period: January 22, 2020 to October 6, 2021
Lead Plaintiff Deadline: January 18, 2022
No obligation or cost to you.

Learn more about your recoverable losses in CTXS:
https://www.kleinstocklaw.com/pslra-1/citrix-systems-inc-loss-submission-form?id=21616&from=5

Citrix Systems, Inc. NEWS - CTXS NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Citrix Systems, Inc. made materially false and/or misleading statements and/or failed to disclose that: 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.

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WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Citrix you have until January 18, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased Citrix securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.

HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the CTXS lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link.

ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105430