Case Background
This is a federal securities class action lawsuit on behalf of those who purchased or acquired Clarivate Plc (“Clarivate”) (NYSE: CLVT; CLVT PR A) (1) common stock in the public offering on or about June 10, 2021; (2) 5.25% Series A Mandatory Convertible Shares in the public offering on or about June 10, 2021; (3) common stock in the public offering on or about September 13, 2021; and/or (4) common stock between July 30, 2020 and February 2, 2022, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) since taking over Clarivate, Defendants had not invested in new products and the quality of existing products declined; (2) Defendants arbitrarily raised prices on Clarivate’s customers resulting in lost sales; (3) Defendants were aware that Clarivate was experiencing weakening sales and its organize revenues were not on track to grow at the rate they touted; and (4) as a result, Clarivate’s public statements were materially false and misleading at all relevant times.
Current Status of Case:
On July 14, 2023, Lead Plaintiffs filed an Amended Complaint. On September 5, 2025, Defendants filed a letter to the Court asking it to dismiss the Complaint. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453 or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.