{"id":450226,"date":"2021-03-03T19:03:19","date_gmt":"2021-03-04T00:03:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=450226"},"modified":"2021-03-03T19:03:19","modified_gmt":"2021-03-04T00:03:19","slug":"breaking-alert-rosen-a-leading-law-firm-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-to-secure-counsel-before-important-deadline","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-alert-rosen-a-leading-law-firm-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-to-secure-counsel-before-important-deadline\/","title":{"rendered":"BREAKING ALERT: ROSEN, A LEADING LAW FIRM, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III Investors to Secure Counsel Before Important Deadline \u2013 CLOV, CLOVW, IPOC"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, March  03, 2021  (GLOBE NEWSWIRE) &#8212; <strong>WHY:<\/strong> Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III (NASDAQ: CLOV, CLOVW) (NYSE: IPOC) who: (1) purchased or otherwise acquired publicly traded Clover securities between October 6, 2020 and February 4, 2021, inclusive (the \u201cClass Period\u201d); and\/or (2) purchased or otherwise acquired Clover securities pursuant or traceable to the registration statement and prospectus issued in connection with the December 2020 merger of Clover and Social Capital III of the important <strong>April 6, 2021 lead plaintiff deadline<\/strong>.<\/p>\n<p align=\"justify\">\n        <strong>SO WHAT:<\/strong> If you purchased Clover securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n<p align=\"justify\">\n        <strong>WHAT TO DO NEXT: <\/strong>To join the Clover class action, go to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=u8lpnAc38VYmhssmMXgxPsvESPnFbyyBvYiqaFXV46Su2axpoQTG8TG4tBclZxUQxoIwGIkMtqLRhuBxxLVF_D4yT2KAPejQgqdOi0BW11i-s0vlXMLARWNa6MfoBAZvAEXCYjaKF0r1bY6_96_82dxHmvn4nSwmVUuR4uKuEqA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.rosenlegal.com\/cases-register-2030.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fa1eYT-9h-dNQGbc4teZ1oAwNHgLpIU5aoIiXpidX9kADq1rZvElXRQ1H1ZRP_TEi1OGvJbxhRMRSb6WdXfnocL85kmaz86OGvCwqZk7duM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Rs44Mgjw_VNvVTjntWYZmTG9KMSgSCLhHbX3kOaDu2WsmIY6Z0-RAKmOa-X_Zg-8F4HCGiNgK3VP7TTO8gFe5LbUoGqhghwiZOVxYIQ1cqQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a> for information on the class action. If you wish to serve as lead plaintiff, you must move the Court <strong>no later than April 6, 2021<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n<p align=\"justify\">\n        <strong>WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n<p align=\"justify\">\n        <strong>DETAILS OF THE CASE: <\/strong>According to the lawsuit, defendants throughout the Class Period and in the registration statement made false and\/or misleading statements and\/or failed to disclose that: (1) Clover\u2019s Clover Assistant platform was under active investigation by the Department of Justice (\u201cDOJ\u201d) for at least 12 issues ranging from kickbacks to marketing practices to undisclosed third-party deals; (2) the DOJ\u2019s investigation presented an existential risk to the Company, since it derives most of its revenues from Medicare; (3) Clover\u2019s sales were driven by a major undisclosed related party deal and misleading marketing targeting the elderly, not its purported \u201cbest-in-class\u201d technology; (4) a significant portion of Clover\u2019s sales were by way of an undisclosed relationship between Clover and an outside brokerage firm controlled by Clover\u2019s Head of Sales; and (5) as a result, defendants\u2019 statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n<p align=\"justify\">To join the Clover class action, go to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=u8lpnAc38VYmhssmMXgxPsvESPnFbyyBvYiqaFXV46Su2axpoQTG8TG4tBclZxUQgis5T59sSRtWaaTx4DbKyS5iYjIPo2PHY_vF-6gY81nYGDt24KoeAB7HCSR6OtELwIUVK5rHAWFGgycCGF6CiJnvGxSyx6mCFLIk14pN1No=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.rosenlegal.com\/cases-register-2030.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fa1eYT-9h-dNQGbc4teZ1grY2UseTvL3yilwjNo5XQu6Lo651DEUKLeCW7tU_32UR649qpsAXVgaPAu4AdGPBdfVdysyULldKTr-TksqM4A=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Rs44Mgjw_VNvVTjntWYZmTKcMVFksL-mcxhrohriC-wK6mIB2FKCliJt_3K8qOYLmsye-RjIYnCfsedhEShdy1mJj0I7fvw8x1Xy7T9PwTE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a> for information on the class action<\/p>\n<p align=\"justify\">No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n<p align=\"justify\">Follow us for updates on LinkedIn: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6WW684sCdyZ6zaad0OKJ822eheuTxmYjXsRPSqm_IoY70X_em8Q7dXSCmkrkTpcfd-2-_-zjmHmn3Xyunqba9hMcavTCimiTKef4dLLWiFNC4IYRZEXZVvi9-UPb1ASe66dBTMCCel77CwmHnEWL7h0JLCsaFSHDbCVaPRvnixc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a> or on Twitter: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6WW684sCdyZ6zaad0OKJ83hbLMwLkNgEy62kAdOYS8XEu4Kbi_zOD_ixh22BcMGMYteAOTuuqWh_nCE99EGq0d-anHZUdoa1IEobLxJD1jeWQiwwUA7qkctzuMg7kI6e\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6WW684sCdyZ6zaad0OKJ85R_tkC1qOJU7AZizzyRLLXAvaa645rv__GIhvRsaYRB7g2h9fkA7p4wqq38lGChaofgKYhlyNk4O2GEjMaAU44M6HE63vsJca48gd_w02B0\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.facebook.com\/rosenlawfirm<\/a>.<\/p>\n<p align=\"justify\">Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p align=\"justify\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p align=\"justify\">Contact Information:<\/p>\n<p align=\"justify\">Laurence Rosen, Esq.<br \/>Phillip Kim, Esq.<br \/>The Rosen Law Firm, P.A.<br \/>275 Madison Avenue, 40<sup>th<\/sup> Floor<br \/>New York, NY 10016<br \/>Tel: (212) 686-1060<br \/>Toll Free: (866) 767-3653<br \/>Fax: (212) 202-3827<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8CKzSlbkQwlpgTxvQxoKQiNAYl6nEVLsZnzp_n__wuqmIYLBiaINNgoKlOrXzBDU7BAUUApb3ZTlF4sZrVwODhDiUSfVFEwBL7E81f9GW94=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">lrosen@rosenlegal.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fa1eYT-9h-dNQGbc4teZ1uyn5tfw1gV-0z60SjeeVwJ5R_le_2jkJP_Z1qfRsnUUdtL6BsArmvGJeG2fZ0paYRIAxAuZ1P0J5cIFtQKyBxk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Rs44Mgjw_VNvVTjntWYZmf1tJBuTN_lWZivrfazDAiob1iS1bT45S6fs5eFipELMwYhPsKsZ3GxOslkL5hhACv3uUlYTWIuPSGNa31Q47-c=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rqdHBF5goahjz7zS7zWI27LSxQiXhRr9oBcsUckiaBikBgA0ErR4SVwfw-72r1OF11mfMn0n4nrd22-D18dZA8OIMJOGEHeQWa7TjLVI7A8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.rosenlegal.com<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NDA5MSM0MDQ3NTY5IzIwMjA0MTE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/d795bf95-52f0-480f-9e71-4456500a2e7a\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) &#8212; WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III (NASDAQ: CLOV, CLOVW) (NYSE: IPOC) who: (1) purchased or otherwise acquired publicly traded Clover securities between October 6, 2020 and February 4, 2021, inclusive (the \u201cClass Period\u201d); and\/or (2) purchased or otherwise acquired Clover securities pursuant or traceable to the registration statement and prospectus issued in connection with the December 2020 merger of Clover and Social Capital III of the important April 6, 2021 lead plaintiff deadline. SO WHAT: If you purchased Clover securities during the Class Period you may be entitled to compensation without &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-alert-rosen-a-leading-law-firm-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-to-secure-counsel-before-important-deadline\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BREAKING ALERT: ROSEN, A LEADING LAW FIRM, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III Investors to Secure Counsel Before Important Deadline \u2013 CLOV, CLOVW, IPOC&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-450226","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BREAKING ALERT: ROSEN, A LEADING LAW FIRM, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III Investors to Secure Counsel Before Important Deadline \u2013 CLOV, CLOVW, IPOC - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-alert-rosen-a-leading-law-firm-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-to-secure-counsel-before-important-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BREAKING ALERT: ROSEN, A LEADING LAW FIRM, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III Investors to Secure Counsel Before Important Deadline \u2013 CLOV, CLOVW, IPOC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) &#8212; WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III (NASDAQ: CLOV, CLOVW) (NYSE: IPOC) who: (1) purchased or otherwise acquired publicly traded Clover securities between October 6, 2020 and February 4, 2021, inclusive (the \u201cClass Period\u201d); and\/or (2) purchased or otherwise acquired Clover securities pursuant or traceable to the registration statement and prospectus issued in connection with the December 2020 merger of Clover and Social Capital III of the important April 6, 2021 lead plaintiff deadline. SO WHAT: If you purchased Clover securities during the Class Period you may be entitled to compensation without &hellip; Continue reading &quot;BREAKING ALERT: ROSEN, A LEADING LAW FIRM, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III Investors to Secure Counsel Before Important Deadline \u2013 CLOV, CLOVW, IPOC&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-alert-rosen-a-leading-law-firm-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-to-secure-counsel-before-important-deadline\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-04T00:03:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NDA5MSM0MDQ3NTY5IzIwMjA0MTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/breaking-alert-rosen-a-leading-law-firm-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-to-secure-counsel-before-important-deadline\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/breaking-alert-rosen-a-leading-law-firm-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-to-secure-counsel-before-important-deadline\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BREAKING ALERT: ROSEN, A LEADING LAW FIRM, Encourages Clover Health Investments, Corp. f\\\/k\\\/a Social Capital Hedosophia Holdings Corp. 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III Investors to Secure Counsel Before Important Deadline \u2013 CLOV, CLOVW, IPOC - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-alert-rosen-a-leading-law-firm-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-to-secure-counsel-before-important-deadline\/","og_locale":"en_US","og_type":"article","og_title":"BREAKING ALERT: ROSEN, A LEADING LAW FIRM, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III Investors to Secure Counsel Before Important Deadline \u2013 CLOV, CLOVW, IPOC - Market Newsdesk","og_description":"NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) &#8212; WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III (NASDAQ: CLOV, CLOVW) (NYSE: IPOC) who: (1) purchased or otherwise acquired publicly traded Clover securities between October 6, 2020 and February 4, 2021, inclusive (the \u201cClass Period\u201d); and\/or (2) purchased or otherwise acquired Clover securities pursuant or traceable to the registration statement and prospectus issued in connection with the December 2020 merger of Clover and Social Capital III of the important April 6, 2021 lead plaintiff deadline. 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III Investors to Secure Counsel Before Important Deadline \u2013 CLOV, CLOVW, IPOC\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-alert-rosen-a-leading-law-firm-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-to-secure-counsel-before-important-deadline\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-04T00:03:19+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NDA5MSM0MDQ3NTY5IzIwMjA0MTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-alert-rosen-a-leading-law-firm-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-to-secure-counsel-before-important-deadline\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/breaking-alert-rosen-a-leading-law-firm-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-to-secure-counsel-before-important-deadline\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"BREAKING ALERT: ROSEN, A LEADING LAW FIRM, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. 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