{"id":464397,"date":"2021-03-24T11:51:45","date_gmt":"2021-03-24T15:51:45","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=464397"},"modified":"2021-03-24T11:51:45","modified_gmt":"2021-03-24T15:51:45","slug":"deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\/","title":{"rendered":"DEADLINE: Zhang Investor Law Alerts Investors of April 6 Deadline in Securities Class Action Lawsuit Against Clover Health Investments, Corp. \u2013 CLOV, CLOVW, IPOC"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, March  24, 2021  (GLOBE NEWSWIRE) &#8212; Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares 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.<\/p>\n<p>To join the class action, go to\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rXJrmb3S0V0XFTmBtsmJe1t-HPzL31kwX7CJU67SFpjzqC1e2h-W1tiK2Qg-1l3S0D2V7RdInPVhZqACbUhPXP7vUVvx3eNUH0dYhYAxkPq0WrPnIShKaydFcpc44zc0BnUauXIwf2Iy0yxDGA7vq8-Pa_Cug4yiKVWQakp3VSFTFdnoQE1F8F3sVmfe9rnmOHcG8PiIZJJ7GUkrbZSibI9Sbb840W011fhSMYZbQ_w5hIiFaU4GNidP7w7Reoo3F4uCHcfYMH4xMV6etZ7EXw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/zhanginvestorlaw.com\/join-action-form\/?slug=clover-health-investments-corp&amp;id=2582<\/a> or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kx3AQ38UgkJfFgIS5jHliSe7Iq4a5opr8o_DuK0rdzMh0xVyDBTEIeYLcl3xSoUlJZZ6b-aBV9swpoEAtgpy32dXXdsZpvAVtzXD89IcwxA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@zhanginvestorlaw.com<\/a>\u00a0for information on the class action.<\/p>\n<p>\u5982\u679c\u60a8\u60f3\u52a0\u5165\u8fd9\u4e2a\u96c6\u4f53\u8bc9\u8bbc\u6848\uff0c\u8bf7\u5728\u8fd9\u91cc\u63d0\u4ea4\u60a8\u7684\u4fe1\u606f\u3002<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rXJrmb3S0V0XFTmBtsmJe1t-HPzL31kwX7CJU67SFpjzqC1e2h-W1tiK2Qg-1l3S0D2V7RdInPVhZqACbUhPXP7vUVvx3eNUH0dYhYAxkPq0WrPnIShKaydFcpc44zc0D_z6py8q3nN1xXeQBrKAScr_Cn9L1x-uEMOMq37y_asikdkqXvwNmpxgwBjjFoHKctU6e0mMU3EjtBDm4mB-Xuj-9RFm2F2QiAB0eC-aku7RkD0eAqGWIvnn1RZ9Ij8f8kFllSdLrdiQSRhKyl_iEw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/zhanginvestorlaw.com\/join-action-form\/?slug=clover-health-investments-corp&amp;id=2582<\/a><\/p>\n<p>If you wish to serve as lead plaintiff, you must move the Court before the <strong>April 6, 2021 DEADLINE.<\/strong>\u00a0 A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.\u00a0<\/p>\n<p>According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: Clover\u2019s was under active investigation by the Department of Justice for at least 12 issues ranging from kickbacks to marketing practices to undisclosed third-party deals; the DOJ\u2019s investigation presented an existential risk to the Company, since it derives most of its revenues from Medicare; 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; a significant portion of Clover sales were by way of an undisclosed relationship between Clover and an outside brokerage firm controlled by Clover\u2019s Head of Sales; and 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.<\/p>\n<p>Lead plaintiff status is not required to seek compensation.\u00a0 You may retain counsel of your choice.\u00a0 You may remain an absent class member and take no action at this time.<\/p>\n<p>Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>Zhang Investor Law P.C.<br \/>99 Wall Street, Suite 232<br \/>New York, New York 10005<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kx3AQ38UgkJfFgIS5jHliSe7Iq4a5opr8o_DuK0rdzPQZ1HjmQ8yAsSyyBJ03-Diis8mqAvNbrieTb7BsG3DjRTa7z01s4z7CSIgLt7GmLM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@zhanginvestorlaw.com<\/a><br \/>tel: (800) 991-3756<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwNTgwNyM0MDkwMDEwIzUwMDA1MzY0MQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/391d9131-5613-4fe4-adb0-426542d203af\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 24, 2021 (GLOBE NEWSWIRE) &#8212; Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares 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. To join the class action, go to\u00a0http:\/\/zhanginvestorlaw.com\/join-action-form\/?slug=clover-health-investments-corp&amp;id=2582 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email\u00a0info@zhanginvestorlaw.com\u00a0for information on the class action. \u5982\u679c\u60a8\u60f3\u52a0\u5165\u8fd9\u4e2a\u96c6\u4f53\u8bc9\u8bbc\u6848\uff0c\u8bf7\u5728\u8fd9\u91cc\u63d0\u4ea4\u60a8\u7684\u4fe1\u606f\u3002http:\/\/zhanginvestorlaw.com\/join-action-form\/?slug=clover-health-investments-corp&amp;id=2582 If you wish to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DEADLINE: Zhang Investor Law Alerts Investors of April 6 Deadline in Securities Class Action Lawsuit Against Clover Health Investments, Corp. \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-464397","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>DEADLINE: Zhang Investor Law Alerts Investors of April 6 Deadline in Securities Class Action Lawsuit Against Clover Health Investments, Corp. \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\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DEADLINE: Zhang Investor Law Alerts Investors of April 6 Deadline in Securities Class Action Lawsuit Against Clover Health Investments, Corp. \u2013 CLOV, CLOVW, IPOC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 24, 2021 (GLOBE NEWSWIRE) &#8212; Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares 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. To join the class action, go to\u00a0http:\/\/zhanginvestorlaw.com\/join-action-form\/?slug=clover-health-investments-corp&amp;id=2582 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email\u00a0info@zhanginvestorlaw.com\u00a0for information on the class action. \u5982\u679c\u60a8\u60f3\u52a0\u5165\u8fd9\u4e2a\u96c6\u4f53\u8bc9\u8bbc\u6848\uff0c\u8bf7\u5728\u8fd9\u91cc\u63d0\u4ea4\u60a8\u7684\u4fe1\u606f\u3002http:\/\/zhanginvestorlaw.com\/join-action-form\/?slug=clover-health-investments-corp&amp;id=2582 If you wish to &hellip; Continue reading &quot;DEADLINE: Zhang Investor Law Alerts Investors of April 6 Deadline in Securities Class Action Lawsuit Against Clover Health Investments, Corp. \u2013 CLOV, CLOVW, IPOC&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-24T15:51:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwNTgwNyM0MDkwMDEwIzUwMDA1MzY0MQ==\" \/>\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=\"2 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\\\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"DEADLINE: Zhang Investor Law Alerts Investors of April 6 Deadline in Securities Class Action Lawsuit Against Clover Health Investments, Corp. \u2013 CLOV, CLOVW, IPOC\",\"datePublished\":\"2021-03-24T15:51:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\\\/\"},\"wordCount\":392,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIwNTgwNyM0MDkwMDEwIzUwMDA1MzY0MQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\\\/\",\"name\":\"DEADLINE: Zhang Investor Law Alerts Investors of April 6 Deadline in Securities Class Action Lawsuit Against Clover Health Investments, Corp. \u2013 CLOV, CLOVW, IPOC - 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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\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\/","og_locale":"en_US","og_type":"article","og_title":"DEADLINE: Zhang Investor Law Alerts Investors of April 6 Deadline in Securities Class Action Lawsuit Against Clover Health Investments, Corp. \u2013 CLOV, CLOVW, IPOC - Market Newsdesk","og_description":"NEW YORK, March 24, 2021 (GLOBE NEWSWIRE) &#8212; Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares 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. To join the class action, go to\u00a0http:\/\/zhanginvestorlaw.com\/join-action-form\/?slug=clover-health-investments-corp&amp;id=2582 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email\u00a0info@zhanginvestorlaw.com\u00a0for information on the class action. \u5982\u679c\u60a8\u60f3\u52a0\u5165\u8fd9\u4e2a\u96c6\u4f53\u8bc9\u8bbc\u6848\uff0c\u8bf7\u5728\u8fd9\u91cc\u63d0\u4ea4\u60a8\u7684\u4fe1\u606f\u3002http:\/\/zhanginvestorlaw.com\/join-action-form\/?slug=clover-health-investments-corp&amp;id=2582 If you wish to &hellip; Continue reading \"DEADLINE: Zhang Investor Law Alerts Investors of April 6 Deadline in Securities Class Action Lawsuit Against Clover Health Investments, Corp. \u2013 CLOV, CLOVW, IPOC\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-24T15:51:45+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwNTgwNyM0MDkwMDEwIzUwMDA1MzY0MQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"DEADLINE: Zhang Investor Law Alerts Investors of April 6 Deadline in Securities Class Action Lawsuit Against Clover Health Investments, Corp. \u2013 CLOV, CLOVW, IPOC","datePublished":"2021-03-24T15:51:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\/"},"wordCount":392,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwNTgwNyM0MDkwMDEwIzUwMDA1MzY0MQ==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-zhang-investor-law-alerts-investors-of-april-6-deadline-in-securities-class-action-lawsuit-against-clover-health-investments-corp-clov-clovw-ipoc\/","name":"DEADLINE: Zhang Investor Law Alerts Investors of April 6 Deadline in Securities Class Action Lawsuit Against Clover Health Investments, Corp. \u2013 CLOV, CLOVW, IPOC - 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