{"id":469310,"date":"2021-03-31T21:30:33","date_gmt":"2021-04-01T01:30:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=469310"},"modified":"2021-03-31T21:30:33","modified_gmt":"2021-04-01T01:30:33","slug":"rosen-respected-investor-counsel-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-impo","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-impo\/","title":{"rendered":"ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III Investors With Losses in Excess of $100K to Secure Counsel Before Important Tuesday Deadline in Securities Class Action &#8211; CLOV, CLOVW, IPOC"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">March 31, 2021<\/span> \/PRNewswire\/ &#8212;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg\" title=\"Rosen Law Firm, P.A. Logo\" alt=\"Rosen Law Firm, P.A. Logo\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>WHY: <\/b>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 <span class=\"xn-chron\">October 6, 2020<\/span> and <span class=\"xn-chron\">February 4, 2021<\/span>, inclusive (the &#8220;Class Period&#8221;); and\/or (2) purchased or otherwise acquired Clover securities pursuant or traceable to the registration statement and prospectus issued in connection with the <span class=\"xn-chron\">December 2020<\/span> merger of Clover and Social Capital III\u00a0of the important <b><span class=\"xn-chron\">April 6, 2021<\/span> lead plaintiff deadline<\/b>.<\/p>\n<p>\n        <b>SO WHAT:<\/b>\u00a0If 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>\n        <b>WHAT TO DO NEXT: <\/b>To join the Clover class action, go to <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3115866-1&amp;h=2818759083&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2030.html&amp;a=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2030.html\" rel=\"nofollow noopener noreferrer\">http:\/\/www.rosenlegal.com\/cases-register-2030.html<\/a>\u00a0or call <span class=\"xn-person\">Phillip Kim, Esq.<\/span> toll-free at 866-767-3653 or email <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a>\u00a0or <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a>\u00a0for information on the class action. If you wish to serve as lead plaintiff, you must move the Court <b>no later than <span class=\"xn-chron\">April 6, 2021<\/span><\/b>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n<p>\n        <b>WHY ROSEN LAW: <\/b>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 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over <span class=\"xn-money\">$438 million<\/span> for investors. In 2020 founding partner <span class=\"xn-person\">Laurence Rosen<\/span> was named by law360 as a Titan of Plaintiffs&#8217; Bar. Many of the firm&#8217;s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n<p>\n        <b>DETAILS OF THE CASE: <\/b>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&#8217;s Clover Assistant platform was under active investigation by the Department of Justice (&#8220;DOJ&#8221;) for at least 12 issues ranging from kickbacks to marketing practices to undisclosed third-party deals; (2) the DOJ&#8217;s investigation presented an existential risk to the Company, since it derives most of its revenues from Medicare; (3) Clover&#8217;s sales were driven by a major undisclosed related party deal and misleading marketing targeting the elderly, not its purported &#8220;best-in-class&#8221; technology; (4) a significant portion of Clover&#8217;s sales were by way of an undisclosed relationship between Clover and an outside brokerage firm controlled by Clover&#8217;s Head of Sales; and (5) as a result, defendants&#8217; statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis at all relevant times.\u00a0When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n<p>To join the Clover class action, go to <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3115866-1&amp;h=2818759083&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2030.html&amp;a=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2030.html\" rel=\"nofollow noopener noreferrer\">http:\/\/www.rosenlegal.com\/cases-register-2030.html<\/a>\u00a0or call <span class=\"xn-person\">Phillip Kim, Esq.<\/span> toll-free at 866-767-3653 or email <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a>\u00a0or <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a>\u00a0for information on the class action<\/p>\n<p>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&#8217;s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n<p>Follow us for updates on LinkedIn: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3115866-1&amp;h=2555243370&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm\" rel=\"nofollow noopener noreferrer\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a> or on Twitter: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3115866-1&amp;h=2720637246&amp;u=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;a=https%3A%2F%2Ftwitter.com%2Frosen_firm\" rel=\"nofollow noopener noreferrer\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3115866-1&amp;h=111340434&amp;u=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm&amp;a=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm\" rel=\"nofollow noopener noreferrer\">https:\/\/www.facebook.com\/rosenlawfirm<\/a>. <\/p>\n<p>Attorney Advertising. Prior results do not guarantee a similar outcome. <\/p>\n<p>Contact Information:<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-person\">Laurence Rosen, Esq.<\/span><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-person\">Phillip Kim, Esq.<\/span><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 The Rosen Law Firm, P.A.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 275 Madison Avenue, 40<sup>th<\/sup> Floor<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-location\">New York<\/span>, NY\u00a0 10016<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Tel: (212) 686-1060<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Toll Free: (866) 767-3653<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Fax: (212) 202-3827<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:lrosen@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">lrosen@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3115866-1&amp;h=3486369522&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2F&amp;a=www.rosenlegal.com\" rel=\"nofollow noopener noreferrer\">www.rosenlegal.com<\/a>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC29001&amp;sd=2021-03-31\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/rosen-respected-investor-counsel-encourages-clover-health-investments-corp-fka-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-important-tuesday-deadline-in-secu-301260162.html\">http:\/\/www.prnewswire.com\/news-releases\/rosen-respected-investor-counsel-encourages-clover-health-investments-corp-fka-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-important-tuesday-deadline-in-secu-301260162.html<\/a><\/p>\n<p>SOURCE  Rosen Law Firm, P.A.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC29001&amp;Transmission_Id=202103312127PR_NEWS_USPR_____DC29001&amp;DateId=20210331\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, March 31, 2021 \/PRNewswire\/ &#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 &#8220;Class Period&#8221;); 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\u00a0of the important April 6, 2021 lead plaintiff deadline. SO WHAT:\u00a0If you purchased Clover securities during the Class Period you may be entitled to compensation without payment &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-impo\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III Investors With Losses in Excess of $100K to Secure Counsel Before Important Tuesday Deadline in Securities Class Action &#8211; 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-469310","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>ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III Investors With Losses in Excess of $100K to Secure Counsel Before Important Tuesday Deadline in Securities Class Action - 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\/rosen-respected-investor-counsel-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-impo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III Investors With Losses in Excess of $100K to Secure Counsel Before Important Tuesday Deadline in Securities Class Action - CLOV, CLOVW, IPOC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, March 31, 2021 \/PRNewswire\/ &#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 &#8220;Class Period&#8221;); 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\u00a0of the important April 6, 2021 lead plaintiff deadline. SO WHAT:\u00a0If you purchased Clover securities during the Class Period you may be entitled to compensation without payment &hellip; Continue reading &quot;ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III Investors With Losses in Excess of $100K to Secure Counsel Before Important Tuesday Deadline in Securities Class Action &#8211; CLOV, CLOVW, IPOC&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-impo\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-01T01:30:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg\" \/>\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=\"4 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\\\/rosen-respected-investor-counsel-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-impo\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rosen-respected-investor-counsel-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-impo\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Clover Health Investments, Corp. f\\\/k\\\/a Social Capital Hedosophia Holdings Corp. 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III Investors With Losses in Excess of $100K to Secure Counsel Before Important Tuesday Deadline in Securities Class Action - 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\/rosen-respected-investor-counsel-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-impo\/","og_locale":"en_US","og_type":"article","og_title":"ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. III Investors With Losses in Excess of $100K to Secure Counsel Before Important Tuesday Deadline in Securities Class Action - CLOV, CLOVW, IPOC - Market Newsdesk","og_description":"PR Newswire NEW YORK, March 31, 2021 \/PRNewswire\/ &#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 &#8220;Class Period&#8221;); 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\u00a0of the important April 6, 2021 lead plaintiff deadline. 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III Investors With Losses in Excess of $100K to Secure Counsel Before Important Tuesday Deadline in Securities Class Action &#8211; CLOV, CLOVW, IPOC\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-impo\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-01T01:30:33+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-impo\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-encourages-clover-health-investments-corp-f-k-a-social-capital-hedosophia-holdings-corp-iii-investors-with-losses-in-excess-of-100k-to-secure-counsel-before-impo\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Clover Health Investments, Corp. f\/k\/a Social Capital Hedosophia Holdings Corp. 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