NEW YORK, NY / ACCESSWIRE / February 4, 2021 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Clover Health Investments, Corp. f/k/a Social Capital Hedosophia Holdings Corp. III ("Clover Health" or the "Company") (NASDAQ:CLOV)(NASDAQ:CLOVW). Investors who purchased Clover Health securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/clov.
The investigation concerns whether Clover Health and certain of its officers and/or directors have violated federal securities laws.
On February 4, 2021, Hindenburg Research published a report, "Clover Health: How the ‘King of SPACs' Lured Retail Investors Into a Broken Business Facing an Active, Undisclosed DOJ Investigation[.]" The report alleged that "Clover has not disclosed that its business model and its software offering, called the Clover Assistant, are under active investigation by the Department of Justice (DOJ), which is investigating at least 12 issues ranging from kickbacks to marketing practices to undisclosed third-party deals." Following this news, the Clover Health stock dropped sharply during intraday trading on February 4, 2021.
If you are aware of any facts relating to this investigation, or purchased Clover Health shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/clov. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz and Grossman, LLC