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Citrix Systems, Inc.

UPDATE

On November 4, 2024, the Florida District Court approved a settlement of the case for $17.5 million in cash.

A copy of the order and judgment approving the settlement is available for download in the right sidebar.

UPDATE

On February 3, 2024, the District Court denied defendant’s motion to dismiss the amended complaint in part. A copy of the order is available for download in the right sidebar.

On May 8, 2023, we filed an amended complaint. A copy is available for download in the right sidebar.

ORIGINAL POST

On December 12, 2022, we filed a class action lawsuit in the United States District Court for the Southern District of Florida (“Court”), captioned Vargas v. Citrix Systems, Inc. et al., Case No. 1:22-cv-62327, on behalf of a class (“Class”) of individuals and entities that held common stock of Citrix Systems, Inc. (“Citrix”) as of the close of business on September 30, 2022 (“Class Period”), asserting claims under Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, and Securities and Exchange Commission Rule 14a-9, in connection with the acquisition of Citrix by Vista Equity Partners and Elliott Investment Management L.P for an unfair price.

Investors are hereby notified that not later than February 13, 2023, any member of the purported Class may move the Court to serve as lead plaintiff of the purported Class in this action.

If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending action, please complete and submit the form below, and one of our attorneys will get back to you promptly.

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Documents

Order and Judgment Approving Settlement
Order Denying Motion to Dismiss in Part
Amended Complaint

Deadline to File for Lead Plaintiff

February 13, 2023

Attorney

Joshua Fruchter
845-290-6818
alerts@wohlfruchter.com

Case Updates

  • Florida District Court Approves $17.5 Million Settlement of Citrix Merger Litigation
  • Florida District Court Denies Motion to Dismiss in Part in Citrix Merger Litigation

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