Business

Nutanix, Inc. (NASDAQ: NTNX) Investor Lawsuit alleges Misleading Statements

Press Release

A lawsuit was filed on behalf of investors in Nutanix, Inc. (NASDAQ: NTNX) shares over alleged securities laws violations.

An investor, who purchased shares of Nutanix, Inc. (NASDAQ: NTNX), filed a lawsuit over alleged violations of Federal Securities Laws by Nutanix, Inc. in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Nutanix, Inc. (NASDAQ: NTNX) have certain options and for certain investors are short and strict deadlines running. Deadline: May 28, 2019. NASDAQ: NTNX investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Nutanix, Inc. (NASDAQ: NTNX) common shares between March 2, 2018 and February 28, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that beginning on March 2, 2018, Nutanix, Inc and its senior executives made repeated statements that Nutanix was investing heavily in growth while maintaining high profit margins. The plaintiff alleges that Nutanix senior officers, including its Chief Revenue Officer, took advantage of false statements by selling Nutanix common stock at inflated prices.

Those who purchased shares of Nutanix, Inc. (NASDAQ: NTNX) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
[email protected]

About:
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.