NEW YORK, April 11, 2014 /PRNewswire/ -- Levi & Korsinsky, LLP is investigating Imperva, Inc. ("Imperva") (NYSE: IMPV) in connection with possible breaches of fiduciary duty.
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On April 9, 2014, Imperva reduced its first quarter revenue guidance from its previous outlook of $34M to $35M to just $31M to $31.5M. The Company stated that the adjustment resulted primarily from an extended sales cycle on deals over $100,000, which led to "delays in receiving anticipated orders from customers, ... which [then] resulted in lower than expected revenue for products." The next day, Imperva stock plummeted more than 43% to close at $28 per share.
If you own common stock in Imperva and wish to obtain additional information, please contact Eduard Korsinsky, Esq. either via email at ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/imperva-impv.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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