Goldberg
Law PC (www.Goldberglawpc.com)
announces that a class action lawsuit has been filed against Nimble
Storage, Inc. (“Nimble” or the “Company”) (NYSE: NMBL).
Investors who purchased or otherwise acquired shares between May 27,
2015 and November 19, 2015, (the “Class Period”), are encouraged to
contact the firm in advance of the February 15, 2016, lead plaintiff
motion deadline.
If you are a shareholder who suffered a loss during the Class Period, we
advise you to contact Michael
Goldberg or Brian Schall,
of Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del Rey,
CA 90292, at 800-977-7401, to discuss your rights without cost to you.
You can also reach us through the firm’s website at http://www.Goldberglawpc.com,
or by email at info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.
According to the complaint, the Company failed to disclose that: (1)
Nimble was being negatively impacted by intense competition from strong
competitors who were reducing prices in order to maintain market share,
(2) Nimble had made a conscious decision to focus its sales and
marketing efforts towards the large enterprises market and to reduce
sales efforts in the U.S. commercial market, and (3) due to this change
in sales strategy and the intense price competition, Nimble was losing
sales in both sales channels.
Goldberg Law PC represents shareholders around the world and specializes
in securities class actions and shareholder rights litigation.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151221006288/en/
Copyright Business Wire 2015