Rosen Law Firm, a global investor rights law firm, reminds purchasers of
Nimble Storage, Inc. (NYSE: NMBL) common stock from May 27, 2015 through
November 19, 2015, all dates inclusive (the “Class Period”) of the
important February 15, 2016 lead plaintiff deadline. The lawsuit seeks
to recover damages for Nimble Storage investors under the federal
securities laws.
To join the Nimble Storage class action, go to the firm’s website at http://rosenlegal.com/cases-804.html
or call Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll
free at 866-767-3653 or via email at pkim@rosenlegal.com
or kchan@rosenlegal.com.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU
MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU
MAY RETAIN COUNSEL OF YOUR CHOICE.
The Complaint alleges that Defendants failed to disclose that: (1)
Nimble Storage was being negatively impacted by intense competition from
well-entrenched, large competitors who were slashing prices in order to
maintain market share, (2) Nimble Storage 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 Storage was losing sales in both sales channels.
When the true details entered the market, the lawsuit claims that
investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than February 15, 2016.
A lead plaintiff is a representative party acting on behalf of other
class members in directing the litigation. If you wish to join the
litigation, go to the firm’s website at http://rosenlegal.com/cases-804.html
for more information. You may also contact Phillip Kim, Esq. or Kevin
Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com
or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation. Attorney Advertising. Prior results do not guarantee a
similar outcome.
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