The Law Offices of Vincent Wong announce that a class action lawsuit has
been commenced in the USDC for the Northern District of California on
behalf of investors who purchased Nimble Storage, Inc. (NYSE:NMBL)
securities between May 27, 2015 and November 19, 2015.
Click here to learn about the case: http://docs.wongesq.com/NMBL-Info-Request-Form-1040.
There is no cost or obligation to you.
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 channels.
If you suffered a loss in Nimble Storage you have until February
16, 2016 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn’t require that
you serve as a lead plaintiff. To obtain additional information, contact
Vincent Wong, Esq. either via email vw@wongesq.com,
by telephone at 212.425.1140, or visit http://docs.wongesq.com/NMBL-Info-Request-Form-1040.
Vincent Wong, Esq. is an experienced attorney that has represented
investors in securities litigations involving financial fraud and
violations of shareholder rights. Attorney advertising. Prior results do
not guarantee similar outcomes.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160125006516/en/
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