Nutanix Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
The complaint filed on April 14, 2023, alleges that the Company and certain officers made false and misleading statements about the Company’s business and operations. The defendants failed to disclose that the Company had deficient internal controls regarding the use of licensed software and expense management, resulting in the improper use of third-party evaluation software for business purposes over a multi-year period. The investigation and remediation of these deficiencies would lead to significant expenses. The defendants’ public statements were materially false and misleading, and the disclosure of the truth led to a significant decline in Nutanix’s stock price, injuring investors.
