Nutanix, Inc. Securities Litigation (2021)

Filing Deadline: August 10, 2021

If you purchased a significant amount of shares of Nutanix Inc. Class A Common Stock (NASDAQ: NTNX), you have certain options. Investors should contact us before August 10, 2021.

 

Lawsuit Overview

Defendant:Nutanix Inc. Class A Common Stock
Date Filed:May 28th, 2021
Sector:Technology
Industry:Computer Software: Prepackaged Software
Class Start Date:November 30th, 2017
Class End Date:May 30th, 2019

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business prospects. Specifically, the Complaint alleges that Defendants' statements were materially false and misleading in that the Company kept lead generation spending flat for more than a year, did not meet its internal sales hiring goals, and knowingly allowed “chaos” to “reign” over an inexperienced and understaffed salesforce, which resulted in a severely depleted pipeline and the failure to generate revenue and profits through sales, other than through an undisclosed and deceptive unsustainable pull-in scheme.

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First Identified Complaint

John P. Norton, et al. v. Nutanix, Inc., et al.

Date Filed:May 28th, 2021
Class Period Start:November 30th, 2017
Class Period End:May 30th, 2019
First Identified Complaint Filings
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