Kuznicki Law PLLC notifies investors that a class action has commenced in the United States District Court for the Northern District of California on behalf of investors who purchased or sold publicly traded securities of Nutanix, Inc. (NASDAQGS: NTNX) between March 2, 2018 and February 28, 2019, inclusive.
The filed complaint alleges that throughout the class period defendants made materially false or misleading statements about the Company's investments in growth and its maintenance of high profit margins.
If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class period. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action. Appointment as Lead Plaintiff is not required to partake in any recovery.
Shareholders have until May 28, 2019 to request that the court appoint them lead plaintiff.