KUZNICKI LAW PLLC

Carbonite, Inc. Loss Submission Form

Kuznicki Law PLLC notifies investors that a class action has commenced in the United States District Court for the District of Massachusetts on behalf of shareholders of Carbonite, Inc. who purchased shares between February 7, 2019 and July 25, 2019.

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Carbonite’s Server Backup VM Edition was of poor quality and technologically flawed; (ii) Carbonite was receiving poor reviews and complaints from customers about the Server Backup VM Edition; (iii) the poor quality and technological flaws of the Server Backup VM Edition was acting as a “disruptive” factor throughout the Carbonite salesforce and keeping that sales organization from closing opportunistically on several larger deals during fiscal 2019; and (iv) as a result of the foregoing, Carbonite lacked any reasonable basis for issuing its positive projections and financial forecasts.

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 periods. 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 September 30, 2019 to request that the court appoint them lead plaintiff.

To receive more information, please fill out the form.

Kuznicki Law PLLC does not share your information with others. There is no other or obligation for you to submit.

Name

Email

Physical Address

Phone Number

Shares Owned

Purchase Date

Loss

This submission does not create an attorney-client relationship. If we believe that you might be an appropriate lead plaintiff, we will contact you to discuss whether to establish an attorney-client relationship.

KUZNICKI LAW PLLC

445 Central Avenue, Suite 344, Cedarhurst, NY 11516

Phone: (347) 696-1134

Cell : (347) 690-0692

Fax : (347) 348-0967

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