The Law Offices of Vincent Wong announce that a new lead plaintiff deadline has been set in the securities class action filed on behalf of investors who purchased Nutanix, Inc. (NASDAQGS: NTNX) securities between March 1, 2018 and May 30, 2019.
The lawsuit alleges that Nutanix misrepresented its new customer growth and sales productivity to the public during the Class Period. The Company’s stock price dropped 32.7% following its financial results for the second quarter of fiscal year 2019 that were reported on February 28, 2019, and 14.1% following Nutanix’s financial results for the third quarter of fiscal year 2019 that were reported on May 30, 2019.
If you suffered a loss in Nutanix you have until March 22, 2021 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.
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