Nutanix, Inc. is facing a class action lawsuit alleging that the Company misled the public and its investors regarding its new customer growth and sales productivity and that the price of Nutanix stock dropped precipitously when the truth came out.
If you incurred a loss on NTNX securities purchased between March 1, 2018 and May 30, 2019, this lawsuit is on your behalf. The lawsuit was filed in the United States District Court for the Northern District of California, and our firm seeks to inform investors of their legal rights.
If you wish to act as a representative of the investors harmed by this misconduct, you may ask the court to appoint you as lead plaintiff. A lead plaintiff directs the litigation and participates in important decisions, including whether to accept a settlement for the class in the action.
You only have until March 22, 2021 to apply to be lead plaintiff. The court will then evaluate the applicants and choose a lead plaintiff. You are not required to act as a lead plaintiff in order to participate in any recovery.
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