San Diego, CA -- (SBWIRE) -- 06/06/2023 -- The Shareholders Foundation announced that a deadline is coming up on June 13, 2023 in the lawsuit filed for certain investors of Nutanix, Inc. (NASDAQ: NTNX)

Investors who purchased shares of Nutanix, Inc. (NASDAQ: NTNX) have certain options and there are strict and short deadlines running. Deadline: June 13, 2023. NASDAQ: NTNX stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff claims that between September 21, 2021 and March 6, 2023, the Defendants made false and/or misleading statements and/or failed to disclose that the Company maintained deficient internal controls relating to its use of licensed software and expense management, that as a result of these deficiencies, the Company improperly used third-party evaluation software for business purposes over a multi-year period, that investigation and remediation of the foregoing—i.e., by paying vendors the full cost to use their software for business purposes—would cause the Company to incur significant expenses, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Nutanix, Inc. (NASDAQ: NTNX) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.