An investigation on behalf of current long term investors in Nutanix, Inc. (NASDAQ: NTNX) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 06/26/2019 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Nutanix, Inc.
Investors who are current long term investors in Nutanix, Inc. (NASDAQ: NTNX) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: NTNX stocks follows a lawsuit filed against Nutanix, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: NTNX stocks, concerns whether certain Nutanix directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that beginning on March 2, 2018, Nutanix, Inc and its senior executives made repeated statements that Nutanix was investing heavily in growth while maintaining high profit margins. The plaintiff alleges that Nutanix senior officers, including its Chief Revenue Officer, took advantage of false statements by selling Nutanix common stock at inflated prices.
Those who purchased shares of Nutanix, Inc. (NASDAQ: NTNX) have certain options and should contact the Shareholders Foundation.
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