An investigation for investors in Nimble Storage Inc shares was announced over potential securities laws violations by Nimble Storage in connection certain financial statements.
Investors who purchased shares of Nimble Storage Inc (NYSE:NMBL), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Nimble Storage Inc (NYSE:NMBL) concerning whether a series of statements by Nimble Storage regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On December 13, 2013, Nimble Storage Inc (NYSE:NMBL) stock traded as high as $35.13, the day the Company sold 8.0 million shares of stock in its initial public stock offering (the “IPO”), raising $168 million in new capital.
On February 26, 2015, Nimble Storage Inc reported its financial results for its fourth quarter and fiscal year 2015. Nimble Storage Inc reported that its Total Revenue rose from $125.73 million for the 12 months period that ended on January 31, 2014 to $227.67 million for the 12 months period that ended on January 31, 2015 while its Net Loss increased for those respective time periods from $43.12 million to $98.85 million.
On November 19, 2015, Nimble Storage Inc announced its third quarter 2016 results and provided its outlook for the fourth quarter of fiscal 2016. Shares of Nimble Storage Inc (NYSE:NMBL) declined to a slow as $9.97 per share on November 20, 2015.
On December 14, 2015, NYSE:NMBL shares closed at $10.23 per share.
Those who purchased Nimble Storage Inc shares 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
Leave Your Comments