Former California Deputy Attorney General and Special Counsel with Johnson Fistel Launches Investigation into Nutanix, Inc. (NTNX); Investors Suffering Losses Encouraged to Contact Firm

News provided by

Mar 27, 2019, 08:40 ET

SAN DIEGO, March 27, 2019 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP with the assistance of former California Deputy Attorney General and Special Counsel, Tiffany Johnson, Esq., is investigating potential claims against Nutanix, Inc. ("Nutanix") (NASDAQ: NTNX) for violations of federal securities laws.

On March 1, 2019, Nutanix reported a loss of 23 cents per share for its fiscal second quarter of 2019. Additionally, the Company lowered guidance for the third quarter of fiscal 2019; revenues are projected between $290 million and $300 million versus consensus estimate for revenues of $347.3 million. Nutanix estimates a loss per share of approximately 60 cents, wider than analysts' estimates of a 28 cent per share loss. Following this news, shares of Nutanix plummeted, falling 32.72% on March 1, 2019.

If you have information that could assist in this investigation, including past employees and others, or if you are an Nutanix shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker ([email protected]) by email or phone at 619-814-4471. If emailing, please include a phone number.

Additionally, you can [click here to join this action]. There is no cost or obligation to you.

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
[email protected]

[click here to join this action].

SOURCE Johnson Fistel, LLP