One More Law Firm Investigating Nimble Storage: Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Nimble Storage, Inc..

The investigation concerns whether Nimble Storage and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and/or Sections 11 and 15 of the Securities Act of 1933.

On December 13, 2013, the company conducted an IPO, pricing its stock at $21.00 per share.

After trading as high as $58.00 in February 2014, the company’s stock price steadily declined throughout the remainder of 2014 and 2015.

On November 19, 2015, post-market, the company announced an adjusted third-quarter loss of $0.14 per share on revenue of $80.7 million.

Analysts had forecasted a loss of $0.08 per share on revenue of $87.5 million. Following this news, Nimble Storage stock fell $10.34 or 50.71% to close at $10.05 on November 20, 2015.

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Nimble Storage Investigated by Johnson & Weaver …
For potential violations of the federal securities laws
… And Holzer & Holzer …
Regarding business and operations complied with federal securities laws
… And Levi & Korsinsky …
For possible securities fraud
… And Khang & Khang …
For issuing misleading information to investors
… And Pomerantz Law Firm
For violating Securities Exchange Act