… Khang & Khang …

Khang & Khang LLP is investigating claims of potential misrepresentations by Nimble Storage, Inc.

The investigation focuses on whether the company and its officers violated securities laws by issuing misleading information to investors.

The investigation concerns whether the company failed to disclose that:

• Nimble was being negatively impacted by intense competition from strong competitors who were reducing prices in order to maintain market share,
• Nimble had made a conscious decision to focus its sales and marketing efforts towards the large enterprises market and to reduce sales efforts in the U.S. commercial market, and
• due to this change in sales strategy and the intense price competition, Nimble was losing sales in both sales channels.