NEW ORLEANS, May 09, 2023 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, is reminding investors they have until June 13, 2023 Lead Plaintiff’s Motions in a Securities Class Action Against Nutanix, Inc. NTNXif you bought the securities of the Company between September 21, 2021 and March 6, 2023 inclusive (the “Class Period”). This lawsuit is pending in the United States District Court for the Northern District of California.

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Nutanix investors should visit us at https://claimsfiler.com/cases/nasdaq-ntnx-2/ or call toll free (844) 367-9658. Kahn Swick & Foti, LLC attorneys are available to discuss your legal options.

About the lawsuit

Nutanix and certain of its officers are alleged to have failed to disclose material information during the Class Period in violation of federal securities laws.

On March 6, 2023, the company announced that it does not expect to publish its 10-Q report for the am 31-party provider [being]
instead be used for interoperability testing, validation and customer proofs-of-concept over a period of years, which would likely result in additional costs incurred for using the software beyond the scope of the intended evaluation use.

As a result of this news, Nutanix shares fell $2.27 per share, or 7.89%, to close at $26.50 per share on March 7, 2023.

The case is Gorsline v. Nutanix, Inc., et al., No. 23-cv-01827.

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