NEW YORK, April 14, 2023 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Nutanix, Inc (“Nutanix” or the “Company”) NTNX, and certain officers. The class action, filed in the United States District Court for the Northern District of California and filed number 23-cv-01827, is on behalf of a class consisting of all persons and entities other than the defendants who purchased or otherwise acquired Nutanix securities September 21, 2021 and March 6, 2023, both dates inclusive (the “Collection Period”), in an attempt to recover damages caused by the Defendants’ violations of the federal securities laws and remedies under Sections 10(b ) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder against the Company and certain of its senior officials.
If you are a shareholder who purchased or otherwise acquired Nutanix securities during the class action period, you have until June 13, 2023 to ask the court to appoint you as lead plaintiff in the class action. A copy of the complaint is available at www.pomerantzlaw.com. To discuss this promotion, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, ext. 7980. Persons inquiring by email are asked to provide their mailing address, telephone number and the number of shares purchased.
[Click here for information about joining the class action]
Nutanix purports to provide a leading enterprise cloud platform, the Nutanix Cloud Platform, which consists of software solutions and cloud services that support its customers’ enterprise infrastructure.
Nutanix often uses third-party software to operate its cloud platform. In fact, the company has stated that one of its “key competitive drivers” is “product interoperability with third-party applications, infrastructure software, infrastructure systems and platforms, and public clouds.” Accordingly, Nutanix pays…
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