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DEADLINE TUESDAY: The Schall Law Firm Announces it is Investigating Claims Against Nutanix, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

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LOS ANGELES–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24NTNX&src=ctag” target=”_blank”gt;$NTNXlt;/agt; lt;a href=”https://twitter.com/hashtag/ClassAction?src=hash” target=”_blank”gt;#ClassActionlt;/agt;–The
Schall Law Firm
, a national shareholder rights litigation firm,
announces that it is investigating claims on behalf of investors of
Nutanix, Inc. (“Nutanix ” or “the Company”) (NASDAQ: NTNX)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
Exchange Commission.

The investigation focuses on whether the Company issued false and/or
misleading statements and/or failed to disclose information pertinent to
investors. Nutanix released its second quarter fiscal 2019 results on
February 28, 2019. The Company reported its third-quarter guidance to be
lower than analysts’ expectations. Management blamed “inadequate
marketing spend for pipeline generation and slower than expected sales
hiring” for the weak guidance. Based on these facts, the Company’s
public statements were false and materially misleading throughout the
class period. When the market learned the truth about Nutanix, investors
suffered damages.

If you are a shareholder who suffered a loss, click
here to participate
.

We also encourage you to contact Brian Schall, or Rina Restaino, of the
Schall Law Firm, 1880 Century Park East, Suite
404, Los Angeles, CA 90067
, at 424-303-1964, to discuss your
rights free of charge. You can also reach us through the firm’s website
at www.schallfirm.com,
or by email at [email protected].

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The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
litigation.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and rules of ethics.

Contacts

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The Schall Law Firm
Brian Schall, Esq.
Rina Restaino, Esq.
310-301-3335
Cell:
424-303-1964
[email protected]
www.schallfirm.com


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