INVESTOR ALERT: Lundin Law PC Announces Securities Class Action - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Tintri, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 12, 2017 / Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Tintri, Inc. (“Tintri” or the “Company”) (NASDAQ: TNTR) concerning possible violations of federal securities laws in connection with its initial public offering on or about June 30, 2017 (the “IPO”). Investors who purchased or otherwise acquired Tintri shares pursuant and/or traceable to the IPO should contact the firm prior to the November 17, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here.

You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or you can e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, Tintri made false and/or misleading statements and/or failing to disclose that the Company experienced distraction, disruption, and sales attrition during its IPO; and as a result, the Company’s statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. On September 7, 2017, Tintri held an earnings conference call for the second quarter. During the call, the Company’s Chairman and Chief Executive Officer David Klein stated that “Q2 revenue grew 27% over the same quarter a year ago, at the low end of our expectations,” and that this was “primarily due to distraction, disruption and some sales attrition occurred during and after our IPO.” Upon release of this information, shares of Tintri dropped in value materially, which caused investors harm according to the Complaint.

Lundin Law PC was founded by Brian Lundin, Esq., a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

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

Contact:

Lundin Law PC

Brian Lundin, Esq.

Telephone: 888-713-1033

Facsimile: 888-713-1125

brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 477714

Information contained on this page is provided by an independent third-party content provider. Frankly and this Station make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact pressreleases@franklyinc.com

Powered by Frankly