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Deadline on October 15th coming up in Lawsuit filed for Investors in NetApp, Inc. (NASDAQ: NTAP)

10-15-2019 07:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on October 15, 2019 in the lawsuit for certain investors in NetApp, Inc. (NASDAQ: NTAP).

A Deadline is coming up on October 15, 2019 in the lawsuit for certain investors in NetApp, Inc. (NASDAQ: NTAP).

The Shareholders Foundation announced that a deadline is coming up on October 15, 2019 in the lawsuit filed for certain investors of NetApp, Inc. (NASDAQ: NTAP) over alleged securities laws violations by NetApp, Inc.

Investors who purchased shares of NetApp, Inc. (NASDAQ: NTAP) have certain options and there are strict and short deadlines running. Deadline: October 15, 2019. NASDAQ: NTAP stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of NetApp, Inc. (NASDAQ: NTAP) common shares between May 22, 2019 and August 1, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 22, 2019 and August 1, 2019, the defendants made false and/or misleading statements and/or failed to disclose that the Company was unable to close large deals within the quarter and that the deals were pushed out to subsequent quarters or downsized, that the Company's revenue would be materially impacted, that the Company would lower its fiscal 2020 guidance, and that as a result, NetApp’s public statements were materially false and misleading at all relevant times

Those who purchased shares of NetApp, Inc. (NASDAQ: NTAP) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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