Press release
Investigation announced for Long-Term Investors in shares of Alteryx, Inc. (NYSE: AYX)
An investigation on behalf of current long term investors in Alteryx, Inc. (NYSE: AYX) shares.
Investors who are current long term investors in Alteryx, Inc. (NYSE: AYX) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: AYX stocks follows a lawsuit filed against Alteryx, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: AYX stocks, concerns whether certain Alteryx, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that the Defendants failed to disclose to investors that the Company was unable to close large deals within the quarter and deals were pushed out to subsequent quarters or downsized that, as a result, Alteryx increasingly relied on adoption licenses to attract new customers, that, as a result and due to the nature of adoption licenses, the Company’s revenue was reasonably likely to decline; and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Alteryx, Inc. (NYSE: AYX) 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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