Energy News / Shareholders Foundation, Inc.

NASDAQ:NTAP Shareholder Notice: Lawsuit Alleges Misleading Statements by NetApp, Inc.

Via: ReleaseWire

Updated 12:00 PM CDT, Fri, August 30,2019

A lawsuit was filed on behalf of investors in NetApp, Inc. (NASDAQ: NTAP) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 08/30/2019 -- An investor, who purchased shares of NetApp, Inc. (NASDAQ: NTAP), filed a lawsuit against NetApp, Inc. over alleged violations of Federal Securities Laws.

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

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.

Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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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Media Relations Contact
Michael Daniels
Email: Click to Email Michael Daniels