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… And Pomerantz Law Firm

For violating Securities Exchange Act

Pomerantz LLP is investigating claims on behalf of investors of Nimble Storage, Inc.

The investigation concerns whether Nimble and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and/or Sections 11 and 15 of the Securities Act of 1933.

On December 13, 2013, the company conducted an IPO, pricing its stock at $21.00 per share. After trading as high as $58.00 in February 2014, the company’s stock price steadily declined throughout the remainder of 2014 and 2015.

On November 19, 2015, post-market, the company announced an adjusted third-quarter loss of $0.14 per share on revenue of $80.7 million. Analysts had forecasted a loss of $0.08 per share on revenue of $87.5 million.

On this news, the company’s stock has fallen as low as $10.30, or 50% of its IPO price, during intraday trading on November 20, 2015.

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