… And Khang & Khang …

For issuing misleading information to investors

This is a Press Release edited by StorageNewsletter.com on November 23, 2015 at 1:59 pm

Khang & Khang LLP is investigating claims of potential misrepresentations by Nimble Storage, Inc.

The investigation focuses on whether the company and its officers violated securities laws by issuing misleading information to investors.

Specifically, the investigation will focus on the steady decline of the company’s shares throughout 2014 and 2015. The company’s stock has fallen as low as $10.30, or 50% from its December 13, 2013 initial public offering.