… Lundin Law PC …

Related to allegations that certain statements issued by Nimble were false and misleading

This is a Press Release edited by StorageNewsletter.com on December 21, 2015 at 2:59 pm

Lundin Law PC announces it is investigating claims against Nimble Storage, Inc. concerning possible violations of federal securities laws.

The investigation is related to allegations that certain statements issued by Nimble were false and misleading and/or failed to disclose material information regarding the company’s financial performance.

The investigation concerns whether the company violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

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 IPO.