… Morgan & Morgan …

Morgan & Morgan announces that class actions have been filed in the United States District Court for the Northern District of California on behalf of all purchasers of the common stock of Violin Memory, Inc. common stock pursuant to and/or traceable to the registration statement issued in connection with Violin Memory’s September 26, 2013 IPO or between September 27, 2013 and November 21, 2013.

The complaints charge Violin Memory and certain of the company’s executive officers and directors and the underwriters with violations of federal securities laws. They allege that the registration statement issued in connection with the company’s IPO was materially false and misleading because it failed to disclose known trends affecting sales and revenues.

On November 21, 2013, the company reported its 2014 third quarter financial results and disclosed that it was negatively impacted by the slowdown in spending by the federal government in its first quarter. Following this news, the company’s stock declined over 48% to close at $3.11 on November 22, 2013.