… And Pomerantz Law Firm

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.