… Goldberg Law PC …

Goldberg Law PC announces that a class action lawsuit has been filed against Nimble Storage, Inc.

According to the complaint, the company failed to disclose that:

• Nimble was being negatively impacted by intense competition from strong competitors who were reducing prices in order to maintain market share,
• Nimble had made a conscious decision to focus its sales and marketing efforts towards the large enterprises market and to reduce sales efforts in the U.S. commercial market, and
• due to this change in sales strategy and the intense price competition, Nimble was losing sales in both sales channels.