… Levi & Korsinsky …

The following statement is being issued by Levi & Korsinsky, LLP:

You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Northern District of California.

The complaint alleges that defendants failed to disclose that:

• Nimble Storage was being negatively impacted by intense competition from well-entrenched, large competitors who were slashing prices in order to maintain market share;
• Nimble Storage 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 Storage was losing sales in both channels.