{"id":394894,"date":"2020-12-07T19:01:17","date_gmt":"2020-12-08T00:01:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=394894"},"modified":"2020-12-07T19:01:17","modified_gmt":"2020-12-08T00:01:17","slug":"splunk-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/splunk-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/","title":{"rendered":"SPLUNK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Splunk Inc. &#8211; SPLK"},"content":{"rendered":"<p>        <!--.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\nSPLUNK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Splunk Inc. &#8211; SPLK\n<\/p>\n<p>NEW ORLEANS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nKahn Swick &amp; Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until<b><span class=\"bwuline\">February 2, 2021<\/span><\/b> to file lead plaintiff applications in a securities class action lawsuit against Splunk Inc. (NasdaqGS: SPLK), if they purchased the Company\u2019s shares between October 21, 2020 and December 2, 2020, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Eastern District of New York.\n<\/p>\n<p>\nWhat You May Do\n<\/p>\n<p>\nIf you purchased shares of Splunk and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (<a rel=\"nofollow\" href=\"mailto:lewis.kahn@ksfcounsel.com\">lewis.kahn@ksfcounsel.com<\/a>), or visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnasdaqgs-splk%2F&amp;esheet=52344475&amp;newsitemid=20201207005984&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnasdaqgs-splk%2F&amp;index=1&amp;md5=da784bf85d0ecc2f25f36182ea7797cb\">https:\/\/www.ksfcounsel.com\/cases\/nasdaqgs-splk\/<\/a> to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by <b><span class=\"bwuline\">February 2, 2021<\/span><\/b>.\n<\/p>\n<p>\nAbout the Lawsuit\n<\/p>\n<p>\nSplunk and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.\n<\/p>\n<p>\nOn December 2, 2020, post-market, the Company disclosed disappointing financial results for 3Q2021 ended October 31, 2020 including total revenues of $559 million, down 11% year-over-year and which missed estimates by nearly $60 million, a loss of 7 cents per share versus an expected gain of 8 cents per share, and a lower than expected forecast for 4Q2021, leading numerous analysts to downgrade the stock and cut their price targets.\n<\/p>\n<p>\nOn this news, the price of Splunk\u2019s shares plummeted over 23% in one trading day from their December 2, 2020 closing price, representing billions of dollars in lost market capitalization.\n<\/p>\n<p>\nThe case is <i>Pavlova-Coleman v. Splunk Inc., et al., <\/i>No. 3:20-cv-8600.\n<\/p>\n<p>\nAbout Kahn Swick &amp; Foti, LLC\n<\/p>\n<p>\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation\u2019s premier boutique securities litigation law firms. KSF serves a variety of clients \u2013 including public institutional investors, hedge funds, money managers and retail investors \u2013 in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.\n<\/p>\n<p>\nTo learn more about KSF, you may visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ksfcounsel.com&amp;esheet=52344475&amp;newsitemid=20201207005984&amp;lan=en-US&amp;anchor=www.ksfcounsel.com&amp;index=2&amp;md5=8236e60ed57dbeb43fa4b1e4f9b676a0\">www.ksfcounsel.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201207005984r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201207005984\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201207005984\/en\/<\/a><\/span><\/p>\n<p>\nLewis Kahn, Managing Partner<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lewis.kahn@ksfcounsel.com\">lewis.kahn@ksfcounsel.com<br \/>\n<\/a><br \/>1-877-515-1850\n<\/p>\n<p><b>KEYWORDS:<\/b> Louisiana United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201207005984\/en\/752156\/3\/logo-square-pr.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>SPLUNK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Splunk Inc. &#8211; SPLK NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilFebruary 2, 2021 to file lead plaintiff applications in a securities class action lawsuit against Splunk Inc. (NasdaqGS: SPLK), if they purchased the Company\u2019s shares between October 21, 2020 and December 2, 2020, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Eastern District of New York. What You May Do If you &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/splunk-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SPLUNK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Splunk Inc. &#8211; SPLK&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-394894","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SPLUNK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Splunk Inc. - SPLK - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/splunk-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SPLUNK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Splunk Inc. - SPLK - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SPLUNK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Splunk Inc. &#8211; SPLK NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilFebruary 2, 2021 to file lead plaintiff applications in a securities class action lawsuit against Splunk Inc. (NasdaqGS: SPLK), if they purchased the Company\u2019s shares between October 21, 2020 and December 2, 2020, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Eastern District of New York. What You May Do If you &hellip; Continue reading &quot;SPLUNK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Splunk Inc. &#8211; SPLK&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/splunk-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-08T00:01:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201207005984r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splunk-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/splunk-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SPLUNK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; 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SPLK NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilFebruary 2, 2021 to file lead plaintiff applications in a securities class action lawsuit against Splunk Inc. (NasdaqGS: SPLK), if they purchased the Company\u2019s shares between October 21, 2020 and December 2, 2020, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Eastern District of New York. What You May Do If you &hellip; Continue reading \"SPLUNK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Splunk Inc. &#8211; SPLK\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/splunk-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-08T00:01:17+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201207005984r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/splunk-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/splunk-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SPLUNK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; 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