{"id":753255,"date":"2023-05-01T16:51:28","date_gmt":"2023-05-01T20:51:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nutanix-investor-alert-kaplan-fox-kilsheimer-llp-notifies-nutanix-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/"},"modified":"2023-05-01T16:51:28","modified_gmt":"2023-05-01T20:51:28","slug":"nutanix-investor-alert-kaplan-fox-kilsheimer-llp-notifies-nutanix-investors-of-a-class-action-lawsuit-and-upcoming-deadline","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nutanix-investor-alert-kaplan-fox-kilsheimer-llp-notifies-nutanix-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/","title":{"rendered":"NUTANIX INVESTOR ALERT: Kaplan Fox &amp; Kilsheimer LLP Notifies Nutanix Investors of a Class Action Lawsuit and Upcoming Deadline"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, May  01, 2023  (GLOBE NEWSWIRE) &#8212; Kaplan Fox &amp; Kilsheimer LLP reminds investors that a complaint has been filed on behalf of investors who purchased or otherwise acquired the securities of Nutanix, Inc. (\u201cNutanix\u201d or the \u201cCompany\u201d) (NASDAQ: NTNX) between September 21, 2021 and March 6, 2023, inclusive (the \u201cClass Period\u201d). <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rBeI1ZdahjtkFsEqU7_18Fv7LOUbqlMlLkCUKNOFFoC0_Bi3vrPcOjJHRo3lkJuBDDvgDH0utlxU27k_JEHblqjusJo3jhegupcBTB9qi8q8-639IIi-_vUq0NbnBF-3s_rSlO6y_7xSACATpKv7jQ==\" rel=\"nofollow noopener\" target=\"_blank\"><u>Click Here to Join Investigation.<\/u><\/a><\/p>\n<p align=\"justify\">\n        <strong>If you acquired Nutanix securities during the Class Period and would like to discuss this case, please <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OFVvvyQXRo3p63qs43VjvdweXgMIsUr-VgojyjPK--S8mMr4muDPdYBPkE7y5yqq0NKUxQm0l5hlE7vTgKKRbeQoiZCOIHGckyMwTCO1BJulJtTel1jMblXh5WbFlgL2\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <u>click here<\/u><br \/>\n          <\/strong><br \/>\n        <\/a><br \/>\n        <strong>. You may also contact us by emailing <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-S0BsCSCyDLVmfdlMQannSFlAEJCty698KMbphoBa0kjfgxeCZsuhmuNbsrr9Al-KO07gzcfZqvtRGYRr7o7_WGs6oJSYda0MzeMhD7L8-4=\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <u>pmayer@kaplanfox.com<\/u><br \/>\n          <\/strong><br \/>\n        <\/a><br \/>\n        <strong> or calling (646) 315-9003.<\/strong>\n      <\/p>\n<p align=\"justify\">If you are a member of the proposed Class, you may move the court <strong>no later than June 13, 2023<\/strong> to serve as a lead plaintiff for the purported class.\u00a0 If you have losses, we encourage you to contact us to learn more about the lead plaintiff process.<\/p>\n<p align=\"justify\">On March 6, 2023 after the market closed, Nutanix announced that the Company would be unable to timely file its quarterly report for the quarter ended January 31, 2023. The Company disclosed that \u201c[t]he Audit Committee of the Company\u2019s Board of Directors (the \u201cAudit Committee\u201d), with the assistance of outside counsel, is conducting an investigation following Company management\u2019s discovery that certain evaluation software from one of the Company\u2019s third-party providers was instead used for interoperability testing, validation and customer proofs of concept over a multi-year period[,]\u201d and that \u201c[i]t is likely that additional costs would be incurred to address the additional use of the software.\u201d During the conference call held the same day, the Company\u2019s CEO explained that the Company would be required to pay the cost of using software from a third-party provider beyond the scope of its intended usage over a multi-year period.<\/p>\n<p align=\"justify\">Following this news, the price of Nutanix stock fell $2.27 per share, or 7.89%, to close at $26.50 per share on March 7, 2023.<\/p>\n<p align=\"justify\">\n        <strong>WHY CONTACT KAPLAN FOX<\/strong> &#8211; Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox &amp; Kilsheimer LLP, you may visit our website at www.kaplanfox.com.<\/p>\n<p align=\"justify\">This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n<p align=\"justify\">If you have any questions about this Notice, your rights, or your interests, please contact:<\/p>\n<p align=\"justify\">Pamela Mayer <br \/> KAPLAN FOX &amp; KILSHEIMER LLP <br \/> 800 Third Avenue, 38th Floor <br \/> New York, New York\u00a010022 <br \/> (646) 315-9003 <br \/> E-mail: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-S0BsCSCyDLVmfdlMQannXKDvxtUs_tY6ul5XXY-fyUCVjIyE0_TBYPRX_EMQrJaFFxVdjPxdXVXx01EkmGeLcKlKcouugaEua6ZgO50Qew=\" rel=\"nofollow noopener\" target=\"_blank\"><u>pmayer@kaplanfox.com<\/u><\/a><\/p>\n<p align=\"start\">Laurence D. King <br \/> KAPLAN FOX &amp; KILSHEIMER LLP <br \/> 1999 Harrison Street, Suite 1560 <br \/> Oakland, California 94612 <br \/> (415) 772-4704 <br \/> Fax:\u00a0 (415) 772-4707 <br \/> E-mail: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rqpsOsp8uA2Q0xLlQXEU3rhRK61nbEl1EUyv5bN1gt5QPitsrygz5nH-JLYz37TyPVvGmtLp8fxM5CXVZAoRRm-eqMlprtvfJ50k40JKiDk=\" rel=\"nofollow noopener\" target=\"_blank\"><u>lking@kaplanfox.com<\/u><\/a><\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyOTMxOCM1NTY3ODg2IzIwMjA4OTE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NGM5NjA5YzItNGI0OC00ZmE3LWIxMzgtMThiN2ZjMjNmY2M0LTEwMzE5OTk=\/tiny\/Kaplan-Fox-Kilsheimer-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, May 01, 2023 (GLOBE NEWSWIRE) &#8212; Kaplan Fox &amp; Kilsheimer LLP reminds investors that a complaint has been filed on behalf of investors who purchased or otherwise acquired the securities of Nutanix, Inc. (\u201cNutanix\u201d or the \u201cCompany\u201d) (NASDAQ: NTNX) between September 21, 2021 and March 6, 2023, inclusive (the \u201cClass Period\u201d). Click Here to Join Investigation. If you acquired Nutanix securities during the Class Period and would like to discuss this case, please click here . You may also contact us by emailing pmayer@kaplanfox.com or calling (646) 315-9003. If you are a member of the proposed Class, you may move the court no later than June 13, 2023 to serve as a lead plaintiff for the purported class.\u00a0 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nutanix-investor-alert-kaplan-fox-kilsheimer-llp-notifies-nutanix-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NUTANIX INVESTOR ALERT: Kaplan Fox &amp; Kilsheimer LLP Notifies Nutanix Investors of a Class Action Lawsuit and Upcoming Deadline&#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-753255","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>NUTANIX INVESTOR ALERT: Kaplan Fox &amp; Kilsheimer LLP Notifies Nutanix Investors of a Class Action Lawsuit and Upcoming Deadline - 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\/nutanix-investor-alert-kaplan-fox-kilsheimer-llp-notifies-nutanix-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NUTANIX INVESTOR ALERT: Kaplan Fox &amp; Kilsheimer LLP Notifies Nutanix Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, May 01, 2023 (GLOBE NEWSWIRE) &#8212; Kaplan Fox &amp; Kilsheimer LLP reminds investors that a complaint has been filed on behalf of investors who purchased or otherwise acquired the securities of Nutanix, Inc. (\u201cNutanix\u201d or the \u201cCompany\u201d) (NASDAQ: NTNX) between September 21, 2021 and March 6, 2023, inclusive (the \u201cClass Period\u201d). Click Here to Join Investigation. If you acquired Nutanix securities during the Class Period and would like to discuss this case, please click here . You may also contact us by emailing pmayer@kaplanfox.com or calling (646) 315-9003. If you are a member of the proposed Class, you may move the court no later than June 13, 2023 to serve as a lead plaintiff for the purported class.\u00a0 &hellip; Continue reading &quot;NUTANIX INVESTOR ALERT: Kaplan Fox &amp; Kilsheimer LLP Notifies Nutanix Investors of a Class Action Lawsuit and Upcoming Deadline&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nutanix-investor-alert-kaplan-fox-kilsheimer-llp-notifies-nutanix-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-01T20:51:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyOTMxOCM1NTY3ODg2IzIwMjA4OTE=\" \/>\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\\\/nutanix-investor-alert-kaplan-fox-kilsheimer-llp-notifies-nutanix-investors-of-a-class-action-lawsuit-and-upcoming-deadline\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nutanix-investor-alert-kaplan-fox-kilsheimer-llp-notifies-nutanix-investors-of-a-class-action-lawsuit-and-upcoming-deadline\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"NUTANIX INVESTOR ALERT: Kaplan Fox &amp; 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(\u201cNutanix\u201d or the \u201cCompany\u201d) (NASDAQ: NTNX) between September 21, 2021 and March 6, 2023, inclusive (the \u201cClass Period\u201d). Click Here to Join Investigation. If you acquired Nutanix securities during the Class Period and would like to discuss this case, please click here . You may also contact us by emailing pmayer@kaplanfox.com or calling (646) 315-9003. If you are a member of the proposed Class, you may move the court no later than June 13, 2023 to serve as a lead plaintiff for the purported class.\u00a0 &hellip; Continue reading \"NUTANIX INVESTOR ALERT: Kaplan Fox &amp; Kilsheimer LLP Notifies Nutanix Investors of a Class Action Lawsuit and Upcoming Deadline\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/nutanix-investor-alert-kaplan-fox-kilsheimer-llp-notifies-nutanix-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/","og_site_name":"Market Newsdesk","article_published_time":"2023-05-01T20:51:28+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyOTMxOCM1NTY3ODg2IzIwMjA4OTE=","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\/nutanix-investor-alert-kaplan-fox-kilsheimer-llp-notifies-nutanix-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nutanix-investor-alert-kaplan-fox-kilsheimer-llp-notifies-nutanix-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"NUTANIX INVESTOR ALERT: Kaplan Fox &amp; 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