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Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of NetApp, Inc. (NASDAQ: NTAP) from May 22, 2019 through August 1, 2019 (the “Class Period”). The lawsuit seeks to recover damages for NetApp investors under the federal securities laws.
If you bought NetApp, Inc. securities between May 22, 2019 through August 1, 2019 and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against NetApp, Inc. – NTAP
New York, N.Y., September 10, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of NetApp, Inc. between May 22, 2019 and August 1, 2019, inclusive (the “Class Period”). 2
To join the NTAP class action, go to http://zhanginvestorlaw.com/cases/netapp-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email email@example.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company was unable to close large deals within the quarter and that the deals were pushed out to subsequent quarters or downsized; (2) the Company’s revenue would be materially impacted; (3) the Company would lower its fiscal 2020 guidance; and (4) as a result, NetApp’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 15, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/netapp-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at firstname.lastname@example.org.
Zhang Investor Law represents investors worldwide.