Cloudera, Inc. Class Action Lawsuit - CLDR

Company
Cloudera, Inc. (NYSE: CLDR)
Lead Plaintiff Deadline
August 6, 2019 (Expired)
Class Period
April 28, 2017 - June 5, 2019

Expired

Lead Plaintiff Deadline

Aug 6, 2019

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Allegations

(i) Cloudera was finding it increasingly difficult to identify large enterprises interested in adopting the Company’s Hadoop-based platform; (ii) Cloudera needed to expend an increasing amount of capital on sales and marketing activities to generate new revenues, even as new revenue opportunities were diminishing; and (iii) Cloudera had materially diminished sales opportunities and prospects and could not generate annual positive cash flows.

Eligibility

In order to be eligible to join the CLDR class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until August 6, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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