NetApp, Inc. Class Action Lawsuit - NTAP

Company
NetApp, Inc. (NASDAQGS: NTAP)
Lead Plaintiff Deadline
October 15, 2019 (Expired)
Class Period
May 22, 2019 - August 1, 2019

Expired

Lead Plaintiff Deadline

Oct 15, 2019

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Allegations

(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) as a result, the Company’s revenue would be materially impacted; (3) as a result, the Company would lower its fiscal 2020 guidance; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the NTAP 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 October 15, 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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