NTNX Lawsuit Filed: Jakubowitz Law Pursues Claims on Behalf of Nutanix, Inc. Shareholders

New York, New York--(Newsfile Corp. - March 9, 2021) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders Nutanix, Inc. (NASDAQ: NTNX).



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Affected shareholders purchased shares of NTNX between March 1, 2018 and May 30, 2019.

Shareholders interested in representing the class of wronged shareholders have until March 22, 2021 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

According to a filed complaint, Nutanix, Inc. issued materially false and/or misleading statements and/or failed to disclose that: Nutanix had materially overstated its customer base and sales productivity, and that such overstatements would eventually cause the Company's stock price to drop dramatically.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

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