NEW YORK, Sept. 26, 2017 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of purchasers of Tintri, Inc. securities (NASDAQ:TNTR) (“Tintri”) pursuant and/or traceable to Tintri’s Registration Statement and Prospectus issued in connection with Tintri’s initial public offering completed on or about June 30, 2017 (the “IPO”) at $7.00 per share.
Investors who have incurred losses Tintri, Inc. in are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action on our website, www.whafh.com.
If you have purchased shares of Tintri, Inc. and would like to assist with the litigation process as a lead plaintiff, you may, no later than November 17, 2017, request that the Court appoint you lead plaintiff of the proposed class.
The filed Complaint alleges that Tintri made false and/or misleading statements and/or failed to disclose material information in connection with its IPO.
On September 7, 2017, Tintri announced its second quarter results, reporting revenue at the low end of analysts’ expectations and weaker than expected third quarter guidance. The Company projected revenues to increase just slightly quarter over quarter to $36-$37 million compared to expectations of $42.5 million.
Following this news, Tintri’s stock price dropped over 31% to close at $4.55 per share on September 8, 2017, which caused investors harm.
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.
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Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, kcooper@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774
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