SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Reminds Shareholders of Class Action Against Tableau Software, Inc. (DATA) & Lead Plaintiff Deadline: September 26, 2017
NEW YORK, NY / ACCESSWIRE / August 16, 2017 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Tableau Software, Inc. ("Tableau" or the "Company") (DATA) and certain of its officers, on behalf of shareholders who purchased Tableau securities between June 3, 2015 and February 4, 2016, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: http://www.bgandg.com/data.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
The Complaint alleges that, during the Class Period, Tableau made false and/or misleading statements, and/or failed to disclose that product launches and upgrades by major software competitors were negatively impacting its competitive position and profitability, and, as a result, Tableau's financial statements were materially false and misleading at all relevant times.
On August 7, 2015, Tableau filed its quarterly report on Form 10-Q restating financial results issued in a July 29, 2015 press release. On February 4, 2016, the Company revealed slowing revenue and in a related earnings call, when the CEO stated that, "the competitive dynamic has become more crowded and difficult." Following this news, Tableau stock dropped, damaging investors.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: http://www.bgandg.com/data. or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Tableau, you have until September 26, 2017 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.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
