Civil Litigation
Sep. 22, 2017
Investors sue data management company after stock drops following IPO
Disgruntled investors are suing data management and storage company Tintri as its stock price has plunged by more than half since its initial public offering.
Disgruntled investors are suing data management and storage company Tintri Inc. as its stock price has plunged by more than half since its initial public offering.
Class action plaintiffs allege Tintri leaders failed to disclose at the time of the IPO that key members of its sales force — a major factor driving its previous strong growth — were likely to leave the company. Clayton v. Tintri Inc. et al., 17CIV04312 (San Mateo Super. ...
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