NEW YORK--(BUSINESS WIRE)--
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Tintri, Inc. (NASDAQ:TNTR) resulting from allegations that Tintri may have issued materially misleading business information to the investing public.
On June 30, 2017, Tintri commenced its initial public offering for $7.00 per share. 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. Tintri now projects revenues to increase just slightly quarter over quarter to $36-$37 million compared to analysts’ expectations of $42.5 million. On this news, shares of Tintri fell $2.13 per share or over 31% to close at $4.55 per share on September 8, 2017, damaging investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Tintri investors. If you purchased shares of Tintri, please visit the firm’s website at http://www.rosenlegal.com/cases-1208.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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