PHILADELPHIA--(BUSINESS WIRE)--

The law firm of Spector, Roseman & Kodroff, P.C. announces that a securities class action lawsuit has been filed on behalf of investors who purchased Tintri, Inc. (NASDAQ: TNTR) (“Tintri” or the “Company”) securities issued pursuant and/or traceable to the company’s initial public offering (“IPO”) on or about June 30, 2017.

A lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of all those who purchased Tintri securities in connection with the Company's IPO. The case, Tuller v. Tintri, Inc. et al., No. 2:17-cv-06857 was filed on September 18, 2017.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the Company experienced distraction, disruption, and sales attrition during its IPO; and (2) as a result, the Company's statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. On September 7, 2017, the Company held an earnings conference call for the second quarter during which the Company's CEO stated that "Q2 revenue grew 27% over the same quarter a year ago, at the low end of our expectations," and that this was "primarily due to distraction, disruption and some sales attrition occurred during and after our IPO." On this news, Tintri's share price fell $2.13 per share, or 31%, to close at $4.55 per share on September 8, 2017.

If you purchased Tintri securities pursuant or traceable to the company’s IPO, you may, no later than November 17, 2017, move to be appointed as a Lead Plaintiff in this class action. A Lead Plaintiff is a representative chosen by the Court that acts on behalf of other class members in directing the litigation.

If you have sustained substantial losses and wish to move to be appointed as Lead Plaintiff, please contact Spector, Roseman & Kodroff, P.C. at [email protected]. If you have relatively small losses, your ability to participate in any recovery will be protected by the Lead Plaintiff(s), and you need not take any affirmative steps at this time.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please call us toll-free at 888-844-5862 or via e-mail at [email protected]. For more detailed information about the firm please visit its website at http://www.srkattorneys.com.

Spector, Roseman & Kodroff, P.C., located in Philadelphia, Pennsylvania, concentrates its practice in complex litigation including actions dealing with securities laws, antitrust, contract, and commercial claims. The firm is active in major litigation pending in federal and state courts throughout the United States. The firm’s reputation for excellence has been recognized on repeated occasions by courts which have appointed the firm as lead counsel in numerous major class actions involving violations of the federal securities laws and the federal antitrust laws. As a result of the efforts of the firm, and its members, hundreds of millions of dollars have been recovered through judgments and settlements on behalf of thousands of defrauded shareholders and companies.

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