News & Trends

Wilson Sonsini Reps Cloud Computing Firm Nutanix in Securities Suit Over Declining Sales Revenue



Ignacio E. Salceda of Wilson Sonsini Goodrich & Rosati has entered an appearance for cloud computing company Nutanix Inc., CEO Dheeraj Pandey and CFO Duston M. Williams in a pending securities class action. The complaint, for alleged misrepresentations intended to conceal Nutanix’s declining sales revenue, was filed May 28 in California Northern District Court by Levi & Korsinsky. The case, assigned to U.S. District Judge Vince Chhabria, is 3:21-cv-04080, John P. Norton, on behalf of the Norton Family Living Trust UAD 11/15/2002 v. Nutanix Inc. et al.

This suit was surfaced by Radar, a source for high-speed legal news and litigation updates personalized to your practice. Radar publishes daily updates on just-filed federal cases like this one. Click here to get started and be first to know about new suits in your region, practice area or client sector.

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