Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
Robinhood Expands Sports Event Contracts With Player Performance Wagers 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
IRVINE, Calif., Aug. 21, 2017 -- Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against Tableau Software, Inc. (“Tableau” or the “Company”) (NYSE:DATA). Investors who purchased or otherwise acquired shares from June 3, 2015 through February 4, 2016, inclusive (the “Class Period”), are encouraged to contact the Firm before the September 26, 2017 lead plaintiff motion deadline.
If you purchased Tableau shares during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 4000 Barranca Parkway, Suite 250, Irvine, CA 92604, by telephone at (949) 419-3834, or by e-mail at [email protected].
There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member as well.
According to the Complaint, throughout 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 the Company’s competitive position and profitability. As a result, Tableau’s financial statements were materially false and misleading at all relevant times. On August 7, 2015, the Company filed a quarterly report on Form 10-Q reaffirming financial results issued in a July 29, 2015 press release. On February 4, 2016, the Company disclosed slowing revenue. In a related earnings call, the Chief Executive Officer stated that “the competitive dynamic has become more crowded and difficult.” Upon release of this news, Tableau’s stock price dropped materially, which caused investors harm according to the Complaint.
If you wish to learn more about this lawsuit, or if you have any questions regarding this notice or your rights, please contact Joon M. Khang, Esq., a prominent litigator for almost two decades, by telephone at (949) 419-3834, or by e-mail at [email protected].
This press release may constitute Attorney Advertising in certain jurisdictions.
Contact Joon M. Khang, Esq. Telephone: 949-419-3834 Facsimile: 949-225-4474 [email protected]
