INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Carbonite, Inc. Investors (CARB)
CARBONITE (CARB)
Last carbonite earnings: 11/11 08:00 am
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US:NASDAQ Investor Relations:
investor.carbonite.com/investor-relations
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Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Carbonite, Inc. (“Carbonite” or the “Company”) (NASDAQ: CARB) common stock between February 7, 2019 and July 25, 2019, inclusive (the “Class Period”). Carbonite investors have until September 30, 2019 to file a lead plaintiff motion.Investors suffering losses on their Carbonite investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.On July 25, 2019, after the market closed, the Company reported revenue of $121.5 million for second quarter 2019 due to “challenges in parts of [its] data protection business.” Moreover, the Company reduced its full year revenue guidance from a range of $457 to $471 million, to a range of $443.5 to $448.5 million. The Company’s Chief Executive Officer, Mohamad Ali, resigned
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