INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pivotal Software, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
PIVOTAL SOFTWARE INC (PVTL)
Last pivotal software inc earnings: 9/4 04:11 pm
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Pivotal Software, Inc. (“Pivotal” or “the Company”) (NYSE: PVTL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Pivotal reported financial results or the first quarter of Fiscal Year 2020 on June 4, 2019. Wedbush analyst Daniel Ives described the Company’s quarterly results as a “train wreck” and its deferred revenue and billing numbers as “disastrous” as part of a downgrade on June 5, 2019, according to Bloomberg. Shares of Pivotal were down by more than 40% during intrada
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