NEW YORK, Jan. 19, 2017 /PRNewswire/ -- Kaplan Fox
& Kilsheimer LLP (www.kaplanfox.com) is investigating claims on
behalf of investors of Gigamon, Inc. ("Gigamon" or the "Company")
(NYSE: GIMO). Investors who purchased shares of Gigamon common
stock during the period October 28,
2016 through January 17, 2017
may be affected.
On January 18, 2017, Gigamon
announced preliminary fourth quarter and fiscal year 2016
results. Among other things, Gigamon reported that fourth
quarter revenue for the period ending December 31, 2016 would be "$84.5 million to $85 million compared to the
company's prior guidance of $91 million to
$93 million [announced on October
27, 2016]." Additionally, Gigamon announced that
"[f]ourth quarter revenue fell short primarily due to lower than
expected product bookings in our North America West region, as
several significant existing customer accounts deferred purchasing
decisions into 2017."
Following this news, Gigamon common stock fell in price by
$12.65 per share, or 28.7%, to close
at $31.40 per share on January 18, 2017.
If you are an investor who purchased Gigamon common stock
between October 28, 2016 and
January 17, 2017 and would like to
discuss our investigation, please contact us by emailing
pmayer@kaplanfox.com or by calling 800-290-1952.
Kaplan Fox & Kilsheimer LLP,
with offices in New York,
San Francisco, Los Angeles, Chicago and New
Jersey, has many years of experience in prosecuting investor
class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit
our website at www.kaplanfox.com. If you have any questions
about this Notice, the action, your rights, or your interests,
please contact:
Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: dhall@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400
San Francisco, California
94104
(415) 772-4700
Fax: (415) 772-4707
E-mail: lking@kaplanfox.com
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SOURCE Kaplan Fox &
Kilsheimer LLP