NEW YORK, Aug. 15, 2017 /PRNewswire/ -- Juan
Monteverde, founder and managing partner at Monteverde &
Associates PC, a boutique securities firm headquartered at the
Empire State Building in New York
City announces that a class action lawsuit has been filed in
United States District Court, Western District of Washington, Seattle Division (Case No.
17-cv-01175) against Tableau Software, Inc. (NYSE: DATA)("Tableau"
or the "Company") on behalf of purchasers of the Company's
securities between June 3,
2015 and February 4, 2016,
inclusive (the "Class Period").
The lawsuit is based on whether Tableau and its executives
violated federal securities law by misleading investors by failing
to disclose that product launches and upgrades by major software
competitors were negatively impacting Tableau's competitive
position and profitability.
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
CEO stated that ''the competitive dynamic has become more crowded
and difficult.'' When this news was released, the Company's stock
price fell materially, which harmed investors according to the
Complaint.
Mr. Monteverde would like to personally discuss with you how
to potentially recover your monetary losses, if incurred during the
Class Period.
If you wish to serve as lead plaintiff, you must move the Court
no later than September 26,
2017. Any member of the putative class may move the
Court to serve as lead plaintiff through counsel of their choice,
or may choose to do nothing and remain an absent class member.
Click here for more information:
http://monteverdelaw.com/securities/. It is free
and there is no cost or obligation to you.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm committed that has
recovered millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates PC lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave, Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. Prior results do not guarantee a similar outcome with
respect to any future matter.
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