October 07, 2020
A California federal judge on Monday decided that shareholders of cloud computing infrastructure company Nutanix Inc. must revise their consolidated derivative allegations that the company's executives hurt investors by mismanaging the company.
April 23, 2020
Nutanix Inc. and its executives urged a California federal judge to toss a shareholder derivative action over their alleged misstatements about new customer growth, arguing Wednesday that the investors failed to explain why they did not first bring their concerns to the board of directors.