|By Marketwired .||
|July 17, 2014 06:37 PM EDT||
NEW YORK, NY -- (Marketwired) -- 07/17/14 -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of investors who purchased Infoblox, Inc. ("Infoblox" or the "Company") (NYSE: BLOX) common stock between September 5, 2013 and May 29, 2014.
For more information, click here: http://zlk.9nl.com/infoblox-blox.
On May 29, 2014, the Company announced a revenue for the third quarter of $61 million, citing "challenges in closing seven-figure transactions." Infoblox also lowered its year-over-year revenue forecast and, in a separate press release issued the same day, announced that its CEO, Robert Thomas, is stepping down. Shares of Infoblox were down more than 37% on intraday trading on May 30, 2014.
If you suffered a loss in Infoblox you have until July 29, 2014 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/infoblox-blox.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510