INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on Behalf of Tintri, Inc. Investors (TNTR)

BENSALEM, Pa.--()--Law Offices of Howard G. Smith continues its investigation on behalf of Tintri, Inc. (“Tintri” or the “Company”) (NASDAQ: TNTR) investors concerning the Company and its officers’ possible violations of federal securities laws.

“approved a restructuring and reduction in force plan of a little more than 10% of the Company’s global workforce.”

On June 30, 2017, the Company commenced its initial public offering at a price of $7.00 per share.

On September 7, 2017, Tintri announced its second quarter results, reporting revenue at the low end of analysts’ expectations and weaker than expected third quarter guidance. The Company now projects third quarter revenues to be between just $36 million and $37 million. On this news, Tintri’s stock price fell more than 31% to close at $4.55 per share on September 8, 2017.

Then, on September 20, 2017, the Company stated that its Board had “approved a restructuring and reduction in force plan of a little more than 10% of the Company’s global workforce.” On this news, the Company’s share price has fallen approximately 16% during intraday trading on September 20, 2017, thereby injuring investors.

If you purchased Tintri securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

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Release Summary

Law Offices of Howard G. Smith continues its investigation on behalf of Tintri, Inc. investors.

Law Offices of Howard G. Smith