New York, New York--(Newsfile Corp. - December 3, 2020) - Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Splunk Inc. ("Splunk" or the "Company") (NASDAQ: SPLK) resulting from allegations that Kandi might have issued misleading information to the investing public.
If you purchased Splunk securities, and/or would like to discuss your legal rights and options please visit Splunk Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.
On December 2, 2020, Splunk announced its third-quarter earnings in a press release. The report stated that Splunk's revenue was $559 million, missing Wall Street estimates of $613 million. Splunk also stated in the report that it expected revenue for its fiscal fourth quarter in the range of $650 million to $700 million, well short of Wall Street's expected $777 million.
On this news, the price of Splunk's shares fell sharply.
If you purchased Splunk securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/splunkinc-splk-shareholder-class-action-lawsuit-stock-fraud-338/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
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