United States District Court: NEW Jul 21, 2014 - 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 /quotes/zigman/9581070/delayed /quotes/nls/blox 0.58% common stock between September 5, 2013 and May 29, 2014. , according to Market Watch. 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. For more information, click here: http://zlk.9nl.com/infoblox-blox .
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Tagged under Northern District of California, class action lawsuit topics.