All representation is on a contingency fee basis. Shareholders pay no fees or expenses. What is this Case About: Nutanix, Inc. (NTNX) Misled Investors Regarding its Internal Controls and is Not Currently in Compliance with NASDAQ Listing Rule 5250(c)(1) According to the complaint, during the class period, defendants failed to disclose that: (i) the Company maintained deficient internal controls relating to its use of licensed software and expense management; (ii) as a result of these deficiencies, the Company improperly used third-party evaluation software for business purposes over a multi-year period; and (iii) investigation and remediation of the foregoing—i.e., by paying vendors the full cost to use their software for business purposes—would cause the Company to incur significant expenses. On March 6, 2023, Nutanix issued a press release reporting selected preliminary second quarter fiscal 2023 financial results.