Pivotal Software, Inc. (NYSE: PVTL) Investor Lawsuit Investigation

Our firm is investigating possible legal claims on behalf of Pivotal Software Investors. Pivotal Software (NYSE: PVTL) stock plummeted over 40% after the company sharply reduced its revenue guidance for the 2020 fiscal year. Analysts are calling Pivotal’s financial and operating results a “train wreck.”

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Pivotal Software Releases Disastrous Earnings Report; Shares Lose Over 40% of their Value

On June 4th, Pivotal Software, Inc. announced a decrease in their revenue forecast by over 50 million for the 2020 fiscal year. While management blamed “sales execution and a complex technology landscape” for the low earnings, Wedbush analyst Daniel Ives stated

It is clear to us that this management team does not have a handle on the underlying issues negatively impacting its sales cycles and the activity in the field which gives us concern that this quarter will be the start of some ‘dark days ahead’ for Pivotal.

As a result, PVTL shares plummeted over 40% and have yet to recover. Our firm is investigating legal claims on behalf of PVTL investors.

Our Securities Lawyers Have a Winning Record Against Companies Like Pivotal Software

Our securities lawyers have recovered over a billion dollars on behalf of our clients against behemoths, such as Chase Bank, Mastercard, and Anthem Blue Cross Blue Shield. Read more about our results.

You “shouldn’t presume that powerful banks and other powerful interests can just get away with doing bad things. Good, qualified counsel that are committed to a cause can usually figure out how to prosecute such cases effectively and prevail.”

Eric Gibbs, award-winning securities attorney

Praise from the Courts

Federal judge in our AT&T class action:

“I’ve always found them to be extraordinary counsel in terms of their preparation and their professionalism.”

Federal judge in our Chase lawsuit (resulting in $100 million settlement):

They “fought tooth and nail, down to the wire” to achieve “the best settlement that they could under the circumstances.”

Read more about what judges say about us.

Eileen Epstein Carney

Eileen works closely with investors in securities cases and has over a decade of experience in the legal world. She received her law degree from American University in 2005.

Dave Stein

David’s advocacy has generated major recoveries for consumers impacted by financial fraud. He was named to the Top 40 Under 40 by Daily Journal and a “Rising Star in Class Actions” by Law360.

Amanda Karl

Amanda is spearheading a securities lawsuit against NantHealth concerning fraudulent statements to investors about the success of its key product.

About Gibbs Law Group

Gibbs Law Group is a California-based law firm committed to protecting the rights of clients nationwide who have been harmed by corporate misconduct. We represent individuals, whistleblowers, employees, and small businesses across the U.S. against the world’s largest corporations. Our award-winning lawyers have achieved landmark recoveries and over a billion dollars for our clients in high-stakes class action and individual cases involving consumer protection, data breach, digital privacy, and federal and California employment lawsuits. Our attorneys have received numerous honors for their work, including “Top Plaintiff Lawyers in California,” “Top Class Action Attorneys Under 40,” “Consumer Protection MVP,” “Best Lawyers in America,” and “Top Cybersecurity/ Privacy Attorneys Under 40.”
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