NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP is investigating Infoblox, Inc. (“Infoblox” or the “Company”) (NYSE:BLOX) in connection with possible breaches of fiduciary duty.
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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 are down more than 37% on intraday trading on May 30, 2014.
If you own common stock in Infoblox and wish to obtain additional information, please contact Eduard Korsinsky, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/infoblox-blox.
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