LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC (www.Goldberglawpc.com) announces that a class action lawsuit has been filed against Apigee Corporation (“Apigee” or the “Company”) (Nasdaq: APIC). Investors who purchased or otherwise acquired shares traceable to the Company’s April 24, 2015 initial public offering, are encouraged to contact the firm in advance of the lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click here to participate. In addition, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, ca 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at email@example.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the complaint, the Company failed to disclose that: (1) Apigee was dealing with direct competition from Amazon; and (2) the Company’s revenues during the second quarter of 2015 included an unusually large transaction from one customer who comprised nearly 35% of that quarter’s revenues.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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