This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. When the market learned the truth about Carbonite, investors suffered damages. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. Prime 7.50/month billed annually Buy now. Basic 4.20/month billed annually Buy now. The product was so flawed that it acted as a “disruptive” factor amongst Carbonite’s sales force, constraining salespeople from closing several large deals in fiscal year 2019. Limited time only Get started with the backup plan that's right for you. The Company received many negative reviews of the product from its customers. Carbonite’s Server Backup VM Edition product suffered from deep quality flaws and poor technology. If you choose to take no action, you can remain an absent class member.Īccording to the Complaint, the Company made false and misleading statements to the market. You can also reach us through the firm’s website at or by email at class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. CARBONITE INC FREEWe also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 42, to discuss your rights free of charge. If you are a shareholder who suffered a loss, click here to participate. Investors who purchased the Company’s securities between Februand July 25, 2019, inclusive (the ”Class Period”), are encouraged to contact the firm before September 30, 2019. (“Carbonite” or “the Company”) (NASDAQ: CARB) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Los Angeles, AugThe Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Carbonite, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm Press Release IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Carbonite, Inc. The product was so flawed that it acted as a “disruptive” factor amongst Carbonite’s sales force, constraining salespeople from closing several large deals in fiscal year 2019. According to the Complaint, the Company made false and misleading statements to the market.
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