Market Overview

Robbins Arroyo LLP: Court Terminates Tableau Software, Inc.'s (DATA) Securities Class Action Motion to Dismiss


Shareholder rights law firm Robbins
Arroyo LLP
is investigating whether certain officers and directors
of Tableau Software, Inc. (NYSE:DATA) breached their fiduciary duties
to shareholders. Purchasers of Tableau filed a securities class action
complaint against the company's officers and directors for alleged
violations of the Securities Exchange Act of 1934 between February 5,
2015 and February 4, 2016. According to the complaint, Tableau
downplayed competitive threats until February 4, 2016, when the company
revealed that it expected the company's 2016 first quarter revenue
growth rate to decline approximately 25% on a year-over-year basis,
finally signaling to the market the true adverse effect of Tableau's
competitors on the business. On July 2, 2018, U.S. District Judge John
G. Koeltl ordered that defendants' motion to dismiss plaintiff's second
amended complaint be closed, paving the way for litigation to proceed.

View this press release on the firm's Shareholder Rights Blog:

Tableau Shareholders Have Legal Options

Concerned shareholders who would like more information about their
rights and potential remedies can contact attorney Leonid Kandinov at
(800) 350-6003,,
or via the shareholder
information form
on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder
rights law. The firm represents individual and institutional investors
in shareholder derivative and securities class action lawsuits, and has
helped its clients realize more than $1 billion of value for themselves
and the companies in which they have invested. Sign up for our FREE
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Attorney Advertising. Past results do not guarantee a similar outcome.

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