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Robbins Geller Rudman & Dowd LLP Announce Class Action Lawsuit Involving Tableau Software Inc. Securities

The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the Tableau Software Securities Litigation:

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK

   

CARRIE SCHEUFELE, JEFFREY SCHEUFELE
and NICHOLAS ORAM, Individually and on Behalf of All
Others Similarly Situated,
Plaintiffs,

vs.

TABLEAU SOFTWARE, INC., et al.,

Defendants.

 

X

:

:

:

:

:

:

X

 

Civil Action No. 1:17-cv-05753-JGK


CLASS ACTION


SUMMARY NOTICE OF PENDENCY OF CLASS ACTION

   

SUMMARY NOTICE OF PENDENCY OF CLASS ACTION

TO: ALL PERSONS AND ENTITIES THAT PURCHASED OR OTHERWISE ACQUIRED TABLEAU SOFTWARE, INC.’S CLASS A COMMON STOCK BETWEEN FEBRUARY 5, 2015 AND FEBRUARY 4, 2016, INCLUSIVE, AND WERE DAMAGED THEREBY.

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure, that the above-captioned securities class action lawsuit (the “Litigation”) is currently pending against Tableau Software, Inc., and certain of its former officers and/or directors before the Honorable John G. Koeltl, United States District Judge, Southern District of New York. Additional details regarding the parties to this lawsuit can be accessed at the case website.

The Court certified as a “Class” all persons and entities that purchased or otherwise acquired shares of Tableau Software, Inc.’s (“Tableau” or the “Company”) Class A common stock between February 5, 2015 and February 4, 2016, inclusive (the “Class Period”), and were damaged thereby. Excluded from the Class are Defendants, present or former executive officers of Tableau, and their immediate family members (as defined in 17 C.F.R. §229.404, Instructions (1)(a)(iii) and 1(b)(ii)).

The Court has directed that notice of the Court’s certification of the Litigation as a class action on behalf of the Class be provided to such persons and entities. The Court has not determined that Defendants did anything wrong and this Notice is not an admission by Defendants or an expression of any opinion of the Court concerning the merits of the lawsuit, or a finding by the Court that the claims asserted by the Plaintiff in this case are valid. Defendants have not been ordered to pay any money. No settlement has been reached. There is no money available now and no guarantee that there will be in the future.

If you purchased or acquired Tableau Class A common stock during the Class Period, you may be a “Class Member” and your rights may be affected by this Litigation. If you have not received a copy of the detailed “Notice of Pendency of Class Action,” you may obtain a copy by contacting the Notice Administrator at: Tableau Securities Litigation Notice Administrator, c/o Gilardi & Co. LLC, P.O. Box 43398, Providence, RI 02940-3398, or by calling 1-888-788-4733, or by downloading a copy at www.TableauSecuritiesLitigation.com. If you are a Class Member and did not receive the Notice by mail, please send your name and address to the Notice Administrator so that if any future notices are disseminated in connection with the Litigation, you will receive them.

Inquiries, other than requests for the Notice, may be made to Court-appointed Class Counsel:

David A. Rosenfeld
ROBBINS GELLER RUDMAN & DOWD LLP
58 South Service Road, Suite 200
Melville, NY 11747
Telephone: 631/367-7100
631/367-1173 (fax)
www.rgrdlaw.com

If you are a Class Member, you have the right to decide whether to remain a member of the Class. If you want to remain a member of the Class, you do not need to do anything at this time other than retain your documentation reflecting your transactions in Tableau Class A common stock. You will automatically be included in the applicable Class, and you will be bound by the proceedings in this Litigation, including all past, present and future orders and judgments of the Court, whether favorable or unfavorable.

If you are a Class Member and do not wish to remain a member of the Class, you must take steps to exclude yourself from the Class. To exclude yourself from the Class, you must submit a written request for exclusion to the Notice Administrator postmarked no later than July 21, 2020, in accordance with the instructions set forth in the mailed Notice. If you choose to exclude yourself, you cannot get money or benefits recovered, if any are awarded, at a later date.

This Notice is only a summary. For more information visit www.TableauSecuritiesLitigation.com or call 1-888-788-4733.

PLEASE DO NOT CONTACT THE COURT OR THE CLERK’S OFFICE REGARDING THIS NOTICE

DATED: May 12, 2020

BY ORDER OF THE COURT

UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF NEW YORK

Contacts:

Robbins Geller Rudman & Dowd LLP
Shareholder Relations
Rick Nelson
1-619-231-1058

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