in Newswire August 5, 2019

Carbonite Facing Proposed Securities Suit Over Backup Service Product’s ‘Poor Reception’

by Erin Gilmore

Last Updated on August 5, 2019

Luna v. Carbonite, Inc. et al

Filed: August 1, 2019 § 1:19cv11662

Carbonite, Inc. and its CEO and CFO have been named in a proposed class action filed by a stockholder who claims the software company lied to investors about the quality of a cloud-based backup service product launched in October 2018.

Defendant(s)

Carbonite, Inc.

State(s)

Massachusetts

Last Updated on August 5, 2019 — 2:08 PM

Erin Gilmore

erin@classaction.org

Erin works primarily on ClassAction.org’s newswire, reporting on cases as they happen. She is an honest writer, a faithful friend, and a mediocre bassist.

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