Investor Alert: Kaplan Fox Announces Investigation Of Gigamon, Inc.

NEW YORK, Jan. 19, 2017 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Gigamon, Inc. ("Gigamon" or the "Company") (NYSE: GIMO). Investors who purchased shares of Gigamon common stock during the period October 28, 2016 through January 17, 2017 may be affected.

On January 18, 2017, Gigamon announced preliminary fourth quarter and fiscal year 2016 results.  Among other things, Gigamon reported that fourth quarter revenue for the period ending December 31, 2016 would be "$84.5 million to $85 million compared to the company's prior guidance of $91 million to $93 million [announced on October 27, 2016]."  Additionally, Gigamon announced that "[f]ourth quarter revenue fell short primarily due to lower than expected product bookings in our North America West region, as several significant existing customer accounts deferred purchasing decisions into 2017."

Following this news, Gigamon common stock fell in price by $12.65 per share, or 28.7%, to close at $31.40 per share on January 18, 2017.

If you are an investor who purchased Gigamon common stock between October 28, 2016 and January 17, 2017 and would like to discuss our investigation, please contact us by emailing pmayer@kaplanfox.com or by calling 800-290-1952.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, the action, your rights, or your interests, please contact:

Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: dhall@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400
San Francisco, California  94104
(415) 772-4700
Fax:  (415) 772-4707
E-mail: lking@kaplanfox.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/investor-alert-kaplan-fox-announces-investigation-of-gigamon-inc-300393635.html

SOURCE Kaplan Fox & Kilsheimer LLP