An investigation on behalf of investors of Alteryx Inc (NYSE:AYX) shares over potential securities laws violations by Alteryx Inc (NYSE:AYX and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Alteryx Inc (NYSE:AYX) concerning whether a series of statements by Alteryx Inc (NYSE:AYX regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Irvine, CA based Alteryx, Inc. is a United States-based provider of self-service data analytics software. Alteryx Inc reported that its annual Total Revenue rose from $53.82 million in 2015 to 985.79 million in 2016 and that its Net Loss increased from $21.45 million in 2015 to $24.26 million in 2016. Alteryx Inc went public in March 2017.

Shares of Alteryx Inc (NYSE:AYX) grew from $14.80 per share in April 2017 to as high as $28.60 per share on December 13, 2017.

On December 19, 2017, UpGuard, a cyber risk company, reported that Alteryx Inc left a database containing sensitive information on 123 million American households unsecured and open to the public.
Chris Vickery, UpGuard's cyber risk research director, told HuffPost he stumbled across the 36-gigabyte database during a routine search of Amazon Web Services' storage 'buckets,' which houses data for numerous companies of all sizes. Vickery stated, 'If you're an American, your information probably was exposed.'
According to CNET and the HuffPost, the databases contain addresses, phone numbers, number of children living in your household and their age ranges and gender; your age, occupational, marital, and educational status; your mortgage and many other detailed types of information about your household.

Shares of Alteryx Inc (NYSE:AYX) declined on December 20, 2017 to $23.95 per share.