INVESTOR ALERT: Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Verint Systems Inc.
May 24 2019 - 8:30PM
Business Wire
The law firm of Kirby McInerney LLP is investigating potential
claims against Verint Systems Inc. (“Verint” or the “Company”)
(NASDAQ: VRNT). This investigation concerns whether Verint has
violated federal securities laws and/or engaged in other unlawful
business practices.
On May 23, 2019, Spruce Point Capital Management released a
report accusing Verint of “making up for slow growth with
aggressive M&A and dubious accounting.” The report highlighted
Verint’s “disregard for shareholders concerns” and expressed
concern over the Company’s “atrocious governance,” especially in
regard to its proxy fight with Neuberger Berman, which has raised
“significant red flags.”
On this news, the Verint’s share price fell $5.68 per share,
approximately 9.3%, to close at $55.49 on May 23, 2019.
If you acquired Verint securities, have information, or would
like to learn more about these claims, please contact Thomas W.
Elrod of Kirby McInerney LLP at 212-371-6600, by email at
investigations@kmllp.com, or by filling out this contact form, to
discuss your rights or interests with respect to these matters
without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, and whistleblower
litigation. The firm’s efforts on behalf of shareholders in
securities litigation have resulted in recoveries totaling billions
of dollars. Additional information about the firm can be found at
Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190524005434/en/
Kirby McInerney LLPThomas W. Elrod, Esq., (212)
371-6600investigations@kmllp.comwww.kmllp.com
Verint Systems (NASDAQ:VRNT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Verint Systems (NASDAQ:VRNT)
Historical Stock Chart
From Jul 2023 to Jul 2024