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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Verint Systems Inc (NASDAQ: VRNT) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Verint Systems Inc (NASDAQ: VRNT) concerning whether a series of statements by Verint Systems Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 23, 2019, a report released by Spruce Point Capital Management claimed that the Company compensated for slow growth with “aggressive M&A and dubious accounting” and that the Company’s proxy fight with Neuberger Berman raised “significant red flags” about its corporate governance.
Following this news, NASDAQ: VRNT fell $5.68, nearly 10%, to close at $55.49 per share on May 23, 2019.
Based in Melville, New York, and founded in 1994 Verint Systems Inc provides actionable intelligence solutions worldwide.
If you purchased shares of Verint Systems Inc (NASDAQ: VRNT) on or before May 23, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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