Skip to main content

Glancy Prongay & Murray LLP Continues Investigation on Behalf of Verint Systems Inc. Investors (VRNT)

Glancy Prongay & Murray LLP (“GPM”) announces the continuation of its investigation on behalf of Verint Systems Inc. (“Verint” or the “Company”) (NASDAQ: VRNT) investors concerning the Company and its officers’ possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com.

On May 23, 2019, Spruce Point Capital Management released a report alleging 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.

On this news, the Company’s share price fell $5.68, nearly 10%, to close at $55.49 per share on May 23, 2019, thereby injuring investors.

If you purchased Verint securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts:

Glancy Prongay and Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
www.glancylaw.com
shareholders@glancylaw.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.