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INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Verint Systems, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

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LOS ANGELES–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24VRNT&src=ctag” target=”_blank”gt;$VRNTlt;/agt; lt;a href=”https://twitter.com/hashtag/ClassAction?src=hash” target=”_blank”gt;#ClassActionlt;/agt;–The
Schall Law Firm
, a national shareholder rights litigation firm,
announces that it is investigating claims on behalf of investors of
Verint Systems, Inc. (“Verint” or “the Company”) (NASDAQ: VRNT)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
Exchange Commission.

The investigation focuses on whether the Company issued false and/or
misleading statements and/or failed to disclose information pertinent to
investors. Spruce Point Capital Management released a report on May 23,
2019, alleging that Verint used “aggressive M&A and dubious accounting”
to compensate for slow growth. The report also stated that the Company’s
proxy fight with Neuberger Berman raised “significant red flags” about
its corporate governance. Based on this report, shares of Verint fell by
10% the same day.

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

We also encourage you to contact Brian Schall, or Rina Restaino, of the
Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA
90067, at 424-303-1964, to discuss your rights free of charge. You can
also reach us through the firm’s website at www.schallfirm.com,
or by email at [email protected].

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The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
litigation.

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

Contacts

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The Schall Law Firm
Brian Schall, Esq.
Rina Restaino, Esq.
310-301-3335
Cell:
424-303-1964
[email protected]
www.schallfirm.com


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