Shareholders Foundation, Inc.

Verint Systems Inc. (NASDAQ:VRNT) Shareholder Alert: Investigation over Possible Violations of Securities Laws

An investigation for investors in NASDAQ:VRNT shares over potential securities laws violations by Verint Systems Inc. was announced and NASDAQ:VRNT stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 05/06/2016 -- An investigation for shareholders of Verint Systems Inc. (NASDAQ:VRNT) over potential securities laws violations by Verint Systems Inc in connection certain financial statements was announced.

Investors who purchased shares of Verint Systems Inc. (NASDAQ:VRNT), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on 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 March 29, 2016, Verint Systems Inc. announced its fourth quarter and full year results and issued its financial outlook for the year ending January 31, 2017. Verint Systems Inc. reported that its Total Revenue rose from over $1.12 billion for the 12 months period that ended on January 31, 2015 to over $1.13 billion for the 12 months period that ended on January 31, 2016 while its respective Net Income declined from $30.93 million to $17.64 million. Shares of Verint Systems Inc. (NASDAQ:VRNT) declined on March 30, 2016 to as low as $29.80 per share.

On April 5, 2016, NASDAQ:VRNT shares closed at $33.34 per share.

Those who purchased shares of Verint Systems Inc. (NASDAQ:VRNT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com