SAN DIEGO, March 30, 2016 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP today announced that it is investigating possible violations of federal securities laws by certain officers and directors of Verint Systems Inc. (NASDAQ: VRNT). Verint provides actionable intelligence solutions and value-added services worldwide.
On March 29, 2016, Verint reported adjusted earnings of $0.90 per diluted share on revenue of $281.8 million for the three month period ended January 31, 2016. Analysts had forecasted earnings of $1.16 per share on revenue of $318.5 million for the quarter. On this news, the price of Verint common stock dropped more than $15% on March 30, 2016, in early morning trading, on unusually heavy trading volume.
If you have information that could assist in this investigation, or if you are a Verint shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (firstname.lastname@example.org) by email or by phone at 619-814-4471. If emailing, please include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
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SOURCE Johnson & Weaver, LLP