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Lawsuit filed for Investors in shares of Verb Technology Company, Inc. (NASDAQ: VERB)

08-03-2019 02:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A lawsuit was filed on behalf of investors in Verb Technology Company, Inc. (NASDAQ: VERB) shares.

A lawsuit was filed on behalf of investors in Verb Technology Company, Inc. (NASDAQ: VERB) shares.

An investor, who purchased shares of Verb Technology Company, Inc. (NASDAQ: VERB), filed a lawsuit over alleged Securities Laws violations by Verb Technology Company, Inc.

Investors who purchased shares of Verb Technology Company, Inc. (NASDAQ: VERB) have certain options and for certain investors are short and strict deadlines running. Deadline: September 9, 2019. NASDAQ: VERB investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Verb Technology Company, Inc. (NASDAQ: VERB) common shares that the defendants violated Federal Securities Laws.
Los Angeles, CA based Verb Technology Company, Inc. provides cloud-based business software products under the Tagg brand name. On January 3, 2018, Verb Technology Company, Inc announced a purported agreement with Oracle America, Inc. (the “Oracle Agreement”) which received widespread attention Verb Technology Company, Inc made this announcement via a filing with the United States Securities and Exchange Commission (“SEC”) on Form 8-K, which omitted the text of the agreement itself.

Shares of Verb Technology Company, Inc. (NASDAQ: VERB) grew to $45.60 per share on April 16, 2018.
Then, on April 23, 2018, the truth as to Verb Technology Company’s relationship with Oracle began to emerge. Verb Technology Company revealed the actual terms of the Oracle Agreement through the filing of a Form 8-K.
Shares of Verb Technology Company, Inc. (NASDAQ: VERB) declined to $2.28 per share in the end of 2018.

Those who purchased shares of Verb Technology Company, Inc. (NASDAQ: VERB) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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