LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Verb Technology Company, Inc. (“Verb” or the “Company”) (NASDAQ: VERB) investors concerning the Company and its officers’ possible violations of federal securities laws.
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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 firstname.lastname@example.org, or visit our website at www.glancylaw.com.
On April 23, 2018, the Company disclosed the actual terms of its agreement with Oracle America, Inc. (“Oracle”) in a Form 8-K with the SEC. The filing revealed that, contrary to prior representations, there was no joint agreement for Oracle to market or to jointly develop the Company’s product. Instead, according to the filing, Oracle provided an application developer toolkit for the Company’s program to interface with Oracle NetSuite.
On this news, shares of Verb fell $7.65 per share, or more than 20%, to close at $29.10 per share on April 24, 2018, thereby injuring investors further.
If you purchased Verb 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.
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