An investigation on behalf of current long term investors in Verb Technology Company, Inc. (NASDAQ: VERB) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 12/09/2019 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Verb Technology Company, Inc.
Investors who are current long term investors in Verb Technology Company, Inc. (NASDAQ: VERB) shares, have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: VERB stocks follows a lawsuit filed against Verb Technology Company, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: VERB stocks, concerns whether certain Verb Technology Company, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that that the defendants violated Federal Securities Laws.
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.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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.