Verb Technology Company, Inc. (NASDAQ: VERB) Investor Securities Class Action Lawsuit 07/10/2019

If you purchased a significant amount of shares of Verb Technology Company, Inc. (NASDAQ: VERB) between January 3, 2018 and May 2, 2018, and / or if you purchased any Verb Technology Company, Inc. (NASDAQ: VERB shares prior to January 3, 2018 and May 2, 2018 and continue to hold any of those shares, you 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, Inc.

To have your information reviewed for options and to recieve notifications about this case, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
Verb Technology
Case Name: 
Verb Technology Shareholder Class Action Lawsuit 07/10/2019
Case Status: 
Lawsuit Filed
Affected Securities
NASDAQ: VERB
Lawsuit Overview
Type of Lawsuit: 
Shareholder Class Action
Date Filed: 
07/10/2019
Class Period Begin: 
01/03/2018
Class Period End: 
05/02/2018
Court of Filing: 
U.S. District Court for the Central District of California
Deadline To File for Lead: 
09/09/2019
Summary: 

An investor in shares of Verb Technology Company, Inc. (NASDAQ: VERB) filed a lawsuit in the U.S. District Court for the Central District of California over alleged violations of Federal Securities Laws by Verb Technology Company, Inc in connection with certain allegedly false and misleading statements made between January 3, 2018 and May 2, 2018.

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.