TAKE A LOOK AT WHICH REPORT YOUR PORTFOLIO'S BEEN MISSING...

Shareholders Foundation offers real-time reporting of class action exposure on a per transaction basis,
including the documents you will need for claim filing and settlement recovery.
Start Monitoring Your Investments

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

  • You must submit the settlement Proof form attached below, in order to participate in this settlement. There is a strict deadline of February 4, 2021, by which all claims must be submitted. The instructions for submitting are included in the Proof and the Notice files attached below for your download. DO NOT SEND THE FORMS TO THE SHAREHOLDERS FOUNDATION, INC.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Company
Verb Technology Company, Inc.
Security
NASDAQ: VERB

Case Name
Verb Technology Shareholder Class Action Lawsuit 07/10/2019
Type of Lawsuit
Shareholder Class Action
Court of Filing
U.S. District Court for the Central District of California

Class Period Begin
Class Period End
Deadline To File for Lead
Settlement Notice
Verb_Settlement_10_28_2020.pdf
Settlement Proof
Verb_Proof_10_28_2020.pdf
You must register or login to receive notifications.

Click here to subscribe to Verb Technology Company, Inc..

Settlement Overview

Date Settled
Date Settled
Settlement Amount
$640,000.00
Deadline to Participate in Settlement

You must register to view and download the Settlement Notice and Settlement Proof.

Summary

October 27, 2020 - The court preliminarily approved the settlement.

September 17, 2020 - A stipulation and agreement of settlement was entered by the parties.

December 3, 2019 - A consolidated amended complaint was filed.

July 9, 2019 - 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.

Date Settled