The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Verb Technology Company, Inc. (f/k/a nFüsz, Inc.) (NASDAQCM: VERB) who purchased shares between January 3, 2018 and May 2, 2018. The action, which was filed in the United States District Court for the Central District of California, alleges that the Company violated federal securities laws.
In particular, the Verb Technology lawsuit alleges that Verb Technology Company, Inc. (f/k/a nFüsz, Inc.) made false and/or misleading statements as to the scope of the Agreement with Oracle, as the Company did not have a contract with Oracle to jointly develop and market the Company’s product, and that as a result of the foregoing, the Company’s public statements were materially false and misleading at all relevant times.
Shareholders have until September 9, 2019 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.
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