Technology | 2012.08.14
Comverse Technology Inc. Board of Directors Under Investigation for Potential Breaches of Fiduciary Duty by Glancy Binkow & Goldberg LLP
LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of Comverse Technology Inc. (“Comverse” or the “Company”) (NASDAQ: CMVT) related to the proposed acquisition of the Company by Verint Systems Inc. The all-stock transaction is valued at approximately $800 million. This investigation concerns whether the Board of Directors of Comverse breached their fiduciary duties to stockholders by failing to adequat
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