LOS ANGELES, March 03, 2023 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Cognyte Software Ltd. (“Cognyte” or “the Company”) (NASDAQ: CGNT) investors that a lawsuit filed on behalf of investors that purchased Fate securities (NASDAQ: CGNT) between February 2, 2021 to June 28, 2022, inclusive (the “Class Period ”).
Investors are encouraged to contact an attorney Lesley F. Portnoyby phone 844-767-8529 or e-mail: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a free case evaluation and discuss investors’ options for pursuing claims to recover their losses.
Cognyte and some of its officers were accused of making false and/or misleading statements and/or not disclosing that they developed, distributed, and offered reconnaissance tools and services that breached community standards and terms of service of communication network sources and technologies, such as Facebook, during the Class Period. This complaint was filed on March 1, 2023, which exposed Cognyte to substantial financial and reputational risk.
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The Portnoy Law Firm represents investors in pursuing claims against causes caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar