1. Verint Rejects Neuberger Berman's Call to Replace Directors

    Verint Rejects Neuberger Berman's Call to Replace Directors

    (Bloomberg) -- Verint Systems Inc. has rejected Neuberger Berman Group’s call to replace three of its directors after the software company’s improved financial outlook and share price allowed it to push back on the investor’s demand for an overhaul. Neuberger Berman, which holds 2.6 percent of Verint, nominated the directors for election at the company’s 2019 annual general meeting...

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    1. We believe our board, which is comprised of eight highly qualified individuals with a balance of experiences and skills, is highly capable of evaluating strategic decisions and providing management oversight to ensure we maximize the company's potential.
    2. We're encouraged that the near-term trends are positive.
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