{"id":741753,"date":"2023-03-21T16:36:17","date_gmt":"2023-03-21T20:36:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cognyte-investor-alert-kaplan-fox-kilshiemer-llp-notifies-cognyte-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/"},"modified":"2023-03-21T16:36:17","modified_gmt":"2023-03-21T20:36:17","slug":"cognyte-investor-alert-kaplan-fox-kilshiemer-llp-notifies-cognyte-investors-of-a-class-action-lawsuit-and-upcoming-deadline","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cognyte-investor-alert-kaplan-fox-kilshiemer-llp-notifies-cognyte-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/","title":{"rendered":"COGNYTE INVESTOR ALERT: Kaplan Fox &amp; Kilshiemer LLP Notifies Cognyte Investors of a Class Action Lawsuit and Upcoming Deadline"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, March  21, 2023  (GLOBE NEWSWIRE) &#8212; Kaplan Fox &amp; Kilsheimer, LLP reminds investors that a complaint has been filed on behalf of investors of Cognyte Software Ltd. (\u201cCognyte\u201d or the \u201cCompany\u201d) <strong>(NASDAQ: CGNT)<\/strong> between February 2, 2021 and June 28, 2022, inclusive (the \u201cClass Period\u201d).<\/p>\n<p align=\"justify\">\n        <strong>If you acquired Cognyte common stock during the Class Period and would like to discuss this case, please <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=92qLLu1yGZrpVOrVATAKjwZujTXA6Q-qT8LPAfDqDiKEBzMRqN49ALsgDzBw0mEII3bIqMkrN7ZPMv8958FOZMvAVoX5qTUGJr3rhX0Rj1WhEo6iVDhArGVhPGWkP0Vo\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <u>click here<\/u><br \/>\n          <\/strong><br \/>\n        <\/a><br \/>\n        <strong>. Or, you may contact us by emailing <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lYGew05pn0NaCIYwXJ85EsmVHjrN9DB22FxsyGjeqvetuKYmyeRCt8uSX1urRqfqewVk2F_XTE8IgFljiaOGoBlt1jyWT1IDf58fcxYKivQhFkdu-tQ9yfRkcj7yOuiw\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <u>pmayer@kaplanfox.com<\/u><br \/>\n          <\/strong><br \/>\n        <\/a><br \/>\n        <strong> or calling (646) 315-9003.<\/strong>\n      <\/p>\n<p align=\"justify\">If you are a member of the proposed Class, you may move the court <strong>no later than May 1, 2023<\/strong> to serve as a lead plaintiff for the purported class.\u00a0 If you have losses, we encourage you to contact us to learn more about the lead plaintiff process.<\/p>\n<p align=\"justify\">According to the complaint, on December 16, 2021, after the market closed, Meta, the parent company of Facebook and Instagram, issued a \u201cThreat Report,\u201d which included the results of its \u201cmonths long\u201d investigation into the \u201csurveillance-for-hire industry,\u201d revealing for the first that Cognyte regularly targeted, without their knowledge, journalists, dissidents, critics of authoritarian regimes, families of opposition, and human rights activists around the world. This conduct \u201cviolated multiple Community Standards and Terms of Service,\u201d and \u201cgiven the severity of their violations\u201d Meta disabled Cognyte\u2019s ability to use its platforms. On this news, the price of Cognyte\u2019s common stock fell 5.11%, closing on December 17, 2021, at $18 per share, before declining another 5.5% the next trading day.<\/p>\n<p align=\"justify\">Then, on April 5, 2022, according to the complaint, Cognyte issued its 2021 Annual Report revealing that the Company was forced to modify its solutions in response to the Threat Report. On that same day, Cognyte reported its fourth quarter 2021 financial results and is alleged to have badly missed analyst consensus estimates for non-GAAP earnings per share and sales. On this news, Cognyte\u2019s stock price plummeted over 31% on unusually high trading volume, closing at $8.03 per share on April 5, 2022.<\/p>\n<p align=\"justify\">Finally, on June 28, 2022, Cognyte released its first quarter 2022 financial results. According to the complaint. these results once again badly missed analyst estimates across the board. On this news, Cognyte\u2019s shares declined $1.84, or 28.66%, to close at $4.58 per share on June 28, 2022.<\/p>\n<p align=\"justify\">\n        <strong>WHY CONTACT KAPLAN FOX<\/strong> &#8211; Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox &amp; Kilsheimer LLP, you may visit our website at www.kaplanfox.com.<\/p>\n<p align=\"justify\">This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n<p align=\"justify\">If you have any questions about this Notice, your rights, or your interests, please contact:<\/p>\n<p align=\"justify\">Pamela Mayer <br \/> KAPLAN FOX &amp; KILSHEIMER LLP <br \/> 850 Third Avenue, 14th Floor <br \/> New York, New York\u00a010022 <br \/> (646) 315-9003 <br \/> E-mail: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lYGew05pn0NaCIYwXJ85EibAfxP7v6j-4P91hnieHJ0-4_Hw8taYYIZJMRTTMB9AZLk-e4gzf_0A5oAd4ojFsQDmf4PPXWf4YPmk0qiTWgo=\" rel=\"nofollow noopener\" target=\"_blank\"><u>pmayer@kaplanfox.com<\/u><\/a><\/p>\n<p align=\"start\">Laurence D. King <br \/> KAPLAN FOX &amp; KILSHEIMER LLP <br \/> 1999 Harrison Street, Suite 1560 <br \/> Oakland, California 94612 <br \/> (415) 772-4704 <br \/> Fax:\u00a0 (415) 772-4707 <br \/> E-mail: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2YkOztuuC4bD1vlokkFuENsgFhakM-Bnh8rA03H6YN8S5vgJFEC3N_-b9s2elpOgk84ARvy7KdiLkFCBVdlxo_oc4KZJIAtZDT6DSjq4BRE=\" rel=\"nofollow noopener\" target=\"_blank\"><u>lking@kaplanfox.com<\/u><\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc5Mjk2MiM1NDc0OTAwIzIwMjA4OTE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MGMzNTMxOGEtMDQxYS00MjExLTk3MzAtNzgxNmM3M2JjYzZlLTEwMzE5OTk=\/tiny\/Kaplan-Fox-Kilsheimer-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 21, 2023 (GLOBE NEWSWIRE) &#8212; Kaplan Fox &amp; Kilsheimer, LLP reminds investors that a complaint has been filed on behalf of investors of Cognyte Software Ltd. (\u201cCognyte\u201d or the \u201cCompany\u201d) (NASDAQ: CGNT) between February 2, 2021 and June 28, 2022, inclusive (the \u201cClass Period\u201d). If you acquired Cognyte common stock during the Class Period and would like to discuss this case, please click here . Or, you may contact us by emailing pmayer@kaplanfox.com or calling (646) 315-9003. If you are a member of the proposed Class, you may move the court no later than May 1, 2023 to serve as a lead plaintiff for the purported class.\u00a0 If you have losses, we encourage you to contact us &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cognyte-investor-alert-kaplan-fox-kilshiemer-llp-notifies-cognyte-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;COGNYTE INVESTOR ALERT: Kaplan Fox &amp; Kilshiemer LLP Notifies Cognyte Investors of a Class Action Lawsuit and Upcoming Deadline&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-741753","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>COGNYTE INVESTOR ALERT: Kaplan Fox &amp; Kilshiemer LLP Notifies Cognyte Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cognyte-investor-alert-kaplan-fox-kilshiemer-llp-notifies-cognyte-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COGNYTE INVESTOR ALERT: Kaplan Fox &amp; Kilshiemer LLP Notifies Cognyte Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 21, 2023 (GLOBE NEWSWIRE) &#8212; Kaplan Fox &amp; Kilsheimer, LLP reminds investors that a complaint has been filed on behalf of investors of Cognyte Software Ltd. (\u201cCognyte\u201d or the \u201cCompany\u201d) (NASDAQ: CGNT) between February 2, 2021 and June 28, 2022, inclusive (the \u201cClass Period\u201d). If you acquired Cognyte common stock during the Class Period and would like to discuss this case, please click here . Or, you may contact us by emailing pmayer@kaplanfox.com or calling (646) 315-9003. If you are a member of the proposed Class, you may move the court no later than May 1, 2023 to serve as a lead plaintiff for the purported class.\u00a0 If you have losses, we encourage you to contact us &hellip; Continue reading &quot;COGNYTE INVESTOR ALERT: Kaplan Fox &amp; Kilshiemer LLP Notifies Cognyte Investors of a Class Action Lawsuit and Upcoming Deadline&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cognyte-investor-alert-kaplan-fox-kilshiemer-llp-notifies-cognyte-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-21T20:36:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc5Mjk2MiM1NDc0OTAwIzIwMjA4OTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cognyte-investor-alert-kaplan-fox-kilshiemer-llp-notifies-cognyte-investors-of-a-class-action-lawsuit-and-upcoming-deadline\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cognyte-investor-alert-kaplan-fox-kilshiemer-llp-notifies-cognyte-investors-of-a-class-action-lawsuit-and-upcoming-deadline\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"COGNYTE INVESTOR ALERT: Kaplan Fox &amp; 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If you are a member of the proposed Class, you may move the court no later than May 1, 2023 to serve as a lead plaintiff for the purported class.\u00a0 If you have losses, we encourage you to contact us &hellip; Continue reading \"COGNYTE INVESTOR ALERT: Kaplan Fox &amp; Kilshiemer LLP Notifies Cognyte Investors of a Class Action Lawsuit and Upcoming Deadline\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cognyte-investor-alert-kaplan-fox-kilshiemer-llp-notifies-cognyte-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/","og_site_name":"Market Newsdesk","article_published_time":"2023-03-21T20:36:17+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc5Mjk2MiM1NDc0OTAwIzIwMjA4OTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cognyte-investor-alert-kaplan-fox-kilshiemer-llp-notifies-cognyte-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cognyte-investor-alert-kaplan-fox-kilshiemer-llp-notifies-cognyte-investors-of-a-class-action-lawsuit-and-upcoming-deadline\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"COGNYTE INVESTOR ALERT: Kaplan Fox &amp; 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