NOTICE OF INQUIRY: Schall Law Firm Encourages Investors in Cognyte Software Ltd. who suffered losses of $100,000 to contact the firm

LOS ANGELES–(BUSINESS WIRE)–Schall law firma national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Cognyte Software Ltd. (“Cognyte” or “the Company”) (NASDAQ: CGNT) for violating securities laws.

The investigation aims to determine whether the Company has made false and/or misleading statements and/or has failed to disclose relevant information to investors. Cognyte released its fourth quarter 2021 financial results on April 5, 2022, missing analyst estimates for the quarter. The company significantly estimates both sales and non-GAAP earnings per share, as well as the midpoint of its own multimillion-dollar guidance range. According to the company, its weak results were due to supply chain issues and “lower conversions within its product pipeline.” Based on this news, Cognyte shares fell more than 31% on the same day.

If you are a shareholder who has suffered a loss, Click here to participate.

We also encourage you to contact Brian Schall of Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us via the firm’s website at www.schallfirm.comor by e-mail to [email protected]

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to do nothing, you can remain an absent member of the group.

Schall Law Firm represents investors worldwide and specializes in securities class action and shareholder rights litigation.

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