Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Verisign, Inc.    VRSN

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Verisign, Inc. : Law Offices of Howard G. Smith Announces Investigation of VeriSign, Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/23/2013 | 12:05pm CET

Law Offices of Howard G. Smith announces that it is investigating potential claims against VeriSign, Inc. ("VeriSign" or the "Company") (NASDAQ:VRSN) concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by the Company between June 25, 2012 and October 25, 2012 were false and misleading concerning VeriSign's business, operations and prospects.

VeriSign, Inc. provides Internet registry and infrastructure services to various networks worldwide. The investigation is related to allegations that the Company misrepresented and/or failed to disclose: (1) challenges to the Company's registry pricing scheme that made it more likely the U.S. Department of Justice and Department of Commerce would demand price concessions from VeriSign to operate the .com and .net networks; (2) that growth in domain name registrations was declining; (3) that VeriSign was relying heavily on revenues from "parking" websites and other websites focused on drawing in and monetizing traffic, rather than in providing pertinent business leads; (4) that other Internet search engines had been improving the quality of their search results by adjusting their algorithms to lower the rankings of subpar-quality websites; (5) that subpar domain name owners had stopped renewing their agreements with VeriSign as a result of the Internet search engine's efforts to discourage them by demonetizing their practices; and (6) that the Company knew its fiscal year 2012 earnings guidance was not attainable.

If you purchased VeriSign common stock between June 25, 2012 and October 25, 2012, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
(215) 638-4847
(888) 638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com


© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on VERISIGN, INC.
02/17 VERISIGN IN : CA MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND..
02/15 VERISIGN : Announces 3.25% Junior Subordinated Convertible Debentures Due 2037 t..
02/13 ACCENTURE : to Acquire Defense Security Intelligence Services Business of VeriSi..
02/09 VERISIGN : tops Street 4Q forecasts
02/09 VERISIGN INC/CA : Results of Operations and Financial Condition (form 8-K)
02/09 VERISIGN : Reports Fourth Quarter and Full Year 2016 Results
02/06VERISIGN, INC. : annual earnings release
02/06 VERISIGN : Rackspace Names Director of Managed Security for EMEA Region
01/30 The Online Trust Alliance - Briefing
01/18 VERISIGN : Shares of VeriSign, Inc. Sees Large Inflow of Net Money Flow
More news
Sector news : IT Services & Consulting - NEC
02/16 European shares retreat after seven sessions of gains, Cobham plunges
02/16DJVisa Wants Your Car to Pay for Gas at the Pump
02/14DJINTERNATIONAL BUSINESS MACHINES : IBM Chief Defends Trump Administration Advisor..
02/09 Sapient-related charge tips Publicis into loss before CEO switch
02/09 GODADDY : LPC - European lenders eye €12 billion of buyout financings
More sector news : IT Services & Consulting - NEC
News from SeekingAlpha
02/15 Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q4 2016 Update
02/10 Accenture To Acquire Verisign's Threat Intelligence Unit
02/09 VeriSign, Inc. 2016 Q4 - Results - Earnings Call Slides
02/09 VeriSign (VRSN) Q4 2016 Results - Earnings Call Transcript
02/09 VeriSign beats by $0.04, beats on revenue
Advertisement
Financials ($)
Sales 2017 1 151 M
EBIT 2017 743 M
Net income 2017 442 M
Finance 2017 85,7 M
Yield 2017 -
P/E ratio 2017 22,99
P/E ratio 2018 21,09
EV / Sales 2017 7,40x
EV / Sales 2018 6,01x
Capitalization 8 606 M
More Financials
Chart VERISIGN, INC.
Duration : Period :
Verisign, Inc. Technical Analysis Chart | VRSN | US92343E1029 | 4-Traders
Full-screen chart
Technical analysis trends VERISIGN, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 86,7 $
Spread / Average Target 5,3%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
D. James Bidzos Executive Chairman, President & CEO
Todd B. Strubbe Chief Operating Officer & Executive Vice President
George E. Kilguss CFO, Principal Accounting Officer & SVP
Burt Kaliski Chief Technology Officer & Senior Vice President
Roger H. Moore Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
VERISIGN, INC.8.19%8 606
ACCENTURE PLC3.50%78 791
TATA CONSULTANCY SERVI..2.05%70 751
NETEASE INC (ADR)38.04%39 416
VMWARE, INC.15.86%37 543
COGNIZANT TECHNOLOGY S..3.44%35 165
More Results