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ATTENTION COMVERSE SHAREHOLDERS: Johnson & Weaver, LLP Investigates Potential Violations of Federal and State Law Following Announcement of Most Recent Financial Results

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Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of federal and state laws by Comverse, Inc. (NASDAQ:CNSI) and certain of its officers. Comverse provides telecom business enablement solutions for communication service providers.

Specifically, Johnson & Weaver’s investigation seeks to determine whether shareholders were misled by certain statements the Company made regarding its business outlook and expected bookings. Once a subsidiary within the corporate fold of parent Comverse Technology, Inc., the Company broke away as an independent entity and began trading on the NASDAQ Stock Market on November 1, 2012. Since going public, Comverse has reported a sequence of revenue and earnings misses. Most recently, on September 9, 2014, before the markets opened, Comverse reported second quarter revenues and earnings for 2014. The Company reported a year-over-year revenue decrease to $115.3 million from $169.8 million. On the news, Comverse stock is down over 8% in early morning trading at $21.02, trading at or near an all time low.

If you have information that could assist in this investigation, or if you are a Comverse shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) by email or by phone at 619-814-4471. If emailing, please include a phone number where you can be reached.

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Attorney advertising. Past results do not guarantee future outcomes.

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