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Shearman & Sterling Advises on Comverse Technology's Secondary Public Offering of Verint Systems Stock
25 Jan 2011
Robert Evans III, Craig Gibian, Russell D. Sacks, Richard B. Alsop, Sanjeev Magoon, Jason Y. Pratt, Jennifer D. Morton, Michael J. Blankenship, Meghan Moore

Shearman & Sterling represented Credit Suisse Securities (USA) LLC, Barclays Capital Inc., Morgan Stanley & Co. Incorporated, RBC Capital Markets, LLC and Oppenheimer & Co. Inc. as underwriters in connection with Comverse Technology, Inc.’s secondary public offering of 2,300,000 shares of Verint Systems Inc.’s common stock at $35.00 per share. Verint Systems Inc. is a provider of enterprise workforce optimization software and services and security intelligence solutions.

The Shearman & Sterling team advising the underwriters included partners Robert Evans (New York-Capital Markets), Craig Gibian (Washington, D.C.-Tax) and Russell Sacks (New York-Financial Institutions Advisory & Financial Regulatory); counsels Richard Alsop (New York-Capital Markets), Sanjeev Magoon (Washington, D.C.-Tax), John Morrison (New York-Executive Compensation & Employee Benefits), and Jason Pratt (New York-Property/Environmental); and associates Oliver Loxley (New York-Capital Markets), Pamela Okehie (New York-Capital Markets), Seth Kerschner (New York-Property/Environmental), Jennifer Morton (New York-Financial Institutions Advisory & Financial Regulatory), Michael Blankenship (New York-Financial Institutions Advisory & Financial Regulatory) and Meghan Moore (New York-Executive Compensation & Employee Benefits); and international associate Dorothea Athanasiadou (New York-Capital Markets).