Zeldes Haeggquist & Eck LLP Announces Investigation of Veeva Systems, Inc. for Possible Violations of Securities Laws in Connection with October 15, 2013 IPO (NYSE: VEEV)

Zeldes Haeggquist & Eck, LLP, a shareholder and consumer rights litigation firm has commenced an investigation into Veeva Systems, Inc. (“Veeva” or the “Company”) (NYSE: VEEV) for securities law violations in connection with the Company’s October 15, 2013 initial public offering (“IPO”) and Secondary Offering.

Veeva provides industry-specific, cloud-based software solutions, including data, software, and services to pharmaceutical companies and to the global life sciences industry. Veeva’s Customer Relations Management (“CRM”) allows pharmaceuticals and biotech companies to market and sell to doctors, healthcare providers, and healthcare organizations.

Zeldes Haeggquist & Eck, LLP is investigating whether Veeva omitted material information from investors in connection with its IPO and Secondary Offering. Shortly after Veeva’s Secondary Offering, analysts issued a report titled “Veeva Systems: A Top 20 Competitive Displacement, Customer Dissatisfaction, DB Markets Research, And Strange Coincidences.” Among other things, the report revealed that Veeva’s IPO was timed to coincide with a large decline in their revenue growth rate and to precede a material and unfavorable modification of a major contract.

After this report was published, Veeva stock fell from its $26 Secondary Offering price to its current price of approximately $19 per share.

What You Can Do

If you purchased Veeva (NYSE: VEEV) stock and have suffered a financial loss, you may have legal claims against the Company and/or its Officers and Directors. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Amber L. Eck at (619) 342-8000 or via email at ambere@zhlaw.com.

About Zeldes Haeggquist & Eck LLP

Zeldes Haeggquist & Eck is a full-service law firm which brings major class actions nationwide on behalf of defrauded investors and consumers and handles a variety of complex business litigation matters. Please visit www.zhlaw.com or our blog for more information about the firm.

Contacts:

Zeldes & Haeggquist, LLP
Amber L. Eck, 619-342-8000
ambere@zhlaw.com

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