Notice of Class Action Lawsuit Against Veritone, Inc.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: Globenewswire
- Class Action Notice: Rosen Law Firm reminds investors who purchased Veritone securities between October 14, 2025, and April 14, 2026, to apply as lead plaintiffs by July 20, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Veritone made false and misleading statements regarding its financial reporting, including inaccurately recording and misclassifying revenue and costs, which led to inflated financial metrics and misled investors.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, being ranked No. 1 by ISS Securities Class Action Services in 2017, highlighting its expertise and success in this field.
- Investor Guidance: Investors are advised to carefully select counsel, avoiding inexperienced intermediaries; Laurence Rosen, the founding partner, has been recognized as a Titan of the Plaintiffs’ Bar, underscoring the firm's capabilities.
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Analyst Views on VERI
Wall Street analysts forecast VERI stock price to rise
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 1.570
Low
6.00
Averages
8.33
High
10.00
Current: 1.570
Low
6.00
Averages
8.33
High
10.00
About VERI
Veritone, Inc. builds human-centered enterprise artificial intelligence (AI) solutions. Its AI operating system, aiWARE, uses machine learning algorithms, or AI models, together with a suite of applications, to reveal valuable insights from vast amounts of structured and unstructured data. Highly modular and customizable, aiWARE enables expansive scale with the flexibility to deploy in the cloud, at the edge or in hybrid environments. Its aiWARE platform offers capabilities that are designed to mimic human cognitive functions such as perception, prediction and problem solving, enabling users to transform unstructured data into structured data, and analyze and optimize data to drive business processes and insights. Its aiWARE platform encompasses industry applications, automate studio and developer APIs, intelligent data lake, applications and cognitive analytics, and generative AI. It serves customers in the media, entertainment, public sector and talent acquisition industries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Notice of Class Action Lawsuit Against Veritone, Inc.
- Class Action Notice: Rosen Law Firm reminds investors who purchased Veritone securities between October 14, 2025, and April 14, 2026, to apply as lead plaintiffs by July 20, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Veritone made false and misleading statements regarding its financial reporting, including inaccurately recording and misclassifying revenue and costs, which led to inflated financial metrics and misled investors.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, being ranked No. 1 by ISS Securities Class Action Services in 2017, highlighting its expertise and success in this field.
- Investor Guidance: Investors are advised to carefully select counsel, avoiding inexperienced intermediaries; Laurence Rosen, the founding partner, has been recognized as a Titan of the Plaintiffs’ Bar, underscoring the firm's capabilities.
See More
Faruqi & Faruqi Investigates Veritone Securities Fraud Claims
- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential securities fraud claims against Veritone, Inc., targeting investors who purchased securities between October 14, 2025, and April 14, 2026, indicating serious financial misconduct by the company.
- Financial Misconduct Allegations: The lawsuit alleges that Veritone made false statements and misclassified revenue, assets, and accounts receivable, necessitating restatements of financial statements, which could undermine investor confidence and impact stock prices.
- Investor Rights Protection: Faruqi & Faruqi encourages affected investors to contact the firm by July 20, 2026, to seek lead plaintiff status in the class action lawsuit, ensuring their legal rights are safeguarded.
- Call for Information Disclosure: The firm also urges anyone with knowledge of Veritone's conduct, including former employees and shareholders, to provide information to support the ongoing investigation, further revealing deficiencies in the company's internal controls.
See More
Notice of Class Action Lawsuit for Veritone Shareholders
- Lawsuit Background: The Gross Law Firm has issued a notice to shareholders of Veritone, Inc. (NASDAQ: VERI), encouraging those who purchased shares during the class period from October 14, 2025, to April 14, 2026, to contact the firm regarding potential lead plaintiff status.
- Allegations: The complaint alleges that during the class period, the company made materially false and/or misleading statements and failed to disclose inaccuracies in revenue and cost classifications, resulting in overstated revenue, assets, and other financial metrics.
- Internal Control Deficiencies: The lawsuit highlights that Veritone maintained deficient internal controls over accounting and financial reporting, necessitating a restatement of certain financial statements, which undermined investor confidence in the company's prospects.
- Shareholder Action Steps: Shareholders must register for the class action by July 20, 2026, and upon registration, they will receive updates on the case's progress through a monitoring system, with no costs or obligations to participate.
See More
Veritone Faces Class Action Lawsuit for Securities Violations
- Class Action Reminder: The Schall Law Firm alerts investors that Veritone is facing a class action lawsuit for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between October 14, 2025, and April 14, 2026, with a deadline for contacting the firm set for July 20, 2026.
- Financial Reporting Errors: The complaint alleges that Veritone misclassified certain revenues and costs, resulting in inflated revenues, accounts receivable, and other income, indicating a lack of adequate controls over accounting and financial reporting, which may necessitate a restatement of financial statements.
- Investor Losses: As the public statements made by the company during the class period were found to be false and materially misleading, investors suffered damages when the truth emerged, prompting the Schall Law Firm to encourage affected investors to join the lawsuit to recover their losses.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and encourages affected shareholders to proactively reach out to understand their rights, ensuring they receive appropriate legal support in the ongoing class action lawsuit.
See More
Multiple Companies Face Class Action Lawsuits
- Phreesia Lawsuit: Phreesia Inc. is accused of making false statements from May 8, 2025, to March 30, 2026, undermining investor confidence in its 2027 revenue targets, with a lead plaintiff deadline of July 13, 2026.
- Sportradar Violations: Sportradar Group AG faces allegations of collaborating with black-market gambling operators and failing to disclose compliance process weaknesses, with investors needing to file a lead plaintiff motion by July 17, 2026, potentially leading to significant financial repercussions.
- Commvault Sales Issues: Commvault Systems Inc. is accused of not disclosing the impact of sales types on annual recurring revenue (ARR) growth, with a lead plaintiff deadline of July 17, 2026, which could distort financial forecasts and investor expectations.
- Veritone Financial Misstatements: Veritone, Inc. is charged with inaccurately recording revenue and costs, necessitating a restatement of financial statements, with a lead plaintiff deadline of July 20, 2026, which may harm the company's reputation and shareholder confidence.
See More
Veritone Faces Class Action Lawsuit Amid Financial Issues
- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Veritone, alleging securities fraud by the company and its executives, with investors needing to apply as Lead Plaintiffs by July 20, 2026, indicating significant legal risks that could tarnish the company's reputation.
- Financial Reporting Uncertainty: Veritone's press release on March 26, 2026, indicated expected revenue for Q4 2025 between $18.1 million and $30 million, with stock plummeting 29.5% the following day due to concerns over financial transparency, reflecting investor anxiety.
- Revenue Adjustment Risks: In a Form NT 10-K filed on April 1, 2026, the company disclosed potential adjustments of $1.5 million to $2.5 million for Q3 2025 revenue, representing 5.2% to 8.6% of previously reported figures, which could further erode investor confidence.
- Financial Statement Misrepresentation: On April 14, Veritone admitted that its previously issued financial statements were unreliable due to significant errors, leading to an 8.3% drop in stock price, highlighting severe deficiencies in corporate governance and financial management.
See More
Notice of Class Action Lawsuit Against Veritone, Inc.
- Class Action Notice: Rosen Law Firm reminds investors who purchased Veritone securities between October 14, 2025, and April 14, 2026, to apply as lead plaintiffs by July 20, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Veritone made false and misleading statements regarding its financial reporting, including inaccurately recording and misclassifying revenue and costs, which led to inflated financial metrics and misled investors.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, being ranked No. 1 by ISS Securities Class Action Services in 2017, highlighting its expertise and success in this field.
- Investor Guidance: Investors are advised to carefully select counsel, avoiding inexperienced intermediaries; Laurence Rosen, the founding partner, has been recognized as a Titan of the Plaintiffs’ Bar, underscoring the firm's capabilities.
See More
Faruqi & Faruqi Investigates Veritone Securities Fraud Claims
- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential securities fraud claims against Veritone, Inc., targeting investors who purchased securities between October 14, 2025, and April 14, 2026, indicating serious financial misconduct by the company.
- Financial Misconduct Allegations: The lawsuit alleges that Veritone made false statements and misclassified revenue, assets, and accounts receivable, necessitating restatements of financial statements, which could undermine investor confidence and impact stock prices.
- Investor Rights Protection: Faruqi & Faruqi encourages affected investors to contact the firm by July 20, 2026, to seek lead plaintiff status in the class action lawsuit, ensuring their legal rights are safeguarded.
- Call for Information Disclosure: The firm also urges anyone with knowledge of Veritone's conduct, including former employees and shareholders, to provide information to support the ongoing investigation, further revealing deficiencies in the company's internal controls.
See More
Notice of Class Action Lawsuit for Veritone Shareholders
- Lawsuit Background: The Gross Law Firm has issued a notice to shareholders of Veritone, Inc. (NASDAQ: VERI), encouraging those who purchased shares during the class period from October 14, 2025, to April 14, 2026, to contact the firm regarding potential lead plaintiff status.
- Allegations: The complaint alleges that during the class period, the company made materially false and/or misleading statements and failed to disclose inaccuracies in revenue and cost classifications, resulting in overstated revenue, assets, and other financial metrics.
- Internal Control Deficiencies: The lawsuit highlights that Veritone maintained deficient internal controls over accounting and financial reporting, necessitating a restatement of certain financial statements, which undermined investor confidence in the company's prospects.
- Shareholder Action Steps: Shareholders must register for the class action by July 20, 2026, and upon registration, they will receive updates on the case's progress through a monitoring system, with no costs or obligations to participate.
See More
Veritone Faces Class Action Lawsuit for Securities Violations
- Class Action Reminder: The Schall Law Firm alerts investors that Veritone is facing a class action lawsuit for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between October 14, 2025, and April 14, 2026, with a deadline for contacting the firm set for July 20, 2026.
- Financial Reporting Errors: The complaint alleges that Veritone misclassified certain revenues and costs, resulting in inflated revenues, accounts receivable, and other income, indicating a lack of adequate controls over accounting and financial reporting, which may necessitate a restatement of financial statements.
- Investor Losses: As the public statements made by the company during the class period were found to be false and materially misleading, investors suffered damages when the truth emerged, prompting the Schall Law Firm to encourage affected investors to join the lawsuit to recover their losses.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and encourages affected shareholders to proactively reach out to understand their rights, ensuring they receive appropriate legal support in the ongoing class action lawsuit.
See More
Multiple Companies Face Class Action Lawsuits
- Phreesia Lawsuit: Phreesia Inc. is accused of making false statements from May 8, 2025, to March 30, 2026, undermining investor confidence in its 2027 revenue targets, with a lead plaintiff deadline of July 13, 2026.
- Sportradar Violations: Sportradar Group AG faces allegations of collaborating with black-market gambling operators and failing to disclose compliance process weaknesses, with investors needing to file a lead plaintiff motion by July 17, 2026, potentially leading to significant financial repercussions.
- Commvault Sales Issues: Commvault Systems Inc. is accused of not disclosing the impact of sales types on annual recurring revenue (ARR) growth, with a lead plaintiff deadline of July 17, 2026, which could distort financial forecasts and investor expectations.
- Veritone Financial Misstatements: Veritone, Inc. is charged with inaccurately recording revenue and costs, necessitating a restatement of financial statements, with a lead plaintiff deadline of July 20, 2026, which may harm the company's reputation and shareholder confidence.
See More
Veritone Faces Class Action Lawsuit Amid Financial Issues
- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Veritone, alleging securities fraud by the company and its executives, with investors needing to apply as Lead Plaintiffs by July 20, 2026, indicating significant legal risks that could tarnish the company's reputation.
- Financial Reporting Uncertainty: Veritone's press release on March 26, 2026, indicated expected revenue for Q4 2025 between $18.1 million and $30 million, with stock plummeting 29.5% the following day due to concerns over financial transparency, reflecting investor anxiety.
- Revenue Adjustment Risks: In a Form NT 10-K filed on April 1, 2026, the company disclosed potential adjustments of $1.5 million to $2.5 million for Q3 2025 revenue, representing 5.2% to 8.6% of previously reported figures, which could further erode investor confidence.
- Financial Statement Misrepresentation: On April 14, Veritone admitted that its previously issued financial statements were unreliable due to significant errors, leading to an 8.3% drop in stock price, highlighting severe deficiencies in corporate governance and financial management.
See More
