Notice of Veritone Securities Class Action
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 37 minutes ago
0mins
Source: Globenewswire
- Class Action Deadline: Rosen Law Firm reminds investors who purchased Veritone securities between October 14, 2025, and April 14, 2026, that they must apply to be lead plaintiff by July 20, 2026, to participate in the class action and seek compensation.
- Lawsuit Allegations: The lawsuit alleges that Veritone made false statements and failed to disclose critical information regarding its financial reporting, resulting in inflated revenue and assets, which misled investors and caused financial losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, being ranked No. 1 by ISS Securities Class Action Services in 2017, highlighting its expertise and successful track record in this field.
- Investor Action Recommendations: Investors can visit the Rosen Law Firm website or call the toll-free number for more information, emphasizing the importance of selecting qualified legal counsel to ensure proper representation in the lawsuit and avoid inexperienced intermediaries.
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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: 1.440
Low
6.00
Averages
8.33
High
10.00
Current: 1.440
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.
- Class Action Deadline: Rosen Law Firm reminds investors who purchased Veritone securities between October 14, 2025, and April 14, 2026, that they must apply to be lead plaintiff by July 20, 2026, to participate in the class action and seek compensation.
- Lawsuit Allegations: The lawsuit alleges that Veritone made false statements and failed to disclose critical information regarding its financial reporting, resulting in inflated revenue and assets, which misled investors and caused financial losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, being ranked No. 1 by ISS Securities Class Action Services in 2017, highlighting its expertise and successful track record in this field.
- Investor Action Recommendations: Investors can visit the Rosen Law Firm website or call the toll-free number for more information, emphasizing the importance of selecting qualified legal counsel to ensure proper representation in the lawsuit and avoid inexperienced intermediaries.
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- Financial Reporting Errors: Veritone's financial report released on March 26, 2026, indicated fourth-quarter 2025 revenues between $18.1 million and $30 million, leading to a 29.5% stock price drop the following day due to significant transparency issues in financial disclosures.
- Accounting Audit Issues: The NT 10-K filed on April 1, 2026, revealed that the company could not timely finalize its accounting determinations, potentially reducing third-quarter 2025 revenues by $1.5 million to $2.5 million, highlighting deficiencies in internal controls that could undermine investor confidence.
- Risk of Financial Restatement: On April 14, 2026, Veritone disclosed that its previously issued financial statements were no longer reliable due to errors resulting in significant revenue overstatements and net loss understatements, exacerbating market concerns regarding the company's financial health.
- Class Action Initiation: Investors are reminded to file lead plaintiff motions by July 20, 2026, as the company failed to disclose critical adverse information during the class period, potentially exposing investors to significant losses and reflecting the legal risks that could impact the company's future.
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- Lawsuit Background: Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against Veritone, Inc., alleging violations of federal securities laws on behalf of all investors who purchased or acquired Veritone securities between October 14, 2025, and April 14, 2026.
- Financial Misconduct: The complaint alleges that Veritone inaccurately recorded and misclassified certain revenues and costs, resulting in an overstatement of revenue, assets, and accounts receivable, which severely impacts investors' perceptions of the company's financial health.
- Internal Control Deficiencies: The lawsuit also highlights that Veritone maintained deficient internal controls over accounting and financial reporting, forcing the company to restate certain financial statements, which could further undermine investor confidence and lead to a decline in stock price.
- Investor Action Call: Affected investors are encouraged to apply to be lead plaintiffs by July 20, 2026, with Bronstein, Gewirtz & Grossman, LLC offering no-cost legal representation, emphasizing their expertise and successful track record in securities fraud class actions.
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- Class Action Initiated: Pomerantz LLP has announced 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 undermine investor confidence.
- Financial Reporting Delays: On April 1, 2026, Veritone filed a Form NT 10-K with the SEC, revealing it could not timely submit its Annual Report for the fiscal year 2025 due to delays in accounting determinations, highlighting potential internal control issues that may affect future financial transparency.
- Revenue Adjustment Risks: The company disclosed that revenue for Q3 2025 might be adjusted down by $1.5 million to $2.5 million, representing 5.2% to 8.6% of previously reported quarterly revenue, which could further erode market confidence in its financial health and lead to continued stock price declines.
- Increased Stock Volatility: Following the revelation of financial issues, Veritone's stock price fell by 9.14% on April 1 and by 8.3% on April 15, 2026, reflecting market concerns over the company's financial status, which may impact its ability to raise capital and execute future growth strategies.
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- Class Action Reminder: The Schall Law Firm reminds investors of a class action lawsuit against Veritone, Inc. for violations of securities laws related to transactions between October 14, 2025, and April 14, 2026, urging affected investors to contact the firm by July 20, 2026, to participate.
- Financial Reporting Errors: The complaint alleges that Veritone misclassified certain revenues and costs, leading to inflated revenue and accounts receivable figures, which misled investors regarding the company's financial health and could result in significant investor losses.
- Legal Liability Risks: Due to inadequate controls over accounting and financial reporting, Veritone will be forced to restate its financial statements, which not only impacts the company's reputation but also exposes it to potential future legal liabilities and financial penalties.
- Investor Losses: As the market learns the true financial condition of Veritone, investors face losses, prompting the Schall Law Firm to encourage affected shareholders to join the lawsuit for compensation, highlighting serious concerns over corporate governance and transparency.
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- Class Action Deadline: Rosen Law Firm reminds investors who purchased Veritone securities between October 14, 2025, and April 14, 2026, that they must apply to be lead plaintiff by July 20, 2026, to participate in the class action and potentially receive compensation.
- Lawsuit Background: The lawsuit alleges that Veritone made false statements and had deficient internal controls over financial reporting, resulting in inflated revenue and assets, which caused investor losses and may lead to financial restatements.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, demonstrating its success and resource advantages in this field.
- How to Participate: Investors can visit the Rosen Law Firm website or call the toll-free number for more information, ensuring they select qualified legal counsel to effectively protect their rights.
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