Veritone Securities Fraud Class Actions
Analysis based on 303 articles · First reported May 19, 2026 · Last updated Jul 04, 2026
The multiple class action lawsuits against Veritone, Inc. for alleged securities fraud and accounting misstatements have already caused significant drops in Veritone's stock price. The ongoing litigation and potential restatement of financial statements are likely to maintain negative pressure on Veritone's market valuation and investor confidence.
Veritone, Inc. is facing multiple class action lawsuits from various investor rights law firms, including The Schall Law Firm, Bronstein, Gewirtz & Grossman, LLC, Hagens Berman, Pomerantz LLP, The Law Offices of Frank R. Cruz, Law Offices of Howard G. Smith, Glancy Prongay & Murray, DJS Law Group, Rosen Law Firm, Bernstein Liebhard LLP, and Faruqi & Faruqi. These lawsuits allege that Veritone made false and misleading statements to the market between October 14, 2025, and April 14, 2026. The core allegations include inaccurate recording and misclassification of certain revenues and costs, overstatement of revenues, assets, accounts receivable, royalties, and other comprehensive income, and deficient internal controls over accounting and financial reporting. These issues led to Veritone's admission that previously issued financial statements should no longer be relied upon and that restatements would be necessary. The disclosures of these accounting irregularities caused significant drops in Veritone's stock price, with declines of 29.5% on March 27, 2026, 9.14% on April 1, 2026, and 8.3% on April 15, 2026. Investors who purchased Veritone securities during the specified Class Period are encouraged to join these lawsuits, with a lead plaintiff deadline of July 20, 2026.
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