Snapshot from Jul 19, 2026 at 11:46 UTC. For live data and tracking: View Live
Events / Regulatory / Veritone class action lawsuit
Regulatory class action

Veritone class action lawsuit

Analysis based on 7 articles · First reported Jul 06, 2026 · Last updated Jul 14, 2026

Sentiment
-30
Attention
2
Articles
7
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

Veritone's stock price declined significantly upon each disclosure of accounting issues, with cumulative losses exceeding 40%. The class action lawsuit may result in financial penalties and further reputational damage for Veritone.

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Event Summary

Berger Montague PC filed a class action lawsuit against Veritone, Inc. on behalf of investors who purchased Veritone common stock between October 14, 2025 and April 14, 2026. The lawsuit alleges that Veritone and its senior executives overstated revenue by inaccurately recording and misclassifying revenue and costs under ASC 606, and concealed deficient internal controls over financial reporting. The true state of Veritone's finances began to be revealed on March 26, 2026, when the company partially disclosed fourth quarter 2025 financial results, causing its stock price to fall 29%. Further disclosures on April 1 and April 14, 2026, including a Form NT 10-K and Form 8-K filed with the SEC, revealed that previously issued financial statements should no longer be relied upon due to significant overstatement of revenue and understatement of net loss. The deadline for investors to seek lead plaintiff status is July 20, 2026.

Key Actions
100 Veritone inaccurately recorded revenue
90 Veritone filed Form 8-K
80 Berger Montague announced class action Veritone
80 Veritone filed Form NT 10-K United States — United States Securities and Exchange Commission
Entities Involved
stock
Veritone
Veritone is the defendant in the class action lawsuit, accused of accounting fraud. Its stock price fell sharply upon disclosures of accounting errors.
Importance 100.0 Sentiment -60.0
priv
Berger Montague
Berger Montague is the law firm that filed the class action lawsuit against Veritone, representing investors.
Importance 80.0 Sentiment 0.0
govactor
United States — United States Securities and Exchange Commission
The SEC received filings from Veritone (Form NT 10-K and Form 8-K) disclosing accounting issues, but is not directly involved in the lawsuit.
Importance 30.0 Sentiment 0.0
per
Andrew Abramowitz
Andrew Abramowitz is a contact attorney at Berger Montague for investors seeking information about the class action.
Importance 10.0 Sentiment 0.0
per
Caitlin Adorni
Caitlin Adorni is a contact attorney at Berger Montague for investors seeking information about the class action.
Importance 10.0 Sentiment 0.0
Relationships
Veritone related ↔ United States — United States Securities and Exchange Commission
Berger Montague related ↔ United States — United States Securities and Exchange Commission
Berger Montague related ↔ Andrew Abramowitz
Berger Montague related ↔ Caitlin Adorni
Andrew Abramowitz co-counsel ↔ Caitlin Adorni Andrew Abramowitz directly collaborates with Caitlin Adorni as co-counsel, jointly managing investor inquiries for numer
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