GlobeNewsWire
13 Jun 2026, 23:50 UTC · 1h ago
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Veritone, Inc. is facing a securities class action lawsuit alleging it inaccurately recorded and misclassified revenue and costs. — Allegations of accounting irregularities and revenue overstatement are high-signal risks that typically trigger investor distrust and potential stock price declines.
-0.60The lawsuit claims Veritone maintained deficient internal controls and will be forced to restate certain financial statements. — Forced financial restatements and internal control failures suggest systemic governance issues, increasing the risk profile for the company.
-0.50The lead plaintiff deadline for the Veritone class action is July 20, 2026. — While a procedural date, the progression of a class action toward a lead plaintiff designation maintains negative pressure on the stock.
-0.10Which stocks this story touches
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The company is mentioned as the target of a securities class action lawsuit.
The company is mentioned as the target of a securities class action lawsuit.
The company is facing a securities class action lawsuit alleging false statements and financial misstatements.
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