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Veritone, Inc. Common Stock
As of May 30, 2026 at 24:05 UTC
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About Veritone, Inc. Common Stock
Veritone Inc is a provider of artificial intelligence (AI) computing solutions and services. It generates revenue through the delivery of its Software Products and Services which consists of revenues generated from Commercial Enterprise and Government and Regulated Industries customers using the company's aiWARE platform and hiring solutions, any related support and maintenance services, and any related professional services associated with the deployment and/or implementation of such solutions, Managed Services which consist of revenues generated from Commercial Enterprise customers using company's content licensing services, advertising agency, influencer management and related services. It has presence in the United States, the United Kingdom, France, Australia, Israel, and India.
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Latest News
5 articlesRosen Law Firm is notifying investors about multiple securities class action lawsuits. The primary case involves Veritone, Inc. (VERI), where the company allegedly made false statements about revenue and financial performance, maintained deficient internal controls, and will need to restate financial statements. The lead plaintiff deadline is July 20, 2026. Similar notices were issued for Phreesia, Inc. (PHR) and Stellantis N.V. (STLA).
Rosen Law Firm is notifying investors about multiple securities class action lawsuits. The primary case involves Phreesia, Inc. (PHR), where investors who purchased stock between May 8, 2025 and March 30, 2026 may be entitled to compensation. The lawsuit alleges Phreesia made false statements about slowing demand and reduced visibility in key revenue streams, particularly in its Network Solutions segment. Additional class actions are mentioned for Veritone, Inc. (VERI) and Stellantis N.V. (STLA). The lead plaintiff deadline for the Phreesia case is July 13, 2026.
Veritone faces a securities class action lawsuit for improper revenue accounting and financial statement misstatements. The company admitted that previously filed financial statements should no longer be relied upon, citing errors in revenue valuation and misclassification of transactions. The admissions triggered significant stock price declines, with shares falling 29% on March 26, 2026, when accounting issues first surfaced.
A class action lawsuit has been filed against Veritone, Inc. alleging the company issued materially false statements and failed to disclose inaccurate revenue recording, misclassification of costs, overstated financial metrics, and deficient internal controls. The lawsuit covers the period from October 14, 2025 to April 14, 2026, with a lead plaintiff deadline of July 20, 2026.
Veritone faces a securities class action lawsuit for improper revenue accounting between October 2025 and April 2026. The company admitted that previously filed financial statements should no longer be relied upon due to misapplied accounting, revenue overstatements, and misclassification of transactions. The disclosures, beginning March 26, 2026, triggered significant stock price declines totaling over 46% across multiple announcements.