--- title: "CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Veritone (VERI) Investors of Securities Class Action Deadline on July 20, 2026" type: "News" locale: "en" url: "https://longbridge.com/en/news/293241409.md" description: "Faruqi & Faruqi, LLP reminds Veritone (VERI) investors of the July 20, 2026 deadline to seek lead plaintiff status in a securities class action. The lawsuit alleges Veritone violated federal laws by misstating revenue and assets due to accounting errors under ASC 606, leading to financial restatements and significant stock price drops in March and April 2026." datetime: "2026-07-20T17:13:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293241409.md) - [en](https://longbridge.com/en/news/293241409.md) - [zh-HK](https://longbridge.com/zh-HK/news/293241409.md) --- # CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Veritone (VERI) Investors of Securities Class Action Deadline on July 20, 2026 **CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Veritone (VERI) Investors of Securities Class Action Deadline on July 20, 2026** **Faruqi & Faruqi, LLP Securities Litigation Partner** **James (Josh) Wilson** **Encourages Investors Who Suffered Losses In Veritone To Contact Him Directly To Discuss Their Options** **If you purchased or acquired securities in** **Veritone** **between October 14, 2025 and April 14, 2026** and would like to discuss your legal rights, call Faruqi & Faruqi partner **Josh Wilson directly** at **877-247-4292** or **212-983-9330 (Ext. 1310)**. **\[You may also click here for additional information\]** Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Veritone, Inc. (“Veritone” or the “Company”) (NASDAQ: VERI) and reminds investors of the **July 20, 2026 deadline** to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260720421378/en/ Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that the Company inaccurately recorded and/or misclassified certain revenue and costs; (2) that, as a result, the Company overstated its revenue, assets, accounts receivable, royalties and other comprehensive income; (3) that Veritone maintained deficient internal controls over accounting and financial reporting; (4) that, as a result of the foregoing, the Company would be forced to restate certain of its financial statements, and (5) that, as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. On March 26, 2026, after the market closed, Veritone released its preliminary fourth quarter 2025 financial results, expecting revenue between $18.1 and $30 million. The Company explained that the range in expected revenue was because it was “currently finalizing its accounting determination for certain revenue transactions under ASC 606.” On this news, Veritone’s stock price fell $0.77, or 29.5%, to close at $1.84 per share on March 27, 2026, thereby injuring investors. Then, on April 14, 2026, after the market closed, Veritone disclosed that it had “determined that the Company’s previously issued unaudited condensed consolidated financial statements as of and for the three and nine months ended September 30, 2025 should no longer be relied upon” due to errors resulting in significant overstatement of revenue and understatement of net loss. On this news, Veritone’s stock price fell $0.19, or 8.3%, to close at $2.09 per share on April 15, 2026, thereby injuring investors further. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Veritone’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the **Veritone** class action, go to **www.faruqilaw.com/VERI** or **call** Faruqi & Faruqi partner **Josh Wilson directly** at **877-247-4292** or **212-983-9330 (Ext. 1310)**. Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. Faruqi & Faruqi, LLP Josh Wilson 877-247-4292 or 212-983-9330 (Ext. 1310) View source version on businesswire.com: https://www.businesswire.com/news/home/20260720421378/en/ ### Related Stocks - [VERI.US](https://longbridge.com/en/quote/VERI.US.md) ## Related News & Research - [Veritone integrates Redact with MCCi JustFOIA for SLED public records requests](https://longbridge.com/en/news/294820536.md) - [Veritone Adds Document Redaction to Create an All-in-One, AI-Powered Redaction Suite | VERI Stock News](https://longbridge.com/en/news/294363244.md) - [Baxter Q2 2026 Earnings Preview](https://longbridge.com/en/news/294224876.md) - [Sidoti Has Positive Outlook for AGM FY2026 Earnings](https://longbridge.com/en/news/294822598.md) - [Ascopiave announces filing of H1 2026 interim financial report](https://longbridge.com/en/news/294500822.md)