{"id":979819,"date":"2026-07-08T14:53:30","date_gmt":"2026-07-08T18:53:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/veri-investor-alert-hbss-probes-claims-alleged-against-veritone-inc-veri-in-pending-securities-class-action-regarding-alleged-accounting-irregularities-2\/"},"modified":"2026-07-08T14:53:30","modified_gmt":"2026-07-08T18:53:30","slug":"veri-investor-alert-hbss-probes-claims-alleged-against-veritone-inc-veri-in-pending-securities-class-action-regarding-alleged-accounting-irregularities-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/veri-investor-alert-hbss-probes-claims-alleged-against-veritone-inc-veri-in-pending-securities-class-action-regarding-alleged-accounting-irregularities-2\/","title":{"rendered":"VERI Investor Alert: HBSS Probes Claims Alleged Against Veritone, Inc. (VERI) in Pending Securities Class Action Regarding Alleged Accounting Irregularities"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">SAN FRANCISCO, July  08, 2026  (GLOBE NEWSWIRE) &#8212; National shareholder rights firm Hagens Berman (HBSS) is actively investigating claims alleged against Veritone, Inc. (<strong>NASDAQ: VERI<\/strong>) and certain of its executives in a pending securities class action filed after the company admitted its previously issued financial statements were materially misstated.<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1c6lwf5Rfb-k1BntNudR3FzwyOx1osH4tjbqfOlXGEbEfXMoUl1bTc5lNgWT-gr3Pri8NMVAtDPKGGD2drx7jz6c_nbgCmGTlw6ZciZexINzAYoqmumV7nZVv1JiT9sntdwqDMtRPygHUY2DWpDMdQ==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>SUBMIT YOUR VERI LOSSES TO HBSS<\/strong><br \/>\n        <\/a>\n      <\/p>\n<p>The firm\u2019s investigation focuses on the suit\u2019s claims that Veritone and its management violated the securities laws by intentionally misleading investors regarding the company\u2019s financial performance through improper accounting practices during the period from <strong>October 14, 2025, to April 14, 2026<\/strong>.<\/p>\n<p>\n        <strong>Allegations of Improper Accounting and Revenue Inflation:<\/strong>\n      <\/p>\n<p>The securities class action follows a series of disclosures in early 2026 that resulted in significant declines in Veritone\u2019s share price. The core allegations, which emerged in a recently filed complaint against the company, claim that Veritone failed to disclose that it:<\/p>\n<ul type=\"disc\">\n<li>Inaccurately recorded and\/or misclassified certain revenue and costs.<\/li>\n<li>Overstated its revenue, assets, accounts receivable, royalties, and other comprehensive income.<\/li>\n<li>Maintained deficient internal controls over accounting and financial reporting.<\/li>\n<li>Provided investors with positive statements regarding its business, operations, and prospects that lacked a reasonable basis.\n<\/li>\n<\/ul>\n<p>\n        <strong>Key Disclosures and Market Impact <\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li>\n          <strong>March 26, 2026<\/strong>: Veritone announced that it was \u201cfinalizing its accounting determination of certain revenue transactions,\u201d causing shares to fall over 29% the following day.<\/li>\n<li>\n          <strong>April 1, 2026<\/strong>: The company delayed its annual report filing due to accounting determination issues regarding barter revenue, leading to another stock decline.<\/li>\n<li>\n          <strong>April 14, 2026<\/strong>: Veritone formally disclosed that its unaudited condensed consolidated financial statements for the three and nine months ended September 30, 2025, should no longer be relied upon, citing errors in software valuation and revenue misclassification, which drove the price of Veritone shares down further.<\/p>\n<\/li>\n<\/ul>\n<p>\n        <strong>Hagens Berman\u2019s Investigation<\/strong>\n      <\/p>\n<p>\u201cOur investigation is focused on whether Veritone and its management intentionally misled investors about its financial performance using now-admitted improper accounting,\u201d said <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eLImvxlEPIYcR0FG3kGyzchO26CBH8a4HQNdBjjjlxgZP-GBL3kwZDUmWNRKe61awTumaxGdcBHGLQ8F4scOSF1A0nOqa_MDMJNBuN1PKIG_b3dCihBFc4z0bFw9sQ8K\" rel=\"nofollow\" target=\"_blank\"><strong>Reed Kathrein<\/strong><\/a>, the Hagens Berman partner leading the firm\u2019s investigation.<\/p>\n<p>\n        <strong>Investor Rights and Court Deadlines <\/strong>\n      <\/p>\n<p>If you invested in Veritone securities during the Class Period (October 14, 2025 \u2013 April 14, 2026) and suffered financial losses, you may be eligible to serve as lead plaintiff in the ongoing litigation. The court-imposed deadline to move for appointment as lead plaintiff is <strong>July 20, 2026<\/strong>.<\/p>\n<ul type=\"disc\">\n<li>\n          <a href=\"https:\/\/www.hbsslaw.com\/investor-fraud\/veri\" rel=\"nofollow\" target=\"_blank\"><br \/>\n            <strong>Report your losses <\/strong><br \/>\n          <\/a>\n        <\/li>\n<li>\n          <strong>Contact the Firm Now: <\/strong><br \/>\n          <a href=\"mailto:VERI@hbsslaw.com\" rel=\"nofollow\" target=\"_blank\"><br \/>\n            <strong>VERI@hbsslaw.com<\/strong><br \/>\n          <\/a>\n        <\/li>\n<li>\n          <strong>HBSS Investor Hotline<\/strong>: 844-916-0895<\/li>\n<li>\n          <strong>Hagens Berman Veritone Site:<\/strong><br \/>\n          <a href=\"https:\/\/www.hbsslaw.com\/cases\/veritone-inc-veri-securities-class-action\" rel=\"nofollow\" target=\"_blank\">www.hbsslaw.com\/cases\/veritone<\/a><\/p>\n<\/li>\n<\/ul>\n<p>View our latest video summary of the allegations: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wB3uaq32ri0pHZdNhAwG6BWs2MWVBnlKmjR3Wp55bhtTg0WebWubNR3AwjRiXBDw8uJ5SK84HnJE0zoff1rfhs2vOaHlPey6WwaqzWZHm3Y=\" rel=\"nofollow\" target=\"_blank\"><strong>youtu.be\/dflmz_R1g64<\/strong><\/a><\/p>\n<p>\n        <strong>Whistleblowers: <\/strong>Persons with non-public information regarding Veritone should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at <strong>844-916-0895<\/strong> or email <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MfISOZqyY49z_H5Z2iP_65Rj9Es8KS4zIx51av14nOWZcUDXGgWr_521KKGoxEwZkYiW2uks4n9JavFRdU0I_D59FBt4IT1ibXFX6jaVrQ8=\" rel=\"nofollow\" target=\"_blank\">VERI@hbsslaw.com<\/a>.<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xcJNsCEOvUojoC0lqk3oZF8ogNEaMAHxSWkcmmPrh5RayJTkVI4LcZ6w1Jsjjjj3hpgbHgZEmNAY1WTAIri29zPgDIFZkiBLz2NBSyA0u_U=\" rel=\"nofollow\" target=\"_blank\">About Hagens Berman<\/a><br \/>\n        <br \/>Hagens Berman is a global plaintiffs\u2019 rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman\u2019s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VmmefTcupLiBy3V4obiXaMKNEASkiOsQ_x6uKnVL_Oj_9HXEEzjGDFfVlGHqac_3dowhGVP-N30rZvzVfuZjXA==\" rel=\"nofollow\" target=\"_blank\">hbsslaw.com<\/a>. Follow the firm for updates and news at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eMR26Mtjeqmcc3L6IJGVFT4eFjx1Ybng09mXUwIC4XKXjkKb-P66axmZAH6mOMbILG7yXIoJSvgK6auPdOXjxag0BrLdWxgRwwuw2CYzuoGr3IheWAx_xcgbBHcCuvGL\" rel=\"nofollow\" target=\"_blank\">@ClassActionLaw<\/a>.<\/p>\n<p>\n        <u>Contact: <\/u><br \/>\n        <br \/>Reed Kathrein, 844-916-0895<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc1OTIwMCM3Njk3NDI1IzIwMTg1MzI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MzY1OGRmZmItMjc2Ni00NTM2LTkzN2YtMjYyNGIxY2U3ODc3LTEwMzAxMDUtMjAyNi0wNy0wOC1lbg==\/tiny\/Hagens-Berman-Sobol-Shapiro-LL.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN FRANCISCO, July 08, 2026 (GLOBE NEWSWIRE) &#8212; National shareholder rights firm Hagens Berman (HBSS) is actively investigating claims alleged against Veritone, Inc. (NASDAQ: VERI) and certain of its executives in a pending securities class action filed after the company admitted its previously issued financial statements were materially misstated. SUBMIT YOUR VERI LOSSES TO HBSS The firm\u2019s investigation focuses on the suit\u2019s claims that Veritone and its management violated the securities laws by intentionally misleading investors regarding the company\u2019s financial performance through improper accounting practices during the period from October 14, 2025, to April 14, 2026. Allegations of Improper Accounting and Revenue Inflation: The securities class action follows a series of disclosures in early 2026 that resulted in significant declines &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/veri-investor-alert-hbss-probes-claims-alleged-against-veritone-inc-veri-in-pending-securities-class-action-regarding-alleged-accounting-irregularities-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;VERI Investor Alert: HBSS Probes Claims Alleged Against Veritone, Inc. (VERI) in Pending Securities Class Action Regarding Alleged Accounting Irregularities&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-979819","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VERI Investor Alert: HBSS Probes Claims Alleged Against Veritone, Inc. (VERI) in Pending Securities Class Action Regarding Alleged Accounting Irregularities - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/veri-investor-alert-hbss-probes-claims-alleged-against-veritone-inc-veri-in-pending-securities-class-action-regarding-alleged-accounting-irregularities-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VERI Investor Alert: HBSS Probes Claims Alleged Against Veritone, Inc. 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Allegations of Improper Accounting and Revenue Inflation: The securities class action follows a series of disclosures in early 2026 that resulted in significant declines &hellip; Continue reading &quot;VERI Investor Alert: HBSS Probes Claims Alleged Against Veritone, Inc. 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(VERI) in Pending Securities Class Action Regarding Alleged Accounting Irregularities - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/veri-investor-alert-hbss-probes-claims-alleged-against-veritone-inc-veri-in-pending-securities-class-action-regarding-alleged-accounting-irregularities-2\/","og_locale":"en_US","og_type":"article","og_title":"VERI Investor Alert: HBSS Probes Claims Alleged Against Veritone, Inc. (VERI) in Pending Securities Class Action Regarding Alleged Accounting Irregularities - Market Newsdesk","og_description":"SAN FRANCISCO, July 08, 2026 (GLOBE NEWSWIRE) &#8212; National shareholder rights firm Hagens Berman (HBSS) is actively investigating claims alleged against Veritone, Inc. (NASDAQ: VERI) and certain of its executives in a pending securities class action filed after the company admitted its previously issued financial statements were materially misstated. SUBMIT YOUR VERI LOSSES TO HBSS The firm\u2019s investigation focuses on the suit\u2019s claims that Veritone and its management violated the securities laws by intentionally misleading investors regarding the company\u2019s financial performance through improper accounting practices during the period from October 14, 2025, to April 14, 2026. Allegations of Improper Accounting and Revenue Inflation: The securities class action follows a series of disclosures in early 2026 that resulted in significant declines &hellip; Continue reading \"VERI Investor Alert: HBSS Probes Claims Alleged Against Veritone, Inc. (VERI) in Pending Securities Class Action Regarding Alleged Accounting Irregularities\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/veri-investor-alert-hbss-probes-claims-alleged-against-veritone-inc-veri-in-pending-securities-class-action-regarding-alleged-accounting-irregularities-2\/","og_site_name":"Market Newsdesk","article_published_time":"2026-07-08T18:53:30+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc1OTIwMCM3Njk3NDI1IzIwMTg1MzI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/veri-investor-alert-hbss-probes-claims-alleged-against-veritone-inc-veri-in-pending-securities-class-action-regarding-alleged-accounting-irregularities-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/veri-investor-alert-hbss-probes-claims-alleged-against-veritone-inc-veri-in-pending-securities-class-action-regarding-alleged-accounting-irregularities-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"VERI Investor Alert: HBSS Probes Claims Alleged Against Veritone, Inc. 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