A securities class action has been filed against Veritone, Inc. (VERI) on behalf of persons and entities that purchased or otherwise acquired Veritone securities between October 14, 2025 through April 14, 2026. This case has been filed in the USDC – CDCA.
On April 14, 2026, Veritone disclosed in a filing with the U.S. Securities and Exchange Commission “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”, citing five categories of errors with a “collective impact . . . of reducing the company’s quarterly revenue $2.48 million (8.53%) to $26.63 million.”
On this news, Veritone’s stock price fell $0.19 per share, or 8.33%, to close at $2.09 per share on April 15, 2026.