NEW YORK--(BUSINESS WIRE)--Jul 20, 2026--
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.
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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).
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CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Veritone (VERI) Investors of Securities Class Action Deadline on July 20, 2026
DUBUQUE, Iowa (AP) — President Donald Trump is closing out the final days of a turbulent midterm campaign with rallies in two states he has handily won in the past while Democrats began to fracture in Michigan, risking their effort to retake the Senate.
Trump's stopped first on Sunday in Dubuque, Iowa, where Republicans are battling to hold onto a critical U.S. Senate seat along with the governor’s office. The 2nd Congressional District, which includes Dubuque, has also become competitive as the GOP works to protect its fragile majority in the U.S. House.
But Trump insisted Republicans were on the verge of sweeping victories on Election Day on Tuesday.
“We're going to elect ‘America first’ Republicans up and down the line,” he said.
Trump plans to close out the last weekend of campaigning before Election Day on Tuesday with a visit to Salina, Kansas. Adam Hamilton is mounting a robust bid to become the first Kansas Democrat to win a Senate seat in 94 years.
With more than 52 million votes already cast, the trips reflect the GOP's defensive posture as the elections become a referendum on Trump's White House second term.
They are a reminder of how starkly the political environment has changed since Trump’s last campaign. In 2024, he worked to flip states that had previously backed Democrat Joe Biden in 2020. This year, Trump has focused largely on states he has dominated before as voters, including previous supporters, question the economic fallout of his decision to impose tariffs and launch the war in Iran.
But Democrats who have become increasingly bullish on their prospects were confronting challenges of their own.
In Michigan, Democrat Abdul El-Sayed's onetime opponent in the Senate primary, Haley Stevens, appeared with Republican Mike Rogers at a church service and later endorsed his campaign. Stevens, a congresswoman who has criticized El-Sayed as being insufficiently supportive of Israel, said she backed Rogers after an invitation to a Democratic event was rescinded.
“Our Democratic nominee for Senate said I was no longer welcome in his campaign and that I should stay away,” Stevens said in a video announcing the endorsement. “And he’s right. And that’s why I am endorsing Mike Rogers for the United States Senate today.”
The stunning move forced other Democrats to reiterate their support for El-Sayed. Chuck Schumer of New York, the top Democrat in the U.S. Senate, said the party was “united in our support.” U.S. Sen. Kirsten Gillibrand of New York, who leads the Democratic Senatorial Campaign Committee, said the party would “stand firmly” behind El-Sayed and “reject any efforts to divide Democrats.”
Earlier, U.S. Sen. Bernie Sanders, a top supporter of El-Sayed, dismissed concerns about a Democratic divide.
“Haley Stevens lost a very, very close primary. I can understand being upset about that,” the Vermont independent said on CBS' “Face the Nation.” “But from what I can see, all over the state, people are standing up, they’re gonna stand with Abdul.”
Michigan plays a key role in the Democratic effort to retake control of the U.S. Senate. If they don't keep that seat on Tuesday, they would face additional pressure to win races in deeper Republican territory such as Texas, Kansas, Ohio or Iowa.
The campaign's closing stretch has largely become a test of Trump’s enduring strength in a Republican Party he reshaped in his image a decade ago. He's hoping to energize voters like Jon Lutz, a Dubuque resident who watches videos of Trump all the time but is attending his first rally on Sunday.
Lutz said he's happy with Trump's second term record and wants Republicans to keep control of the House and Senate so his agenda will advance.
“He’s done what he’s said he’s going to do,” the 60-year-old civil engineer said. “I want him to keep going.”
Wendy Kuenzler was also seeing Trump for the first time on Sunday. Waiting in line at the concession stand, the 44-year-old from Burlington said she felt that Iowa was at a crossroads with multiple competitive elections. She plans to support Ashley Hinson, the U.S. Senate nominee.
Kuenzler said she doesn't blame rising gas and grocery prices on Trump. "He's on the path to correcting it,” she said.
Democrats in Iowa were also campaigning feverishly on Sunday. Rob Sand, the nominee for governor, was holding several events across the state.
Trump is betting that he can overcome the headwinds facing Republicans this year by relentlessly appearing before his most loyal supporters. But the more than two dozen rallies he held in October were occasionally overshadowed by Trump's meandering asides and sometimes graphic descriptions of the physique of the male politicians he was supporting.
Trump paused the rallies on Saturday and spent the evening at his Mar-a-Lago resort in Florida at a jungle-themed Halloween party, where he bragged about the wealth of his guests and dismissed concerns about the country's direction.
“The country has never done better,” he said.
Outgoing Rep. Don Bacon, R-Neb., raised concerns on Sunday that the president's policies, particularly tariffs, could weigh down the GOP.
“Tariffs are not popular here in the Midwest,” he told CNN's “State of the Union.” “I tried telling the president that.”
Bacon predicted “there will be a debate in the party” about its future if there are significant losses this week.
Sen. Tim Scott of South Carolina was more optimistic. The chair of the National Republican Senatorial Committee said he was confident Republicans would keep the Senate and embraced Trump's role in the campaign.
“There's no doubt that President Trump has said himself that the midterm election is about him," he told NBC's “Meet the Press.” “His agenda, without any question, is on the ballot.”
Sloan reported from Washington. Associated Press writers Corey Williams in Detroit and Will Weissert and Joey Cappelletti in Washington contributed to this report.
Senate candidate Rep. Ashley Hinson, R-Iowa, greets attendees before President Donald Trump arrives to speak during a campaign rally at the Five Flags Event Center, Sunday, Nov. 1, 2026, in Dubuque, Iowa. (AP Photo/Charlie Neibergall)
Rep. James Clyburn, D-S.C., left, Rep. Debbie Dingell, D-Mich., Sen. Angela Alsobrooks, D-Md., Michigan Democratic Senate candidate Abdul El-Sayed and his wife Sarah Jukaku, attend a church service at Greater Emmanuel Institutional Church of God in Christ, Sunday, Nov. 1, 2026, in Detroit. (AP Photo/Julia Demaree Nikhinson)
A supporter holds up a sign beforePresident Donald Trump arrives to speak during a campaign rally at the Five Flags Event Center, Sunday, Nov. 1, 2026, in Dubuque, Iowa. (AP Photo/Charlie Neibergall)
Michigan Republican Senate candidate Mike Rogers, right, and Rep. Haley Stevens, D-Mich., attend a service at Perfecting Church, Sunday, Nov. 1, 2026, in Detroit. (AP Photo/Jose Juarez)
Michigan Democratic Senate candidate Abdul El-Sayed speaks at a campaign rally, Saturday, Oct. 31, 2026, in Sterling Heights, Mich. (AP Photo/Julia Demaree Nikhinson)
President Donald Trump speaks at a Halloween party at his Mar-a-Lago estate in Palm Beach, Fla., Saturday, Oct. 31, 2026. (AP Photo/Jacquelyn Martin)
