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CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Verra (VRRM) Investors of Securities Class Action Lawsuit Deadline on August 4, 2026

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CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Verra (VRRM) Investors of Securities Class Action Lawsuit Deadline on August 4, 2026
Business

Business

CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Verra (VRRM) Investors of Securities Class Action Lawsuit Deadline on August 4, 2026

2026-08-05 03:23 Last Updated At:03:31

NEW YORK--(BUSINESS WIRE)--Aug 4, 2026--

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Verra Mobility Corporation (“Verra” or the “Company”) (NASDAQ: VRRM) and reminds investors of the August 4, 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/20260804158794/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.

According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra’s relationship with Avis Budget Group (“Avis”), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives.

On May 26, 2026, Verra issued a press release announcing a termination notice from Avis regarding its contract and accordingly lowered its 2026 full-year financial outlook. Almost one week later on June 1, 2026, the Company announced a sudden and surprising transition of its President and Chief Executive Officer David Roberts. Following this news, the price of Verra’s common stock declined dramatically.

From a closing market price of $13.08 per share on May 26, 2026, Verra’s stock price fell to $3.85 per share on May 27, 2026, a decline of about 71%.

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 Verra’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Verra class action, go to www.faruqilaw.com/VRRM or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Frequently Asked Questions (FAQ) for Investors Regarding the Verra Mobility Securities Class Action Lawsuit:

What is the Verra Mobility securities fraud lawsuit about?

The lawsuit alleges Verra Mobility misled investors about the strength of its relationship with Avis Budget Group, the likelihood of a contract extension, and the risk that major rental car companies could replace Verra’s services with alternative solutions.

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired Verra Mobility (NASDAQ: VRRM) securities between February 24, 2026 and May 26, 2026 may be eligible to participate if they suffered losses related to the alleged misconduct described in the complaint.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff represents the interests of the proposed class and helps oversee the litigation. Investors seeking appointment must file a motion with the court by August 4, 2026. Investors can share in any recovery without serving as lead plaintiff.

What should investors do if they purchased Verra Mobility stock during the Class Period?

Investors should review their transaction records, preserve relevant documents, and evaluate their legal rights. Those who suffered losses may wish to consult counsel regarding participation in the lawsuit or seeking lead plaintiff status before the deadline.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Verra Mobility securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

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.

CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Verra (VRRM) Investors of Securities Class Action Lawsuit Deadline on August 4, 2026

CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Verra (VRRM) Investors of Securities Class Action Lawsuit Deadline on August 4, 2026

The U.S. House Ethics Committee said Tuesday it had opened an investigation into domestic abuse allegations against Republican Rep. Max Miller as the embattled Ohio congressman faced pressure from President Donald Trump and escalating criticism from his ex-father in law, Ohio Sen. Bernie Moreno.

Miller, a senior adviser to Trump during his first presidency, faced a Wednesday deadline to decide whether to stay in his race for reelection, with Republicans nervous that the allegations surrounding the second-term congressman could cost them a seat as they try to hang on to their House majority in this year's midterms.

Leaders of the ethics committee said in their statement that the committee was reviewing whether Miller “may have engaged in domestic violence and abuse or illegal drug use.” Earlier in the day, Miller said he had requested his own investigation into the allegations made by his ex-wife, Emily Moreno. It was not clear whether his request or another one prompted the committee to investigate.

Trump spoke with Miller on Monday and advised that his candidacy “doesn’t look good,” according to a source familiar with the conversation who was granted anonymity to discuss a private conversation. Trump’s conversation with Miller was first reported by Axios.

But Miller, in announcing his plans on the social platform X to request an ethics probe, said, “I have nothing to hide" and that he was seeking “to clear my name.”

The former Trump aide whom the president endorsed in May is facing a flurry of legal filings by his ex-wife, who is the Republican senator's daughter, and an ex-girlfriend.

Sen. Moreno, who until Sunday had remained quiet about the allegations at his daughter's request, on Tuesday described the impact on his daughter, granddaughter and wider family as “truly the seventh level of hell."

“This has been brutal beyond comprehension," he told reporters at the Capitol. "And if there's any minimum standard for being a public official, as I said, he fails to meet that minimum, basic standard.”

Asked about the election implications of the allegations for Republicans, Moreno told reporters, “I don't care about the politics at all.”

Moreno expressed concern for his granddaughter and told reporters that he traveled Sunday to a suburban Cleveland police station, where Miller was dropping off their daughter. Miller and his ex-wife share custody of the 2-year-old.

Miller had previewed his intention to stay in the race over the weekend when he livestreamed a video defending himself on X and posting a cache of documents related to his divorce and custody cases.

“I’m not dropping out of this race and I’ll win in November,” he said on the platform.

Sen. Moreno said the video prompted him to break his silence and call for Miller to no longer hold public office.

Trump declined to say publicly on Monday whether Miller should exit the race, noting that the accusations against him were “allegations.”

“I know Max. He's a good person. I mean, I always thought he was a very good person. And I'm going to let the families figure that out,” Trump told reporters when asked about Miller during an Oval Office event.

Sen. Bernie Moreno, R-Ohio, arrives as Dr. Anthony Fauci appears before the Senate Homeland Security and Governmental Affairs Committee at the Capitol, Wednesday, July 29, 2026, in Washington. (AP Photo/Allison Robbert)

Sen. Bernie Moreno, R-Ohio, arrives as Dr. Anthony Fauci appears before the Senate Homeland Security and Governmental Affairs Committee at the Capitol, Wednesday, July 29, 2026, in Washington. (AP Photo/Allison Robbert)

FILE - Rep.-elect Max Miller, R-Ohio, arrives for new member orientation check-in and program registration with Emily Moreno in Washington, Nov. 13, 2022. (AP Photo/Amanda Andrade-Rhoades, File)

FILE - Rep.-elect Max Miller, R-Ohio, arrives for new member orientation check-in and program registration with Emily Moreno in Washington, Nov. 13, 2022. (AP Photo/Amanda Andrade-Rhoades, File)

FILE - Rep. Max Miller, R-Ohio, walks out of a meeting with House Majority Leader Steve Scalise of La., on Capitol Hill, Oct. 11, 2023, in Washington. (AP Photo/Andrew Harnik, File)

FILE - Rep. Max Miller, R-Ohio, walks out of a meeting with House Majority Leader Steve Scalise of La., on Capitol Hill, Oct. 11, 2023, in Washington. (AP Photo/Andrew Harnik, File)

FILE - Rep.-elect Max Miller, R-Ohio, arrives for new member orientation check-in and program registration in Washington, Nov. 13, 2022. (AP Photo/Amanda Andrade-Rhoades, File)

FILE - Rep.-elect Max Miller, R-Ohio, arrives for new member orientation check-in and program registration in Washington, Nov. 13, 2022. (AP Photo/Amanda Andrade-Rhoades, File)

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