The Law Offices of Frank R. Cruz announces an investigation of Veritone, Inc. (“Veritone” or the “Company”) (NASDAQ: VERI) on behalf of investors concerning

What Is The Investigation About?
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.