Newsfile Corp
28 Jun 2026, 16:00 UTC · 3h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
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3 claims · each scored for market impact
Veritone, Inc. is alleged to have inaccurately recorded or misclassified revenue and costs, leading to overstated revenue, assets, and accounts receivable. — Allegations of financial misstatement and revenue inflation strike at the core of a company's valuation and credibility.
-0.80The lawsuit claims Veritone maintained deficient internal controls over accounting and financial reporting, necessitating a restatement of financial statements. — Deficient internal controls and forced restatements indicate systemic governance failures and high risk of future volatility.
-0.70A securities class action lawsuit has been filed against Veritone and its officers for alleged violations of federal securities laws. — Litigation creates legal overhang, potential settlement costs, and negative sentiment, though it is a common occurrence for public companies.
-0.40Which stocks this story touches
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The company is facing a class action lawsuit alleging securities fraud, revenue misclassification, and deficient internal controls.
A class action lawsuit has been filed alleging investor harm.
A class action lawsuit has been filed alleging investor harm.
A class action lawsuit has been filed alleging investor harm.
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