Veritone faces investigation after restating financials and stock drop.

Veritone, Inc. announced that its previously issued financial statements for parts of 2025 are unreliable due to errors that reduced reported quarterly revenue by $2.48 million, or 8.53%. This disclosure led to an 8.33% drop in Veritone's stock price. Following this, law firm Pomerantz LLP launched an investigation into potential securities fraud or unlawful practices by Veritone and its executives. Investors affected by this issue are advised to contact the firm for possible legal action.