Investor deadline approaching for securities fraud class actions against Phreesia, Sportradar, Commvault, and Veritone

Regulation
โดย GlobeNewswire·Read original
Summary · why it matters

The Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of Phreesia, Sportradar Group, Commvault Systems, and Veritone, with lead plaintiff deadlines between July 13 and July 20, 2026. The Phreesia complaint alleges the company misled investors about its long-term growth outlook and revenue projections for fiscal year 2027, while the Sportradar suit claims the company worked with black-market gambling operators despite assurances of compliance. Commvault is accused of failing to disclose the impact of different sale types on annual recurring revenue growth, and Veritone allegedly overstated revenue and assets due to misclassified revenue and costs, leading to a restatement. Investors who suffered losses may contact the law firm to discuss their legal rights.

Impact on stocks 4

Cybersecurity & Digital Trust▼ · 1 stocks
CommVault Systems Inc
CVLT
▼ NegativeRegulationrelevance

Accused of failing to disclose impact of sale types on ARR growth, leading to class action.

Cloud & Digital Infrastructure▼ · 1 stocks
Phreesia Inc
PHR
▼ NegativeRegulationrelevance

Allegedly misled investors about long-term growth outlook and revenue projections for FY2027.

Consumer Discretionary▼ · 1 stocks
Sportradar Group AG
SRAD
▼ NegativeRegulationrelevance

Suit claims company worked with black-market gambling operators despite compliance assurances.

Artificial Intelligence▼ · 1 stocks
Veritone Inc
VERI
▼ NegativeRegulationrelevance

Allegedly overstated revenue and assets due to misclassified revenue and costs, leading to restatement.

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