Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims against Verra Mobility Inc. (NASDAQ: VRRM)
NEW YORK, NY – September 7, 2023 – Wolf Haldenstein Adler Freeman & Herz LLP (“Wolf Haldenstein”), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Verra Mobility Inc., (“Verra” or “the Company”) (NASDAQ: VRRM) for violations of federal securities laws.
All investors who purchased shares and incurred losses are advised to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774.
Wolf Haldenstein is investigating whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Verra is a leading provider of smart mobility technology solutions throughout the U.S., Australia, Europe and Canada. The Company claims to make transportation safer, smarter and more connected through its integrated, data-driven solutions, including toll and violations management, title and registration services, automated safety and traffic enforcement and commercial parking management. Verra brings together vehicles, hardware software, data and people to solve transportation challenges for customers around the world, including fleet owners such as rental car companies and fleet management companies, governments, universities, parking operators, healthcare facilities, transportation hubs and other violation-issuing authorities.
On August 28, 2023, the Company announced that its independent public accounting firm, Ernst & Young, had resigned from its appointment. The next day, shares of Verra declined by more than 6.8% in intraday trading. The stock has continued to decline in the days afterwards and is presently trading around $17.65 per share.
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735 or via e-mail at classmember@whafh.com.
Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Patrick Donovan, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774