{"id":19180,"date":"2026-06-10T22:27:00","date_gmt":"2026-06-10T20:27:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=74ad90daf177669587831e3795b218a8"},"modified":"2026-06-10T22:27:00","modified_gmt":"2026-06-10T20:27:00","slug":"law-offices-of-howard-g-smith-encourages-verra-mobility-corporation-vrrm-shareholders-to-inquire-about-securities-fraud-class-action","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=19180","title":{"rendered":"Law Offices of Howard G. Smith Encourages Verra Mobility Corporation (VRRM) Shareholders To Inquire About Securities Fraud Class Action"},"content":{"rendered":"

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Verra Mobility Corporation (\u201cVerra\u201d or the \u201cCompany\u201d) (NASDAQ: VRRM<\/a>) common stock between February 24, 2026 and May 26, 2026<\/b>, inclusive (the \u201cClass Period\u201d). Verra investors have until August 4, 2026 <\/b>to file a lead plaintiff motion.<\/p>

\nIF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN VERRA MOBILITY CORPORATION (VRRM), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.<\/b><\/p>

\nContact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com,<\/a> by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com<\/a>.<\/p>

\nWhat Happened?<\/b><\/p>

\nOn May 26, 2026, Verra disclosed that it had received a termination notice from Avis Budget Group regarding its contract. The Company accordingly lowered its full year 2026 financial outlook.<\/p>

\nOn this news, Verra\u2019s stock price fell $9.23, or 70.6%, to close at $3.85 per share on May 27, 2026, thereby injuring investors.<\/p>

\nOn June 1, 2026, Verra announced that its President and Chief Executive Officer had been terminated as \u201cthe Board determined that a change in leadership [was] needed[.]\u201d<\/p>

\nWhat Is The Lawsuit About?<\/b><\/p>

\nThe complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Verra\u2019s optimistic plan for continued growth in its Commercial Services business was dependent on its relationship with Avis, and in particular obtaining a contract extension with Avis Budget; (2) the Company minimized concerns that major RACs could replace Verra with in-house solutions or outsourced alternatives, making Verra\u2019s 2026 full year guidance increasingly unlikely to be met; and (3) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>

\nContact Us To Participate or Learn More:<\/b><\/p>

\nIf you purchased Verra common stock, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:<\/p>

\nLaw Offices of Howard G. Smith,\n3070 Bristol Pike, Suite 112,\nBensalem, Pennsylvania 19020,\nTelephone: (215) 638-4847\nEmail: howardsmith@howardsmithlaw.com,<\/a>Visit our website at: www.howardsmithlaw.com<\/a>.<\/p>

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

\nContact Us:<\/b>Law Offices of Howard G. Smith\nHoward G. Smith, Esquire\n215-638-4847\nhowardsmith@howardsmithlaw.com<\/a>www.howardsmithlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

BENSALEM, Pa.–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Verra Mobility Corporation (\u201cVerra\u201d or the \u201cCompany\u201d) (NASDAQ: VRRM) common stock between February …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19180","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/19180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19180"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/19180\/revisions"}],"predecessor-version":[{"id":19181,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/19180\/revisions\/19181"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}