Grabar Law Office Investigates Claims on Behalf of Shareholders of Verra Mobility Corporation (VRRM)

June 10, 2026 8:33 AM EDT | Source: Grabar Law Office

Philadelphia, Pennsylvania--(Newsfile Corp. - June 10, 2026) - WHAT IS HAPPENING? Grabar Law Office is investigating claims on behalf of shareholders of Verra Mobility Corporation (NASDAQ: VRRM). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.

If you purchased Verra Mobility (NASDAQ: VRRM), shares prior to February 24, 2026, and still hold shares today, you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Please visit https://grabarlaw.com/the-latest/verra-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085 to learn more. Alternatively, if you purchased Verra Mobility shares between February 24, 2026 and May 26, 2026, you can participate in the class action.

WHY? As alleged in a recently filed federal securities fraud class action complaint, Verra Mobility Corporation (NASDAQ: VRRM), through certain of its executives, violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (i) defendants created the false impression that they possessed reliable information pertaining to Verra Mobility's projected revenue outlook and anticipated growth of its commercial services segment, assurances of contract renewals with major rent-a-car customers, growth in its rental car tolling business and repeatedly affirmed Verra Mobility's 2026 full year guidance; (ii) Verra Mobility's optimistic plan for continued growth in its commercial services business was dependent on its relationship with Avis Budget Group, and in particular obtaining a contract extension with Avis Budget Group; and (iii) Verra Mobility minimized concerns that major rent-a-car customers could replace Verra Mobility with in-house solutions or outsourced alternatives, making Verra Mobility's 2026 full year guidance increasingly unlikely to be met.

On May 26, 2026, Verra Mobility allegedly issued a press release announcing that it had received a termination notice from Avis Budget Group regarding its contract, effective September 2026, and that Verra Mobility's management lowered its full year 2026 financial outlook as a result. On this news, the price of Verra Mobility stock declined approximately 71%.

WHAT CAN YOU DO NOW? If you purchased Verra Mobility (NASDAQ: VRRM), shares prior to February 24, 2026, and still hold shares today, you are encouraged to visit https://grabarlaw.com/the-latest/verra-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Alternatively, if you purchased Verra Mobility shares between February 24, 2026 and May 26, 2026, you can participate in the class action.

$VRRM #VRRM #Verra #VerraMobility

Attorney Advertising Disclaimer

Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: jgrabar@grabarlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300869

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Source: Grabar Law Office

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