Kaplan Fox Reminds Verra Mobility (VRRM) Investors Seeking Recovery of the Lead Plaintiff Deadline on August 4, 2026

Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Verra Mobility Corporation ("Verra Mobility" or the "Company") (NASDAQ: VRRM) on behalf of investors that purchased or otherwise acquired Verra Mobility common stock between February 24, 2026 and May 26, 2026 (the "Class Period").

On May 26, 2026, Verra Mobility issued a press release disclosing that the Company had received a termination notice from Avis Budget Group regarding its contract, which becomes effective in September 2026. Verra Mobility further disclosed that it "expects the termination to reduce Commercial Services' 2026 annualized revenue by approximately $135 million to $145 million and 2026 annualized segment profit by approximately $120 million to $125 million, before taking into account expected cost reduction initiatives." Verra also lowered its full year 2026 financial outlook. Following this news, Verra Mobility's stock price fell $9.23 per share, or 70.6%, to close at $3.85 per share on May 27, 2026.

The complaint alleges that throughout the Class Period, Defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra Mobility's relationship with Avis Budget Group.