One thing that I was told was to put into a zipped plastic bag and into the freezer for a good CHILL - for some reason this does work, and makes a problem thread work better. I have not had to try it, but give it a try.
before you get rid of it did you slow the machine down? also are you using the right needle for verigated. either and both of these can make the thread break. I personally have not used verigated thread but have read a lot of post on it and it was always the answers that people got.
Oh my goodness, don't throw all that thread. Cut at least some of it in pieces a few inches long and you can lay a bunch of these between 2 pieces of tulle and use a light design with a satin stitch outline that encloses the threads - like maybe a heart. It is a pretty effect. I save all my threads that I cut :-) There are some designs for this.
I have read that some people say if you put bad thread inside a sealed bag with a wet piece of paper towel and then keep in freezer or fridge for a few days, it will improve. Don't know if the moisture really helps enough though - I am just passing on what I read :-)
If the thread is just bad you might have to throw it away. Have you tried regular sewing with it? Maybe on a different machine it might not break as much.
Meri
Well probably not quite the thing to do but I gave away 8 reels of thread today that dont agree with my machine.