PR Newswire
SAN DIEGO
, Aug. 13, 2025 /PRNewswire/ — Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares of DoubleVerify Holdings, Inc. (NYSE: DV).
Investors who purchased shares of DoubleVerify Holdings, Inc. (NYSE: DV) prior to November 2023 and continue to hold any of those NYSE: DV shares also have certain options and contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
On May 22, 2025, an investor in shares of DoubleVerify Holdings, Inc. (NYSE: DV) filed a lawsuit against DoubleVerify Holdings, Inc. over alleged violations of securities laws. The plaintiff alleged that the defendants failed to disclose that DoubleVerify’s customers were shifting their ad spending from open exchanges to closed platforms, where the Company’s technological capabilities were limited and competed directly with native tools provided by platforms like Meta Platforms and Amazo, that DoubleVerify’s ability to monetize on Activation Services, the Company’s high-margin advertising optimization services segment, was limited because the development of its technology for closed platforms was significantly more expensive and time-consuming than disclosed to investors, that DoubleVerify’s Activation Services in connection with certain closed platforms would take several years to monetize, that DoubleVerify’s competitors were better positioned to incorporate AI into their offerings on closed platforms, which impaired DoubleVerify’s ability to compete effectively and adversely impacted the Company’s profits, that DoubleVerify systematically overbilled its customers for ad impressions served to declared bots operating out of known data center server farms, that DoubleVerify’s risk disclosures were materially false and misleading because they characterized adverse facts that had already materialized as mere possibilities, and that as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially false and/or misleading or lacked a reasonable basis.
Those who purchased shares of DoubleVerify Holdings, Inc. (NYSE: DV) should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
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SOURCE Shareholders Foundation, Inc.
