A lawsuit is pending for investors who lost money with DoubleVerify Holdings, Inc. (NYSE: DV) prior to November 2023. The plaintiff alleges that the defendants failed to disclose information about the company's customers shifting ad spending to closed platforms, limited monetization of Activation Services, and overbilling of customers for ad impressions served to bots. Shareholders who purchased shares of DV should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779-1554.
Investors who purchased shares of DoubleVerify Holdings, Inc. (NYSE: DV) prior to November 2023 and continue to hold these shares are advised to contact the Shareholders Foundation, Inc. A lawsuit is pending against the company, alleging various violations of securities laws.
The lawsuit, filed on May 22, 2025, by an investor in shares of DoubleVerify Holdings, Inc. (NYSE: DV), alleges that the company failed to disclose several critical pieces of information. These include the shift of its customers' ad spending from open exchanges to closed platforms, where the company's technological capabilities were limited. The plaintiff also contends that the company's ability to monetize its Activation Services was hindered by the higher costs and time required for developing technology for closed platforms. Additionally, the lawsuit alleges that the company overbilled customers for ad impressions served to bots and provided misleading risk disclosures. The plaintiff argues that these factors materially impacted the company's profits and misled investors [1].
DoubleVerify Holdings, Inc. reported its second-quarter 2025 earnings on August 5, 2025. The company missed earnings expectations, reporting EPS of $0.05 compared to expectations of $0.06. Despite the earnings miss, the company highlighted strong revenue growth, driven by broad-based expansion across its activation, measurement, and supply-side revenue lines. The company also noted the success of its attach, stack, and scale strategy, which leverages its growing suite of verification and optimization solutions to build deeper customer relationships [2].
Investors who believe they may have been affected by these allegations are encouraged to contact the Shareholders Foundation, Inc. at mail@shareholdersfoundation.com or by calling +1(858) 779-1554. The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement claim filing service that provides information on securities class actions, settlements, judgments, and other legal news related to the stock market.
References:
[1] https://www.prnewswire.com/news-releases/lawsuit-alert-investors-who-lost-money-with-doubleverify-holdings-inc-nyse-dv-should-contact-the-shareholders-foundation-302528713.html
[2] https://www.insidermonkey.com/blog/doubleverify-holdings-inc-nysedv-q2-2025-earnings-call-transcript-1585550/
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