DoubleVerify Holdings Sued for Securities Law Violations; Investors Must Act by July 21, 2025 to Discuss Rights.

DoubleVerify Holdings, Inc. is facing a class action lawsuit alleging securities fraud between November 2023 and February 2025. Investors who suffered losses may be eligible for compensation without payment of out-of-pocket costs or fees. The lawsuit alleges that the company made false statements about its business, operations, and prospects, and concealed information about customer ad spending and the company's ability to monetize its Activation Services. Investors have until July 21, 2025, to request appointment as lead plaintiff.

DoubleVerify Holdings, Inc. (DV), a leading digital advertising technology company, is facing a class action lawsuit alleging securities fraud. The lawsuit, filed by investors who purchased shares of DV between November 10, 2023, and February 27, 2025, claims that the company made false statements and concealed material information about its business, operations, and prospects.

The complaint alleges that DV made materially false and misleading statements and failed to disclose several key issues, including:
- A shift in customer ad spending from open exchanges to closed platforms, where DV's technological capabilities were limited and competed directly with native tools provided by platforms like Meta Platforms and Amazon.
- Limited ability to monetize its Activation Services due to the high cost and time required to develop technology for closed platforms.
- Delays in monetizing Activation Services in connection with certain closed platforms, which would take several years.
- Competitive disadvantage due to competitors better positioned to incorporate AI into their offerings on closed platforms, adversely impacting DV's profits.
- Systematic overbilling of customers for ad impressions served to declared bots operating out of known data center server farms.
- Materially false and misleading risk disclosures that characterized adverse facts as mere possibilities.

Investors who suffered losses during the relevant time frame have until July 21, 2025, to request appointment as lead plaintiff. There is no cost or obligation to participate, and compensation may be available without payment of out-of-pocket costs or fees.

Two law firms, Levi & Korsinsky, LLP and The Gross Law Firm, are representing investors in this class action lawsuit. Both firms have extensive experience in securities litigation and have secured significant recoveries for aggrieved shareholders in the past.

References:
[1] https://www.globenewswire.com/news-release/2025/07/03/3110104/3080/en/DoubleVerify-Holdings-Inc-Securities-Fraud-Class-Action-Lawsuit-Pending-Contact-Levi-Korsinsky-Before-July-21-2025-to-Discuss-Your-Rights-DV.html
[2] https://www.tradingview.com/news/reuters.com,2025-07-07:newsml_GNX6K4lG1:0-shareholders-of-doubleverify-holdings-inc-should-contact-the-gross-law-firm-before-july-21-2025-to-discuss-your-rights-dv/
[3] https://www.globenewswire.com/news-release/2025/07/07/3111336/0/en/Shareholders-of-DoubleVerify-Holdings-Inc-Should-Contact-The-Gross-Law-Firm-Before-July-21-2025-to-Discuss-Your-Rights-DV.html