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DoubleVerify investors with losses over $75,000 can contact Josh Wilson.
ByAinvest
Tuesday, Jul 8, 2025 10:52 am ET1min read
Faruqi & Faruqi, a national securities law firm, is investigating DoubleVerify Holdings for potential securities fraud. The firm encourages investors who suffered losses exceeding $75,000 between November 2023 and February 2025 to contact Josh Wilson directly at 877-247-4292 or 212-983-9330. A federal securities class action has been filed against DoubleVerify, and the deadline to seek lead plaintiff is July 21, 2025.
Investors in DoubleVerify Holdings, Inc. (NYSE: DV) are urged to take action as a federal securities class action lawsuit is pending against the company. The lawsuit alleges that DoubleVerify made false and misleading statements and failed to disclose material facts between November 10, 2023, and February 27, 2025. The deadline to seek lead plaintiff status is July 21, 2025.The lawsuit, filed by the Law Offices of Frank R. Cruz, alleges that DoubleVerify failed to disclose several critical issues, including the shift of 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 Amazon. Additionally, it is alleged that DoubleVerify overbilled customers for ad impressions served to known bots operating out of data center server farms [1].
The complaint also alleges that DoubleVerify's risk disclosures were materially false and misleading, as they characterized adverse facts that had already materialized as mere possibilities. As a result, the company's positive statements about its business, operations, and prospects were materially misleading or lacked a reasonable basis [1].
Investors who suffered losses exceeding $75,000 during this period are encouraged to contact Josh Wilson directly at 877-212-983-9330 or 212-983-9330. A federal securities class action has been filed against DoubleVerify, and the deadline to seek lead plaintiff is July 21, 2025 [3].
References:
[1] https://www.marketscreener.com/quote/stock/DOUBLEVERIFY-HOLDINGS-INC-121662824/news/DoubleVerify-Holdings-Inc-DV-Investors-Who-Lost-Money-Have-Opportunity-to-Lead-Securities-Fraud-50449375/
[2] https://www.globenewswire.com/news-release/2025/07/07/3111395/0/en/DoubleVerify-Holdings-Inc-Investors-Please-contact-the-Portnoy-Law-Firm-to-recover-your-losses-July-21-2025-Deadline-to-file-Lead-Plaintiff-Motion.html
[3] 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
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