Faruqi & Faruqi Investigating DoubleVerify Securities Class Action Lawsuit.

Faruqi & Faruqi LLP is investigating potential claims against DoubleVerify Holdings, Inc. and reminds investors of the July 21, 2025 deadline to seek the role of lead plaintiff in a federal securities class action. The law firm encourages investors who suffered losses to contact James (Josh) Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

NEW YORK, July 2, 2025 — Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against DoubleVerify Holdings, Inc. (NYSE: DV) and reminds investors of the July 21, 2025 deadline to seek the role of lead plaintiff in a federal securities class action. The law firm encourages investors who suffered losses to contact James (Josh) Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

The class action lawsuit alleges that DoubleVerify Holdings, Inc. and its executives violated federal securities laws by disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of the company's business. The complaint alleges that the defendants made false statements and/or concealed that:

1. 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 Amazon.
2. DoubleVerify's ability to monetize on its Activation Services was limited because the development of its technology for closed platforms was significantly more expensive and time-consuming than disclosed to investors.
3. DoubleVerify's Activation Services in connection with certain closed platforms would take several years to monetize.
4. 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.
5. DoubleVerify systematically overbilled its customers for ad impressions served to declared bots operating out of known data center server farms.
6. DoubleVerify's risk disclosures were materially false and misleading because they characterized adverse facts that had already materialized as mere possibilities.
7. 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.

Investors who purchased or otherwise acquired DoubleVerify securities between November 10, 2023 and February 27, 2025 are encouraged to join this case by visiting the firm's site or contacting Josh Wilson directly. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

There is no cost to investors to participate in the lawsuit. Faruqi & Faruqi, LLP will ask the court to reimburse them for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if they are successful.

References:
[1] https://www.morningstar.com/news/globe-newswire/9493331/lost-money-on-doubleverify-holdings-incdv-join-class-action-suit-seeking-recovery-contact-levi-korsinsky
[2] https://www.globenewswire.com/news-release/2025/07/10/3113642/9788/en/DV-INVESTOR-ALERT-Bronstein-Gewirtz-Grossman-LLC-Announces-that-DoubleVerify-Holdings-Inc-Investors-with-Substantial-Losses-Have-Opportunity-to-Lead-Class-Action-Lawsuit.html
[3] https://www.prnewswire.com/news-releases/faruqi--faruqi-reminds-vestis-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-august-8-2025---vsts-302505185.html