Essential Information for Shareholders of DoubleVerify Holdings

Important Notice for Shareholders of DoubleVerify Holdings
As a valued shareholder of DoubleVerify Holdings, Inc. (NYSE: DV), it's critical to understand your rights and potential actions you can take regarding the recent developments surrounding the company. Whether you acquired your shares during the defined class period or are just looking to engage in the process, this notice includes vital information pertaining to deadlines and actions that can be undertaken.
Class Period and Shareholder Rights
If you purchased shares of DV between November 10, 2023, and February 27, 2025, you are invited to connect with the relevant legal team to discuss potential appointments as lead plaintiffs. While seeking this role isn't mandatory for you to pursue any recovery, it is an opportunity for those especially impacted by recent events.
Understanding the Allegations
The allegations lodged against DoubleVerify suggest several misleading statements and undisclosed facts during this class period. Affiliates have claimed that the company's performance was distorted largely due to the following:
- Customers shifted ad spending away from open exchanges to closed platforms, affecting DoubleVerify's revenue.
- The difficulty and expense of developing technology for these closed platforms were not adequately communicated.
- Competitors were allegedly positioned better to utilize AI technologies on closed platforms, which hampered DoubleVerify's competitive edge, thus harming profitability.
- Concerns have been raised about former practices of overbilling clients for services related to ad impressions associated with bots.
- Disclosures provided by DoubleVerify were claimed to misrepresent the reality of risks impacting business operations, falsely downplaying already realized adverse facts.
Such omissions and misrepresentations have led to severe consequences not only for shareholders but also for the integrity of the company's communications.
Registration Deadline for Class Action
A crucial deadline has been established: July 21, 2025. Shareholders are strongly encouraged to register as part of this class action suit. Timely registration enables you to obtain updates and monitoring related to the ongoing case. Notably, participating in this action does not come with any costs or obligations.
Next Steps for DV Shareholders
By registering your involvement as a shareholder within the specified timeframe, you will gain access to portfolio monitoring tools that offer status updates throughout the process. This proactive measure keeps you informed about developments, ensuring you stay engaged during the lifecycle of the case.
Why Choose The Gross Law Firm?
The Gross Law Firm has established itself as a leading player nationwide in class action litigation, dedicated to protecting investor rights against fraud and deceitful business operations. Their commitment extends towards ensuring transparency and responsible conduct amongst corporations. By participating in this action, you are engaging with a firm that prioritizes the interest of investors who have suffered due to misleading practices.
Contact Information
If you have any inquiries or require more information, you may reach out to The Gross Law Firm located at:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Phone: (646) 453-8903
Frequently Asked Questions
What is the class period for the DoubleVerify Holdings case?
The class period is from November 10, 2023, to February 27, 2025.
What steps should I take as a shareholder?
Shareholders should register for the class action before the July 21, 2025 deadline to ensure their rights are protected.
Who can be a lead plaintiff?
Any shareholder who purchased shares during the class period can seek to be a lead plaintiff, although it is not required for participation in the recovery.
What allegations are against DoubleVerify Holdings?
The allegations include misleading statements and failure to disclose significant operational challenges affecting the company’s performance.
Why is engaging with legal counsel important?
Engaging with legal counsel helps you stay informed and ensures that your rights as an investor are adequately represented throughout the legal process.
About The Author
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