Integral Ad Science (US:IAS) Prnewswireยท2025-02-04 10:45Core Viewpoint - A class action securities lawsuit has been filed against Integral Ad Science Holding Corp. for alleged securities fraud affecting investors between March 2, 2023, and February 27, 2024 [1] Group 1: Allegations of Fraud - The lawsuit claims that Integral Ad Science made false statements regarding its competitive pricing pressures, which led to a need to cut prices due to weakening demand and slowing revenue growth [2] - It is alleged that the company's pricing function was no longer favorable, impacting its ability to sustain pricing and drive price increases [2] - The complaint indicates that pricing had become a critical differentiator necessary for closing major renewals and new deals, and that the risks of increased pricing pressure had materialized [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until March 31, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]