Integral Ad Science (US:IAS) Prnewswireยท2025-02-06 10:45Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Integral Ad Science Holding Corp. regarding a class action lawsuit due to allegations of misleading statements and undisclosed competitive pressures affecting the company's pricing strategy and revenue growth [1]. Group 1: Allegations - The complaint alleges that during the class period from March 2, 2023, to February 27, 2024, IAS faced increased competitive pricing pressures, leading to necessary price cuts to address weakening demand and slowing revenue growth [1]. - It is claimed that IAS's pricing function was no longer favorable, and the company could not sustain its pricing or implement price increases [1]. - The allegations include that pricing had become a critical differentiator between IAS and its competitors, essential for closing major renewals and new deals [1]. - The risks associated with competition leading to increased pricing pressure had materialized, contradicting IAS's public statements [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares of IAS during the specified class period are encouraged to register for the class action by March 31, 2025, to potentially become lead plaintiffs [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case's progress [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].