Integral Ad Science (US:IAS) Prnewswire·2025-02-10 10:45Core Viewpoint - The Gross Law Firm is notifying shareholders of Integral Ad Science Holding Corp. (NASDAQ: IAS) about a class action lawsuit due to allegations of misleading statements and competitive pricing pressures affecting the company's performance [1][2]. Group 1: Allegations and Class Period - The class period for the allegations is from March 2, 2023, to February 27, 2024 [2]. - Allegations include that IAS faced increased competitive pricing pressures, leading to price cuts due to weakening demand and slowing revenue growth [2]. - It is claimed that IAS's pricing function was no longer favorable, impacting its ability to sustain pricing and drive increases [2]. - The complaint states that pricing had become a key differentiator necessary for closing major renewals and new deals [2]. - The risks of increased pricing pressure from competition were realized, making IAS's public statements materially false and misleading [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by March 31, 2025, to participate in potential recovery [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [3]. - There is no cost or obligation for shareholders to participate in the case [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors affected by deceit, fraud, and illegal business practices [4]. - The firm is committed to ensuring companies adhere to responsible business practices and good corporate citizenship [4]. - The firm seeks recovery for investors who suffered losses due to false or misleading statements that inflated the company's stock [4].