Integral Ad Science (IAS) Prnewswire·2025-02-21 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][2]. Group 1: Allegations and Impact - The lawsuit claims that Integral Ad Science made false statements regarding its pricing strategy, indicating that the company faced increased competitive pricing pressures, leading to price cuts due to weakening demand and slowing revenue growth [2]. - It is alleged that the company's pricing function was no longer favorable, and it could not sustain or increase prices, which became a critical differentiator in closing major renewals and new deals [2]. - The complaint asserts that the risks of increased pricing pressure from competition had materialized, rendering the company's public statements misleading [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, indicating no financial obligation to participate in the lawsuit [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].