Integral Ad Science (IAS) Prnewswire·2025-02-25 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 concealed a new trend of 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, impacting its ability to sustain pricing and drive price increases [2] - The complaint states that pricing had become a key differentiator necessary for closing major renewals and new deals, which was not disclosed [2] - The risks associated with competition leading to increased pricing pressure were realized, contradicting the company's public statements [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 this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating no financial 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 U.S. for seven consecutive years [4]