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SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against DoubleVerify Holdings, Inc. (NYSE: DV)
DoubleVerifyDoubleVerify(US:DV) GlobeNewswire News Roomยท2025-06-19 12:15

Core Viewpoint - A class action lawsuit has been filed against DoubleVerify Holdings, Inc. for alleged violations of the Securities Exchange Act of 1934, concerning misrepresentations about the effectiveness of its services and billing practices [1][3]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Southern District of New York on behalf of investors who purchased DoubleVerify common stock between November 10, 2023, and February 27, 2025 [1]. - The complaint alleges that the defendants made false statements regarding the company's web advertisement verification and fraud protection services [3]. Group 2: Legal Process - Investors wishing to serve as lead plaintiffs must file necessary documents by July 21, 2025, although participation as a lead plaintiff is not required to share in any potential recovery [4]. - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses unless there is a recovery [4]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented large public and private pension funds [5]. - The firm has been recognized multiple times for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years [5].