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ROSEN, HIGHLY REGARDED INVESTOR COUNSEL, Encourages DoubleVerify Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DV
GlobeNewswire News Room· 2025-06-10 03:04
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of DoubleVerify Holdings, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought DoubleVerify common stock between November 10, 2023, and February 27, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by July 21, 2025 [3]. Group 2: Reasons for the Lawsuit - The lawsuit alleges that DoubleVerify made false and misleading statements regarding its business operations, including the shift of customers' ad spending to closed platforms where DoubleVerify's capabilities were limited [5]. - It is claimed that the company overbilled customers for ad impressions served to declared bots and that its risk disclosures were materially false and misleading [5]. - The lawsuit asserts that the defendants' positive statements about DoubleVerify's business lacked a reasonable basis, leading to investor damages when the true details emerged [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].
Investors who lost money on DoubleVerify Holdings, Inc. (DV) should contact The Gross Law Firm about pending Class Action - DV
GlobeNewswire News Room· 2025-06-09 17:32
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of DoubleVerify Holdings, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during the class period from November 10, 2023, to February 27, 2025 [1][3]. Allegations - The complaint alleges that DoubleVerify's customers shifted ad spending from open exchanges to closed platforms, where the company's technological capabilities were limited, impacting its competitive position against platforms like Meta and Amazon [3]. - It is claimed that DoubleVerify's ability to monetize its Activation Services was constrained due to the high costs and time required for technology development for closed platforms, which were not adequately disclosed to investors [3]. - The lawsuit states that monetization of DoubleVerify's Activation Services on certain closed platforms would take several years, contrary to what was communicated to shareholders [3]. - Competitors of DoubleVerify were reportedly better positioned to integrate AI into their offerings on closed platforms, negatively affecting DoubleVerify's competitiveness and profitability [3]. - The company allegedly overbilled customers for ad impressions served to bots operating from known data centers, raising concerns about its billing practices [3]. - The risk disclosures provided by DoubleVerify were claimed to be materially false and misleading, as they downplayed adverse facts that had already occurred [3]. - As a result of these issues, the positive statements made by the defendants regarding the company's business and prospects were deemed materially false or misleading [3]. Next Steps for Shareholders - Shareholders who purchased shares of DoubleVerify during the specified class period are encouraged to register for the class action by July 21, 2025, to potentially become lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [4].
INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that DoubleVerify Holdings, Inc. (DV) Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
GlobeNewswire News Room· 2025-06-09 13:30
Core Viewpoint - The article discusses a class action lawsuit against DoubleVerify Holdings, Inc. for alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and failure to disclose critical business challenges during the class period from November 10, 2023, to February 27, 2025 [1][3]. Company Allegations - The lawsuit alleges that DoubleVerify's customers shifted ad spending from open exchanges to closed platforms, where DoubleVerify's capabilities were limited, impacting its competitive position [3]. - It is claimed that the development of technology for closed platforms was more expensive and time-consuming than disclosed, limiting DoubleVerify's ability to monetize its Activation Services [3]. - Competitors were reportedly better positioned to incorporate AI into their offerings, adversely affecting DoubleVerify's profits [3]. - The company allegedly overbilled customers for ad impressions served to declared bots, and its risk disclosures were misleading [3]. Financial Impact - On February 28, 2024, DoubleVerify issued lower revenue growth expectations for Q1 2024, leading to a stock price drop of over 21% [4]. - On May 7, 2024, the company cut its full-year 2024 revenue outlook due to reduced ad spending, resulting in a nearly 39% decline in stock price [5]. - On February 27, 2025, DoubleVerify reported lower-than-expected Q4 2024 sales and earnings, with a stock price drop of more than 36% following the announcement [6]. Legal Process - Investors who purchased DoubleVerify common stock during the class period can seek appointment as lead plaintiff in the lawsuit, representing the interests of the class [7]. - The lead plaintiff can select a law firm to litigate the case, and participation as lead plaintiff does not affect the ability to share in any potential recovery [7]. About the Law Firm - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [8]. - The firm has a strong track record, being ranked 1 in securing monetary relief for investors in securities class action cases [8].
Equativ 和 Sharethrough 今后将以 Equativ 品牌运营,巩固其全球领先端到端媒体平台地位
Globenewswire· 2025-06-09 12:33
Core Insights - Equativ has successfully integrated Sharethrough, doubling its scale within three years and enhancing its global reach, particularly in North America [1][2] - The merger has established Equativ as a leading independent media platform, trusted by thousands of brands and major advertising agencies [2][3] - The newly unified Equativ aims to provide a comprehensive media platform, Maestro by Equativ, which integrates planning, promotion, and optimization into a single solution [2][3] Company Developments - The integration of Sharethrough marks the culmination of a year-long process following Equativ's acquisition in June 2024 [1] - Equativ has formed strategic partnerships with key players like Deutsche Telekom and Titan OS, and acquired Kamino Retail, reinforcing its commitment to innovation and global impact [2] - The company emphasizes a user-centric approach, aiming to simplify the advertising technology stack while delivering quality media and performance [2][4] Industry Impact - The merger is seen as a critical step in enhancing sustainability, transparency, and creativity in advertising, addressing the fragmented ad tech landscape [3] - Industry leaders express optimism about the combined entity's potential to influence the future of programmatic media and deliver sustainable results [3] - Equativ's platform is designed to meet the evolving needs of advertisers and agencies, providing clarity and efficiency in execution [3][4]
DV INVESTOR DEADLINE: DoubleVerify Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-06-07 15:00
Core Viewpoint - The article discusses a class action lawsuit against DoubleVerify Holdings, Inc. for alleged violations of the Securities Exchange Act of 1934, with a focus on misleading statements and the impact on the company's stock price during the class period from November 10, 2023, to February 27, 2025 [1][3]. Company Allegations - The lawsuit alleges that DoubleVerify misled investors by failing to disclose that customers were shifting ad spending from open exchanges to closed platforms, where DoubleVerify's capabilities were limited [3]. - It is claimed that the development of technology for closed platforms was more expensive and time-consuming than disclosed, affecting the monetization of DoubleVerify's Activation Services [3]. - The lawsuit states that competitors were better positioned to incorporate AI into their offerings, impairing DoubleVerify's competitive edge and profits [3]. - Allegations include systematic overbilling of customers for ad impressions served to declared bots [3]. - The risk disclosures provided by DoubleVerify were characterized as materially false and misleading [3]. Stock Price Impact - Following a February 28, 2024 announcement of lower revenue growth expectations, DoubleVerify's stock price fell over 21% [4]. - On May 7, 2024, after cutting its full-year 2024 revenue outlook, the stock price dropped nearly 39% [5]. - A February 27, 2025 report of lower-than-expected fourth quarter 2024 sales and earnings led to a more than 36% decline in stock price [6]. Legal Process - Investors who purchased DoubleVerify common stock during the class period can seek appointment as lead plaintiff in the lawsuit, representing the interests of the class [7].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in DoubleVerify Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines - DV
Prnewswire· 2025-06-07 14:00
Core Viewpoint - A class action lawsuit has been filed against DoubleVerify Holdings, Inc. for alleged securities fraud and unlawful business practices [2][3]. Company Performance - On February 28, 2024, DoubleVerify lowered its revenue growth expectations for Q1 2024, leading to a stock price drop of $8.35 per share, or 21.3%, closing at $30.89 on February 29, 2024 [3]. - On May 7, 2024, the company cut its full-year 2024 revenue outlook due to reduced ad spending from customers, resulting in a stock price decline of $11.79 per share, or 38.6%, closing at $18.78 on May 8, 2024 [4]. - On February 27, 2025, DoubleVerify reported lower-than-expected Q4 2024 sales and earnings, with a stock price drop of approximately 36%, closing at $13.90 on February 28, 2025 [5]. Market Research Findings - On March 28, 2025, Adalytics Research, LLC released a report claiming that DoubleVerify's advertisement verification services are ineffective, stating that customers are billed for ad impressions served to bots [6]. - The Wall Street Journal reported that DoubleVerify frequently fails to detect nonhuman traffic, contradicting the company's claims of helping brands avoid serving ads to bot accounts [6].
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of DoubleVerify
GlobeNewswire News Room· 2025-06-06 14:14
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against DoubleVerify Holdings, Inc. due to allegations of violations of federal securities laws, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by July 21, 2025 [3][5]. Group 1: Allegations Against DoubleVerify - The complaint alleges that DoubleVerify misled investors by failing to disclose that customers were shifting ad spending to closed platforms, where the company's capabilities were limited [5]. - It is claimed that the development of technology for closed platforms was more expensive and time-consuming than disclosed, impacting the monetization of DoubleVerify's high-margin Activation Services [5]. - Competitors were reportedly better positioned to incorporate AI into their offerings, adversely affecting DoubleVerify's competitive stance and profitability [5]. - The company allegedly overbilled customers for ad impressions served to declared bots, and its risk disclosures were misleading, characterizing known adverse facts as mere possibilities [5]. Group 2: Impact of Disclosures - The truth about the alleged fraud was revealed through disclosures in February and March 2025, leading to a 36% drop in DoubleVerify's stock price following disappointing earnings and the suspension of services by a major customer [6]. - A report from Adalytics Research in March 2025 claimed that DoubleVerify's services were ineffective, further damaging investor confidence [6]. Group 3: Legal Proceedings - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, and any member can move to serve as lead plaintiff or remain an absent class member [7]. - Faruqi & Faruqi encourages anyone with information regarding DoubleVerify's conduct to come forward, including whistleblowers and former employees [8].
Contact Levi & Korsinsky by July 21, 2025 Deadline to Join Class Action Against DoubleVerify Holdings, Inc.(DV)
Prnewswire· 2025-06-06 09:45
Core Viewpoint - A class action securities lawsuit has been filed against DoubleVerify Holdings, Inc. alleging securities fraud affecting investors between November 10, 2023, and February 27, 2025 [1] Group 1: Allegations of the Lawsuit - The lawsuit claims that DoubleVerify's customers are shifting ad spending from open exchanges to closed platforms, where the company's technological capabilities are limited [2] - It is alleged that the development of DoubleVerify's technology for closed platforms is significantly more expensive and time-consuming than disclosed to investors [2] - The complaint states that DoubleVerify's Activation Services related to certain closed platforms would take several years to monetize [2] - Competitors are reportedly better positioned to incorporate AI into their offerings on closed platforms, negatively impacting DoubleVerify's competitive edge and profits [2] - The company is accused of systematically overbilling customers for ad impressions served to declared bots operating from known data center server farms [2] - The risk disclosures provided by DoubleVerify are claimed to be materially false and misleading, characterizing adverse facts as mere possibilities [2] - As a result of these issues, the lawsuit asserts that the defendants' positive statements about the company's business and prospects were materially false or misleading [2] Group 2: Next Steps for Investors - Investors who suffered losses in DoubleVerify Holdings, Inc. during the relevant time frame have until July 21, 2025, to request to be appointed as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4]
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages DoubleVerify Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DV
GlobeNewswire News Room· 2025-06-06 00:13
NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of DoubleVerify Holdings, Inc. (NYSE: DV) between November 10, 2023 and February 27, 2025, both dates inclusive (the “Class Period”), of the important July 21, 2025 lead plaintiff deadline. SO WHAT: If you purchased DoubleVerify common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency f ...
Zeta Global (ZETA) 2025 Conference Transcript
2025-06-05 19:20
Summary of Zeta Global Conference Call Company Overview - **Zeta Global** is a marketing technology company focused on helping mid-market to large enterprises acquire, grow, and retain customers, primarily in consumer-facing sectors [3][4][6]. Core Business Model - Zeta Global emphasizes **identity-based marketing** on the open web, differentiating itself from traditional platforms like Facebook and Google, which operate within closed ecosystems [5][6]. - The company claims to reach about **90% of the US adult population** monthly, allowing it to synthesize consumer intent and identity effectively [6][7]. Market Demand and Performance - Despite concerns about unstable macroeconomic conditions, Zeta Global reports strong demand, with **April being one of their strongest months** and the signing of three of their largest contracts in history within the last 90 days [11][12]. - Consumer behavior remains stable, with demand in sectors like retail reportedly increasing [11][14]. Data Assets and Compliance - Zeta Global operates two major data networks: **Disqus**, a commenting platform, and **LiveIntent**, an ad exchange for publishers [22][23]. - The company emphasizes compliance with regulations, particularly in highly regulated industries like banking and telecom, and has taken steps to improve transparency with investors [20][21]. Data Strategy - Zeta Global's data strategy includes a **mature identity graph** representing approximately **200 to 245 million individuals** in the US, which is crucial for understanding consumer behavior [25][26]. - The company plans to expand its data assets and geographic reach, particularly in Western Europe and Latin America [31][32]. AI and Technology Integration - Zeta Global is leveraging **AI** to enhance marketing automation and customer engagement, with tools like **Compass** designed to reduce onboarding time significantly [52][54]. - The company has introduced the **Answers Framework**, which integrates intelligence and action, making it easier for marketers to interpret data and take action [56][58]. Competitive Landscape - Zeta Global believes that traditional marketing clouds have lost focus, allowing them to grow faster than competitors like Salesforce, which reported only **4% growth** in their marketing cloud [69]. - The company asserts that replicating their data asset and operational model is challenging due to the scale and integration required [71][73]. Future Focus - Zeta Global's key investment priority is to enhance **outcomes** for customers through generative capabilities that improve ROI, rather than solely differentiating on the data side [74]. Conclusion - Zeta Global is positioned as a leader in the marketing technology space, leveraging a unique data strategy and AI capabilities to drive customer acquisition, growth, and retention while navigating a complex macroeconomic environment.