Shares of The Trade Desk (TTD -0.65%) were soaring last month as the ad tech leader delivered better-than-expected results in its first-quarter earnings report, redeeming itself after an earlier miss, and benefited from a broader risk-on movement in the market. That included a surge on May 12 when the U.S. and China agreed to lower tariff rates.As a result, The Trade Desk stock finished May up 40%, according to data from S&P Global Market Intelligence.As you can see from the chart below, the stock popped fo ...

Core Viewpoint - The article discusses a class action lawsuit against DoubleVerify Holdings, Inc. due to significant stock price declines following disappointing financial results and allegations regarding the effectiveness of its services [1][5]. Financial Performance - On May 7, 2024, DoubleVerify reported its Q1 2024 financial results, reducing its 2024 revenue guidance due to a pullback in customer advertising spending, resulting in a stock price drop of $11.79, or 38.6%, closing at $18.78 per share on May 8, 2024 [2]. - On February 27, 2025, the company announced lower-than-expected Q4 2024 sales and earnings, with a stock price decline of $7.83, or 36%, closing at $13.90 per share on February 28, 2025 [3]. Allegations and Lawsuit Details - The lawsuit alleges that DoubleVerify made materially false and misleading statements and failed to disclose adverse facts about its business, including: - Customers shifting ad spending to closed platforms where DoubleVerify's capabilities are limited [5]. - High costs and time required for developing technology for closed platforms [5]. - Competitors being better positioned to incorporate AI, impacting DoubleVerify's competitiveness [5]. - Systematic overbilling of customers for ad impressions served to bots [5]. - Misleading risk disclosures that characterized adverse facts as mere possibilities [5]. Class Action Participation - Investors who purchased DoubleVerify securities during the specified class period may file a lead plaintiff motion by July 21, 2025 [6].

Company Overview - Nexxen International Ltd. is a global advertising technology platform specializing in data and advanced TV, offering a flexible and unified technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP) [3][4] - The company is headquartered in Israel and has offices across the United States, Canada, Europe, and Asia-Pacific, and is traded on Nasdaq under the ticker NEXN [4] Share Repurchase Program - In May 2025, Nexxen repurchased 1,260,000 Ordinary Shares at an average price of $11.30 [1] - As of May 31, 2025, the company had 59,483,096 Ordinary Shares outstanding and approximately $24.8 million remaining under its current share repurchase program authorization [2]

Core Viewpoint - The DoubleVerify Holdings, Inc. is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934, with claims of misleading statements and undisclosed risks impacting the company's stock performance during the specified class period [1][3]. Company Allegations - The lawsuit claims that DoubleVerify's customers shifted ad spending from open exchanges to closed platforms, where the company's technological capabilities were limited, affecting its competitive position [3]. - It is alleged 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, which negatively impacted DoubleVerify's profits and competitive edge [3]. - The company is accused of systematically overbilling customers for ad impressions served to bots, and its risk disclosures were misleading, presenting adverse facts as mere possibilities [3]. Stock Performance Impact - Following a lower revenue growth expectation announcement on February 28, 2024, DoubleVerify's stock price fell over 21% [4]. - On May 7, 2024, after cutting its full-year 2024 revenue outlook due to reduced customer ad spending, the stock price dropped nearly 39% [5]. - A report on February 27, 2025, detailing lower-than-expected sales and earnings due to reduced customer spending led to a further stock price decline of more than 36% [6]. Legal Process - Investors who purchased DoubleVerify common stock during the class period can seek appointment as lead plaintiff in the class action lawsuit, representing the interests of all class members [7].

Core Viewpoint - A class action lawsuit has been filed against DoubleVerify Holdings, Inc. for misleading statements and failure to disclose critical information regarding its business operations and competitive position during the Class Period from November 10, 2023, to February 27, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that DoubleVerify's customers shifted ad spending from open exchanges to closed platforms, limiting the company's technological capabilities and competition with platforms like Meta and Amazon [5]. - It is alleged that DoubleVerify's high-margin Activation Services faced significant development costs and time delays, impacting monetization efforts [5]. - The lawsuit states that DoubleVerify's competitors were better positioned to integrate AI into their offerings, adversely affecting DoubleVerify's profitability [5]. Group 2: Investor Information - Investors who purchased DoubleVerify common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To participate in the class action, investors can submit their information through the provided link or contact the law firm directly [3][6]. - A lead plaintiff must be appointed by July 21, 2025, to represent the interests of other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in representing shareholder interests [4].

Core Viewpoint - The DoubleVerify Holdings, Inc. is facing a class action lawsuit alleging 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]. Group 1: Allegations of the Lawsuit - The lawsuit claims that DoubleVerify's customers shifted ad spending from open exchanges to closed platforms, where the company's capabilities were limited [3]. - It is alleged that the monetization of DoubleVerify's Activation Services was hindered by the high costs and time required to develop technology for closed platforms [3]. - The lawsuit states that competitors were better positioned to integrate AI into their offerings, negatively impacting DoubleVerify's competitive edge and profitability [3]. - DoubleVerify is accused of systematically overbilling customers for ad impressions served to bots [3]. - The risk disclosures provided by DoubleVerify were claimed to be materially false and misleading, presenting adverse facts as mere possibilities [3]. Group 2: Impact on Stock Price - Following the announcement of lower revenue growth expectations on February 28, 2024, 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]. - On February 27, 2025, the company reported lower-than-expected sales and earnings, leading to a further decline of more than 36% in stock price [6]. Group 3: Legal Process and Representation - Investors who purchased DoubleVerify common stock during the class period can seek appointment as lead plaintiff in the class action lawsuit [7]. - The lead plaintiff will represent the interests of all class members and can select a law firm of their choice for litigation [7]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8][9].

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, 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, 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, attributed to reduced customer spending and a shift in ad dollars, causing a stock price drop of approximately 36% to close at $13.90 on February 28, 2025 [5]. Industry Concerns - 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].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against DoubleVerify Holdings, Inc. due to allegations of misleading statements and failure to disclose critical information affecting investors [2][4]. Group 1: Allegations Against DoubleVerify - The complaint alleges that DoubleVerify's customers are shifting ad spending from open exchanges to closed platforms, where the company's technological capabilities are limited [4]. - It is claimed that DoubleVerify's ability to monetize its high-margin Activation Services is constrained due to the high costs and time required for technology development for closed platforms [4]. - The complaint states that DoubleVerify's competitors are better positioned to incorporate AI into their offerings, negatively impacting DoubleVerify's competitive edge and profitability [4]. - Allegations include that DoubleVerify systematically overbilled customers for ad impressions served to declared bots, and that risk disclosures were materially false and misleading [4]. Group 2: Impact of Disclosures - The truth about the alleged fraud was revealed through disclosures in February and March 2025, leading to a significant stock price drop of 36% following disappointing earnings [5]. - A report from Adalytics Research in March 2025 claimed that DoubleVerify's services were ineffective, further damaging investor confidence [5]. Group 3: Legal Proceedings - Investors who suffered losses in DoubleVerify are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options for participating in a federal securities class action [1][2]. - The deadline for seeking the role of lead plaintiff in the class action is set for July 21, 2025 [2].

Core Viewpoint - The Trade Desk's stock has declined 47% from its 52-week high, but the company's long-term outlook remains strong, particularly with its integration of AI technology in the advertising market [1][2]. Group 1: Company Performance - In Q1 2025, The Trade Desk reported revenue of $616 million, a 25% year-over-year increase, surpassing Wall Street's estimate of $574 million [8]. - The adjusted earnings per share (EPS) for the same quarter was $0.33, which is 27% higher than the previous year, also exceeding expectations [8]. - For 2025, analysts project a 17% revenue increase and a 6% rise in EPS, with even stronger growth anticipated in 2026 [10][12]. Group 2: Market Position and Strategy - The Trade Desk is leveraging its AI-driven Kokai ecosystem to process over 13 million impressions per second, allowing for optimized ad spending based on real-time consumer behavior [5]. - The company is expanding into new verticals, including retail media, while maintaining a strong position in the high-growth connected TV (CTV) market [6]. - The integration of AI technology is expected to enhance advertising performance metrics, positioning The Trade Desk as a leader in innovative advertising solutions [9]. Group 3: Valuation and Investment Opportunity - The stock's valuation has adjusted to a forward price-to-earnings (P/E) ratio of 42 times its consensus 2025 EPS, significantly lower than the nearly 200 average in 2024 [13]. - The valuation is projected to improve further into 2026, with a one-year forward P/E ratio expected to drop to 35 [13]. - The company's solid balance sheet, with $1.7 billion in cash and no financial debt, supports its growth potential and positions it favorably for investors [11].

Core Viewpoint - Nexxen International Ltd. has successfully amended its revolving credit facility, reducing the committed facility size and extending the maturity date, which enhances its liquidity for business operations and strategic investments [1][2]. Company Overview - Nexxen is a global advertising technology platform specializing in data and advanced TV, offering a flexible technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP) [3]. - The company is headquartered in Israel and has offices across the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on Nasdaq under the ticker NEXN [4]. Financial Update - The committed facility size of Nexxen's revolving credit facility has been reduced from $90 million to $50 million, with the maturity extended to September 2027 [2]. - The company's strong cash position, combined with the updated credit facility, provides sufficient liquidity to support ongoing business needs and future strategic initiatives [2].