Core Viewpoint - BNP Paribas is adapting its governance structure to enhance its integrated model and cross-functionality among its businesses in preparation for its future strategic plan, aiming to capitalize on opportunities in the Savings and Investment Union and technological advancements, particularly in artificial intelligence [2][11]. Group Structure and Leadership Changes - The Commercial, Personal Banking & Services (CPBS) division is establishing a new unit that will encompass its Commercial & Personal Banking operations across the euro zone, including key markets in France, Italy, Belgium, and Luxembourg [3][5]. - Yannick Jung has been appointed to lead this new unit and will serve as Deputy Chief Operating Officer, reporting to Thierry Laborde, the Group Chief Operating Officer in charge of CPBS [4][6]. - The Corporate & Institutional Banking (CIB) division will now have an Executive Chairman and a Chief Executive Officer, with Yann Gérardin taking on the role of Executive Chairman and Olivier Osty becoming the Chief Executive Officer of CIB [6][7]. Business Strategy and Market Position - The CIB division has successfully doubled its revenues over the past decade, establishing itself as the leading European CIB, serving large global institutional and corporate clients [8]. - The Investment & Protection Services (IPS) division is set to enhance its development following the acquisition of AXA IM, positioning itself as a leader in long-term savings management and wealth management in Europe [9][10]. Financial Goals and Future Outlook - IPS aims to increase its contribution to the Group's pre-tax income to over 20%, reflecting a targeted growth strategy [10]. - The changes and appointments are designed to prepare BNP Paribas for the next growth phase, focusing on market share growth in CIB and strengthening the cross-functionality of its commercial banks in the eurozone [11].

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].

Core Viewpoint - A class action lawsuit has been filed against DoubleVerify Holdings, Inc. for alleged securities fraud and unlawful business practices, with investors encouraged to join the lawsuit by July 21, 2025 [1][2]. Financial 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 [4]. - 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 [5]. - 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 [6]. Market Concerns - A report by Adalytics Research on March 28, 2025, claimed that DoubleVerify's advertisement verification services are ineffective, stating that customers are billed for ad impressions served to bots, which contradicts the company's claims [7].

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].

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 monetization of DoubleVerify's high-margin Activation Services was hindered by the expensive and time-consuming development of technology for closed platforms [5]. - The complaint states that DoubleVerify's competitors were better positioned to incorporate AI into their offerings, negatively impacting the company's competitive edge and profits [5]. - Allegations include systematic overbilling of customers for ad impressions served to declared bots, which undermined the integrity of DoubleVerify's services [5]. - The company's risk disclosures were characterized as materially false and misleading, presenting 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 significant stock price drop of 36% 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 lawsuit will be the investor with the largest financial interest who is also typical of class members, overseeing the litigation on behalf of the class [7]. - Any member of the putative class can move to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [7].

NEW YORK, June 7, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against DoubleVerify Holdings, Inc. ("DoubleVerify" or the "Company")(NYSE: DV). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether DoubleVerify and certain of ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In DoubleVerify To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in DoubleVerify between November 10, 2023 and February 27, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, June 06, 2025 (GLOBE NEWSWI ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In DoubleVerify To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $75,000 in DoubleVerify between November 10, 2023 and February 27, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, June 4, 2025 ...

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].

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].