Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, announced a class action lawsuit against DoubleVerify Holdings, Inc. Investors who purchased DoubleVerify securities between November 10, 2023, and February 27, 2025, are encouraged to join the lawsuit for potential recovery of damages due to alleged violations of federal securities laws.

The lawsuit alleges that DoubleVerify misled investors by not disclosing significant challenges the company faced. These include shifts in ad spending from open exchanges to closed platforms where DoubleVerify's technological capabilities were limited, increased difficulty and cost in developing technology for closed platforms, and competition challenges related to AI integration.

Additional allegations state that DoubleVerify overbilled customers for ad impressions and provided misleading risk disclosures. As a result, positive statements about the company's business and outlook were allegedly false or misleading.

Investors have until July 21, 2025, to request court appointment as lead plaintiff in the class action. The firm represents clients on a contingency fee basis, indicating no initial cost for investors joining the lawsuit.

Bronstein, Gewirtz & Grossman, LLC, has historically achieved significant recoveries for investors and continues to offer updates on various platforms. This highlights the firm's commitment to addressing securities fraud and protecting investor interests.