On February 7, 2025, Lowey Dannenberg P.C. announced it has filed a class-action lawsuit against Integral Ad Science Holding Corp. (IAS). The lawsuit is for violations of federal securities laws, aimed at investors who bought IAS stock between March 2, 2023, and February 27, 2024.
The complaint alleges that during this period, IAS and some of its current and former executives made misleading statements and hid critical information from investors. Specifically, it claims IAS faced rising competitive pressures, forcing them to lower prices due to weaker demand and slowing revenue growth. The company’s earlier claims that their pricing strategy was strong turned out to be untrue, and this lack of transparency negatively impacted stock value.
When the truth came out, IAS’s stock value dropped sharply, resulting in significant losses for investors.
If you lost over $300,000 in IAS securities and want to participate in this action, you can reach out for more information. Additionally, those interested in being a Lead Plaintiff need to respond before March 31, 2025.
About Lowey Dannenberg
Lowey Dannenberg is a national law firm that focuses on helping investors who have faced losses due to corporate wrongdoing. They have a strong track record in handling large-scale lawsuits and have recovered substantial amounts for their clients.
Contact:
Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
Tel: (914) 733-7234
Email: afarah@lowey.com
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