Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for business professionals · Saturday, February 1, 2025 · 782,276,581 Articles · 3+ Million Readers

IAS ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Integral Ad Science Holding Corp. and Encourages Investors to Contact the Firm

/EIN News/ -- NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Integral Ad Science Holding Corp. (“IAS” or the “Company”) (NASDAQ: IAS) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired IAS securities between March 2, 2023, and February 27, 2024, both dates inclusive (the “Class Period”). Investors have until March 31, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Click here to participate in the action.

The complaint alleges, among other things, that during the Class Period, “Defendants misrepresented and/or failed to disclose (i) that IAS was experiencing a new material trend of increased competitive pricing pressures and that, as a result, IAS had been forced to cut prices to compensate for weakening demand and slowing revenue growth; (ii) that IAS’s pricing function was no longer ‘favorable’ and IAS could not sustain its pricing and drive price increases; (iii) that pricing had become a key differentiator between IAS and its competitor necessary to close major renewals and new deals; (iv) that the risk that competition ‘could result in increased pricing pressure’ or ‘could put pressure on us to change our prices’ had in fact transpired; and (v) as a result, the IAS’s public statements were materially false and misleading at all relevant times.”

The complaint further alleges that “[a]s a result of Defendants’ wrongful acts and omissions, and the precipitous decline in the market value of the Company’s shares, Plaintiff and putative class members have suffered significant losses and damages.”

If you purchased or otherwise acquired IAS shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.

Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com


Primary Logo

Powered by EIN News

Distribution channels: Consumer Goods, Law ...

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Submit your press release