Integral Ad Science Investors Alerted About Class Action Lawsuit

NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- A prominent law firm, Bronstein, Gewirtz & Grossman, LLC, has announced that a class action lawsuit has been initiated against Integral Ad Science Holding Corp. ("IAS" or "the Company") and certain of its executives.

Class Definition

The lawsuit aims to seek compensation for damages incurred due to alleged violations of federal securities laws, targeting all individuals and entities who purchased or acquired IAS securities from March 2, 2023, to February 27, 2024, inclusive (the "Class Period"). Investors affected by these circumstances are invited to join the case by visiting the law firm’s website.

Details of the Case

The complaint claims that during the Class Period, the defendants made false representations and omitted critical information, failing to disclose that (i) IAS was grappling with significant competitive pricing pressures and was compelled to lower prices in response to declining demand and stagnating revenue growth; (ii) IAS's pricing strategy was no longer advantageous, making it impossible to sustain previous price levels or implement increases; (iii) pricing had shifted to become a key differentiator against competitors, essential for securing major renewals and new contracts; (iv) the risk of competition leading to increased pricing pressure had actually materialized; and (v) as a result, the public statements made by IAS were misleading and incorrect during this entire period. The complaint further states that due to the actions and inactions of the defendants, there was a dramatic decline in IAS’s market value, resulting in substantial losses and damages for the plaintiffs and other class members.

Next Steps

A class action lawsuit has already been filed. Investors who wish to review the complaint can do so on the law firm’s website or contact Peretz Bronstein, Esq., or Nathan Miller, Client Relations Manager at Bronstein, Gewirtz & Grossman, LLC, by calling 332-239-2660. If you have incurred losses with IAS, you have until March 31, 2025, to request the Court to appoint you as the lead plaintiff. Joining as a lead plaintiff is not a requirement to benefit from any potential recovery from the case.

No Cost Involved

The law firm operates on a contingency fee basis for class action representation, meaning they will only seek reimbursement for out-of-pocket expenses and attorneys’ fees, which is typically a percentage of any recovery, if they are successful in the case.

About Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a law firm recognized nationally for representing investors in cases of securities fraud and shareholder derivative lawsuits. The firm has successfully recovered hundreds of millions of dollars for investors across the nation.

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Contact Information

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660
[email protected]

lawsuit, investment, losses