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LOS ANGELES, May 15, 2023 (GLOBE NEWSWIRE) — advises DoubleVerify Holdings, Inc. (“DoubleVerify” or “the Company”) (NYSE: DV) investors that the firm has initiated an investigation into possible alleged securities violation and may file a class action on behalf of investors. DoubleVerify that lost money on their investment is encouraged to Lesley Portnoy, Esq.
Investors are encouraged to contact an attorney by phone 844-767-8529 or : [email protected], to discuss their legal rights, or to join the case via . The Portnoy Law Firm can provide a free case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The investigation centers around the Company’s potential issuance of false or misleading statements and its failure to disclose relevant information to investors. On May 2, 2023, Spruce Point Capital Management released a report targeting DoubleVerify. The report claims that the Company employed deceptive and manipulative financial reporting practices in its international business. As a result of this news, DoubleVerify experienced a 5.8% decrease in its share price on the same day.
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The Portnoy Law Firm represents investors in pursuing claims against causes caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar