Important Notice for Integral Ad Science Holding Corp. (IAS) Shareholders:
The Gross Law Firm, a leading national shareholder rights law firm, announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of shareholders of Integral Ad Science Holding Corp. (IAS) (NASDAQ: IAS) who purchased shares during the period from March 31, 2021, to November 15, 2022, inclusive (the “Class Period”).
Background:
Integral Ad Science Holding Corp. is a technology company that provides media and digital advertising services, including verification, optimization, and analytics. The Company’s services help advertisers ensure their digital advertising campaigns are effective, brand safe, and viewable. Integral Ad Science Holding Corp. is headquartered in New York, NY.
Allegations:
The complaint alleges that the defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, the complaint alleges that defendants failed to disclose: (1) that Integral Ad Science’s measurement of viewability for digital ads was inaccurate and misleading; (2) that the Company’s advertising verification services did not effectively filter out fraudulent traffic; and (3) that as a result of the foregoing, defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Shareholders’ Rights:
If you are a shareholder who purchased IAS shares during the Class Period, you may, no later than February 23, 2025, request appointment as lead plaintiff in this action. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent class member. The lead plaintiff will direct the litigation and participate in important decisions including the selection of counsel, engagement of experts, and strategic decisions. To learn more about the lawsuit and your rights, contact The Gross Law Firm by telephone at 888-230-1175 or visit the firm’s website at
Impact on Shareholders:
The filing of this lawsuit may negatively impact the price of IAS shares. Shareholders who purchased IAS during the Class Period may have legal claims and are encouraged to contact The Gross Law Firm for more information.
Impact on the World:
The lawsuit against Integral Ad Science Holding Corp. highlights the importance of accurate and transparent reporting in the digital advertising industry. As digital advertising continues to grow, investors rely on companies to provide accurate information about their business, operations, and financial performance. When companies fail to do so, they may face legal consequences, which can negatively impact their reputation and financial performance.
Conclusion:
The Gross Law Firm encourages IAS shareholders who purchased shares during the Class Period to contact the firm for more information about the lawsuit and their potential legal claims. The filing of this lawsuit underscores the importance of transparency and accuracy in the digital advertising industry, and serves as a reminder that companies must provide truthful information to investors.
- Integral Ad Science Holding Corp. (IAS) class action lawsuit filed in the Southern District of New York
- Allegations of inaccurate viewability measurement and failure to filter out fraudulent traffic
- Shareholders who purchased IAS shares during the Class Period encouraged to contact The Gross Law Firm
- Impact on IAS shareholders and the digital advertising industry
