Important Information for Investors: Securities Class Action Lawsuit Against Integral Ad Science Holding Corp.
New Orleans, February 25, 2025 – Kahn Swick & Foti, LLC (“KSF”) and its partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 31, 2025 to file lead plaintiff applications in a securities class action lawsuit against Integral Ad Science Holding Corp. (the “Company”) if they purchased the Company’s shares between March 2, 2023 and February 27, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.
Background on the Lawsuit
The complaint alleges that the Company violated federal securities laws by making materially false and misleading statements and omissions regarding its business, operations, and financial condition. Specifically, the complaint alleges that the Company failed to disclose that: (1) its revenue growth was primarily driven by acquisitions and not organic growth; (2) its financial statements contained material errors; (3) its revenue recognition practices were inadequate; and (4) its financial results were not achievable.
Impact on Individual Investors
If you purchased Integral Ad Science Holding Corp. shares during the Class Period and suffered a loss, you may be eligible to recover your losses as a lead plaintiff in this securities class action. As a lead plaintiff, you would be entitled to certain rights, including the right to participate in decisions regarding the litigation and potentially receive a significant portion of the recovery.
Impact on the World
The securities class action against Integral Ad Science Holding Corp. is significant because it highlights the importance of transparency and accuracy in financial reporting. The allegations in the complaint, if proven, could have far-reaching consequences for the advertising technology industry, as well as for other companies in the tech sector. This case underscores the need for investors to carefully evaluate the accuracy of a company’s financial statements and disclosures before making investment decisions.
Conclusion
If you purchased Integral Ad Science Holding Corp. shares during the Class Period and believe that you may be eligible to recover your losses as a lead plaintiff in this securities class action, please contact KSF by March 31, 2025. KSF continues to investigate the merits of this case and will provide updates as new information becomes available. For more information, you can visit www.ksfcounsel.com.
- Investors who purchased Integral Ad Science Holding Corp. shares between March 2, 2023 and February 27, 2024, inclusive, may be eligible to recover their losses as a lead plaintiff in a securities class action.
- The complaint alleges that the Company made materially false and misleading statements and omissions regarding its business, operations, and financial condition.
- The case is pending in the United States District Court for the Southern District of New York.
- If you believe you may be eligible to recover your losses, contact Kahn Swick & Foti, LLC by March 31, 2025.
