Important Investor Information Regarding Integral Ad Science Holding Corp. Securities Class Action Lawsuit
New York, NY and New Orleans, LA – Kahn Swick & Foti, LLC (KSF) and KSF 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. (IAS), if they purchased the Company’s shares between March 2, 2023 and February 27, 2024, inclusive (the “Class Period”).
Background on the Securities Class Action Lawsuit
The lawsuit alleges that the Company and certain of its executives and directors made false and misleading statements and failed to disclose material information during the Class Period, violating federal securities laws.
Detailed Allegations
The complaint alleges that the defendants made false and/or misleading statements and/or failed to disclose that:
- The Company’s financial statements for the periods ending December 31, 2022 and 2023 contained material errors.
- The Company’s revenue growth was not sustainable.
- The Company’s sales growth was due in part to improper revenue recognition.
- The Company’s costs and expenses were higher than represented.
- The Company’s internal controls over financial reporting were inadequate.
Impact on Individual Investors
If you purchased shares of Integral Ad Science Holding Corp. during the Class Period, you may be entitled to recover your losses, including damages. To be eligible to share in the recovery, you must file a lead plaintiff application by March 31, 2025.
Impact on the World
The securities class action lawsuit against Integral Ad Science Holding Corp. is significant because it raises concerns about the accuracy of the Company’s financial statements and the actions of its executives and directors. These issues can erode investor confidence and impact the broader financial markets.
Conclusion
If you purchased shares of Integral Ad Science Holding Corp. during the Class Period and believe you may be entitled to recover your losses, you should contact Kahn Swick & Foti, LLC promptly. KSF is here to help you protect your rights as an investor.
The securities class action lawsuit against Integral Ad Science Holding Corp. serves as a reminder that investors must be vigilant in monitoring the companies they invest in, and that executives and directors have a fiduciary duty to provide accurate and truthful information to shareholders.
For more information about this class action lawsuit and your potential recovery, please contact KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., at charles.foti@ksfcounsel.com or call toll-free at 1-877-515-1850.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust, and consumer class actions, along with mergers & acquisitions and complex commercial litigation, for clients all over the world. KSF has offices in New York, California, Louisiana, and New Jersey.
