Investigation Launched Against DoubleVerify Holdings, Inc. over Alleged Securities Law Violations
New York, NY – April 1, 2025
Levi & Korsinsky, a leading securities law firm, announced today that it has initiated an investigation into DoubleVerify Holdings, Inc. (NYSE: DV) over possible securities laws violations. The investigation comes in the wake of the company’s fourth-quarter 2024 and full-year revenue results, which missed analysts’ expectations on February 27, 2025.
Background
DoubleVerify Holdings, Inc. is a digital media and marketing technology company that provides solutions for measuring, managing, and optimizing the quality of digital media campaigns. Its services include brand safety, fraud prevention, and viewability verification.
Financial Results and Analysts’ Expectations
On February 27, 2025, DoubleVerify reported its fourth-quarter and full-year 2024 financial results, which showed revenue coming in lower than analysts’ expectations. The company reported a revenue of $127.6 million for the fourth quarter, missing the consensus estimate of $131.3 million. For the full year, DoubleVerify reported revenue of $488.2 million, falling short of the consensus estimate of $493.6 million.
Investigation Details
Levi & Korsinsky is investigating whether DoubleVerify Holdings, Inc. and its management team violated federal securities laws by making false and misleading statements regarding the company’s financial results and business outlook. Specifically, the firm is looking into whether the company’s statements about its revenue growth and business prospects were accurate and complete.
Impact on Individual Investors
If you are a shareholder of DoubleVerify Holdings, Inc. (NYSE: DV), you may have legal claims and be eligible to participate in the investigation. For more information, contact Levi & Korsinsky at 212-363-7500 or via email at [email protected] to discuss your rights and potential remedies.
Impact on the World
The investigation into DoubleVerify Holdings, Inc. could have significant implications for the digital media and marketing technology industry as a whole. If it is found that the company and its management team made false or misleading statements, it could lead to increased scrutiny of other companies in the sector and potentially impact investor confidence.
Conclusion
The investigation into DoubleVerify Holdings, Inc. over possible securities laws violations is an important development for the digital media and marketing technology industry. As shareholders and potential investors, it is crucial to stay informed about any developments in this case and their potential impact on the industry. If you are a shareholder of DoubleVerify Holdings, Inc., consider contacting Levi & Korsinsky to discuss your rights and potential remedies.
- Levi & Korsinsky initiates investigation into DoubleVerify Holdings, Inc. over possible securities laws violations
- Investigation follows missed revenue expectations in 4Q 2024 and full-year 2024 financial results
- Impact on individual investors: potential legal claims and remedies
- Impact on the world: increased scrutiny and potential impact on investor confidence in the digital media and marketing technology industry
