COMPANY |
Integral Ad Science Holding Corp. |
COURT |
United States District Court for the Southern District of New York |
CASE NUMBER |
1:25-cv-00847 |
JUDGE |
The Hon. Lewis A. Kaplan |
CLASS PERIOD |
March 2, 2023, and February 27, 2024 |
SECURITY TYPE |
Common Stock |
Case Background:
This is a class action lawsuit filed on behalf of those who purchased Integral Ad Science Holding Corp. (“IAS”) (NASDAQ: IAS) common stock between March 2, 2023, and February 27, 2024, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) IAS was experiencing increased competitive pricing pressures and, as a result, IAS had been forced to cut prices to compensate for weakening demand and slowing revenue growth; (2) IAS’s pricing function was no longer “favorable” and IAS could not sustain its pricing or drive price increases; (3) pricing had become a key differentiator between IAS and its competitor, and IAS’s “favorable” pricing became necessary to close major renewals and new deals; (4) the risk that competition “could result in increased pricing pressure” or “could put pressure on us to change our prices” had in fact transpired; and (5) as a result, 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.
Current Status of Case:
Defendants filed Motions to Dismiss the Amended Complaint on August 15, 2025. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.