Law Offices of Howard G. Smith announces an investigation on behalf of DoubleVerify Holdings, Inc. (“DoubleVerify” or the “Company”) (NYSE: DV) investors concerning the Company’s possible violations of federal securities laws.
On May 7, 2024, DoubleVerify released its first quarter 2024 financial results and reduced its fiscal 2024 revenue guidance, disclosing that there had been a pullback in customer spending on advertising beginning in April after the Company publicly apologized for displaying incorrect data regarding brand safety score for X advertisers for nearly five months.
On this news, DoubleVerify’s stock price fell $11.79, or 38.5%, to close at $18.78 per share on May 8, 2024, thereby injuring investors.
If you purchased DoubleVerify securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240517657349/en/
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
