Press release
Investigation announced for Investors in DoubleVerify Holdings, Inc. (NYSE: DV) over potential Wrongdoing
An investigation on behalf of investors in DoubleVerify Holdings, Inc. (NYSE: DV) shares over potential wrongdoing at DoubleVerify
Investors who purchased shares of DoubleVerify Holdings, Inc. (NYSE: DV) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain DoubleVerify Holdings, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
New York based DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, and analytics in the United States and internationally. DoubleVerify Holdings, Inc. reported that its annual Total Revenue rose from $332.74 million in 2021 to $452.41 million in 2022 and that its Net Income increased from $29.3 million in 2021 to $43.26 million in 2022.
On May 2, 2023, Spruce Point Capital Management published a report alleging that there is evidence Do DoubleVerify Holdings, Inc. engaged in manipulative and deceptive financial reporting related to its international business.
Shares of DoubleVerify Holdings, Inc. (NYSE: DV) declined from $31.31 per share on April 12, 2023, to $26.49 per share on May 04, 2023.
Those who purchased shares of DoubleVerify Holdings, Inc. (NYSE: DV) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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