An investigation on behalf of investors in DoubleVerify Holdings, Inc. (NYSE: DV) shares over potential wrongdoing at DoubleVerify Holdings, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 10/13/2023 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at DoubleVerify Holdings, Inc.
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:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About:
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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.