logo
DV INVESTOR ALERT: DoubleVerify Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

DV INVESTOR ALERT: DoubleVerify Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

SAN DIEGO, June 2, 2025 /PRNewswire/ — The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of DoubleVerify Holdings, Inc. (NYSE: DV) common stock between November 10, 2023 and February 27, 2025, both dates inclusive (the 'Class Period'), have until July 21, 2025 to seek appointment as lead plaintiff of the DoubleVerify class action lawsuit. Captioned Electrical Workers Pension Fund, Local 103, I.B.E.W. v. DoubleVerify Holdings, Inc., No. 25-cv-04332 (S.D.N.Y.), the DoubleVerify class action lawsuit charges DoubleVerify as well as certain of DoubleVerify's top executives with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the DoubleVerify class action lawsuit, please provide your information here:
https://www.rgrdlaw.com/cases-doubleverify-holdings-inc-class-action-lawsuit-dv.html
You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com.
CASE ALLEGATIONS: DoubleVerify provides media effectiveness platforms.
The DoubleVerify class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) DoubleVerify's customers were shifting their ad spending from open exchanges to closed platforms, where DoubleVerify's technological capabilities were limited and competed directly with native tools provided by platforms like Meta Platforms and Amazon; (ii) DoubleVerify's ability to monetize on its Activation Services was limited because the development of its technology for closed platforms was significantly more expensive and time-consuming than disclosed to investors; (iii) DoubleVerify's Activation Services in connection with certain closed platforms would take several years to monetize; (iv) DoubleVerify's competitors were better positioned to incorporate AI into their offerings on closed platforms, which impaired DoubleVerify's ability to compete effectively and adversely impacted DoubleVerify's profits; (v) DoubleVerify systematically overbilled its customers for ad impressions served to declared bots operating out of known data center server farms; and (vi) DoubleVerify's risk disclosures were materially false and misleading because they characterized adverse facts that had already materialized as mere possibilities.
The DoubleVerify class action lawsuit further alleges that on February 28, 2024, DoubleVerify issued lower revenue growth expectations for the first quarter of 2024 due to 'a slow start by brand advertisers and a slow ramp by recently signed' customers. On this news, the price of DoubleVerify stock fell more than 21%, according to the complaint.
Then, on May 7, 2024, as the DoubleVerify class action lawsuit alleges, DoubleVerify cut its full-year 2024 revenue outlook due to customers that were pulling back on their ad spending. On this news, the price of DoubleVerify stock fell nearly 39%, according to the complaint.
The DoubleVerify class action lawsuit further alleges that on February 27, 2025, DoubleVerify reported lower-than-expected fourth quarter 2024 sales and earnings due in part to reduced customer spending, and defendants further disclosed that the shift of ad dollars from open exchanges to closed platforms was negatively impacting DoubleVerify. On this news, the price of DoubleVerify stock fell more than 36%, according to the complaint.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired DoubleVerify common stock during the Class Period to seek appointment as lead plaintiff in the DoubleVerify class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the DoubleVerify class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the DoubleVerify class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the DoubleVerify class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:
https://www.rgrdlaw.com/services-litigation-securities-fraud.html
Past results do not guarantee future outcomes.Services may be performed by attorneys in any of our offices.
Contact:
Robbins Geller Rudman & Dowd LLPJ.C. Sanchez, Jennifer N. Caringal655 W. Broadway, Suite 1900, San Diego, CA 92101800-449-4900info@rgrdlaw.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Military Laser Systems Market to Reach USD 10,685.36 million by 2032, growing at a CAGR of 8.59%: Credence Research
Military Laser Systems Market to Reach USD 10,685.36 million by 2032, growing at a CAGR of 8.59%: Credence Research

Malaysian Reserve

time2 hours ago

  • Malaysian Reserve

Military Laser Systems Market to Reach USD 10,685.36 million by 2032, growing at a CAGR of 8.59%: Credence Research

PUNE, India, July 30, 2025 /PRNewswire/ — Market Outlook According to Credence Research the global Military Laser Systems Market is poised for significant growth, with its size projected to rise from USD 5,524.89 million in 2024 to USD 10,685.36 million by 2032, expanding at a CAGR of 8.59%. The market gains traction due to escalating geopolitical tensions, increased defense modernization efforts, and rising investments in directed energy weapons. Nations prioritize the integration of high-precision, non-lethal, and cost-effective laser-based systems for applications including missile defense, target designation, range finding, and UAV countermeasures. Technological advancements in solid-state, fiber, and gas laser systems continue to enhance operational performance, range, and energy efficiency, supporting broader deployment across land, naval, and airborne platforms. The increasing adoption of laser systems for surveillance and communication in contested environments further contributes to market growth. Growing demand for lightweight, modular systems that can be integrated into existing platforms fuels innovation, reinforcing the strategic importance of military lasers in next-generation warfare strategies. Key Growth Determinants The surge in global defense spending, particularly in countries such as the U.S., China, and India, plays a pivotal role in driving the military laser systems market. These nations are focusing on upgrading their military capabilities with advanced technologies that offer precision, scalability, and minimal collateral damage. Laser-based systems offer a low cost per shot compared to traditional munitions, making them increasingly favorable in prolonged combat and deterrence strategies. Rapid advancements in laser power output and beam control technologies have made it feasible to deploy laser systems in tactical and strategic roles. This includes directed energy weapons capable of neutralizing drones, missiles, and small boats with high accuracy. Defense agencies are investing in scalable and portable laser solutions that offer multi-mission capabilities, supporting their use across varied combat scenarios. Continuous R&D by private and public defense organizations enhances system reliability and integration flexibility. The growing focus on counter-unmanned aerial system (C-UAS) solutions is another critical factor. With increasing threats from low-cost drones, especially in asymmetric warfare, militaries are adopting laser systems as a cost-effective and immediate-response solution. Their ability to disable electronics without explosive force makes them ideal for minimizing civilian and infrastructure damage in urban conflict zones. This shift toward directed energy-based deterrents continues to strengthen market expansion. Tailor the report to align with your specific business needs and gain targeted insights. Request – Key Growth Barriers Despite strong market momentum, high initial development and procurement costs pose a significant barrier to widespread adoption of military laser systems. The integration of advanced optics, cooling systems, and high-energy components makes these systems expensive to manufacture and maintain. Budget constraints in developing countries limit investment in such cutting-edge technologies, slowing global market penetration. Technical challenges related to beam attenuation due to weather conditions, atmospheric distortion, and energy loss during transmission also hamper deployment. Laser systems often face limitations in range and effectiveness under adverse environmental conditions such as fog, rain, or dust, reducing operational reliability in real-world combat environments. Overcoming these technical barriers remains critical to broader system adoption. Key Market Opportunities The increasing demand for laser-based solutions in space-based defense and missile interception systems presents a significant opportunity. With renewed interest in space militarization, defense agencies are exploring directed energy systems for satellite protection, anti-ballistic missile defense, and high-altitude threat neutralization. These developments open up a new frontier for military laser applications beyond conventional terrestrial platforms. Integration of AI and sensor fusion into laser systems offers enhanced targeting, tracking, and decision-making capabilities. These innovations can transform laser systems into intelligent, autonomous threat neutralizers that improve response time and accuracy in fast-paced battlefields. This convergence of technologies is expected to unlock new use cases and accelerate adoption across diverse military scenarios. Regional Analysis North America holds the largest share of the military laser systems market, driven by substantial investments from the U.S. Department of Defense in directed energy weapons. The U.S. leads global deployment of laser systems for applications such as UAV neutralization, missile defense, and anti-drone systems. Strong collaborations between government agencies and defense contractors such as Lockheed Martin and Raytheon Technologies bolster technological innovation and market growth. The Asia Pacific region is projected to witness the fastest growth during the forecast period, fueled by rising defense expenditures in China, India, South Korea, and Japan. Regional military modernization initiatives and increasing cross-border tensions have accelerated demand for advanced laser systems. Meanwhile, Europe shows steady adoption, with NATO member states prioritizing next-generation defense technologies and enhancing their collective defense capabilities using non-kinetic, directed energy systems. Credence Research's Competitive Landscape Analysis The global military laser systems market features a moderately consolidated competitive landscape, with leading defense contractors including Lockheed Martin Corporation, Northrop Grumman, Raytheon Technologies, BAE Systems, and Thales Group dominating development. These firms invest heavily in R&D, form strategic alliances, and secure multi-year government contracts to maintain technological leadership. Emerging players and specialized firms also gain traction by offering niche capabilities in optics, beam control, and portable system integration, contributing to a dynamic and innovation-driven market environment. Tailor the report to align with your specific business needs and gain targeted insights. Request – Segments – By Platform Ground-Based Airborne Naval Others By Application Weapon Systems Target Designation Range Finding Directed Energy Systems Others By End-use Defense Forces Homeland Security By Technology Solid-State Lasers Fiber Lasers Chemical Lasers CO₂ Lasers Others By Output Power Less than 50 kW 50–100 kW More than 100 kW By Region North America Europe Asia Pacific Latin America Middle East & Africa Key Player Analysis Lockheed Martin Corporation Rheinmetall AG Thales Group The Boeing Company Northrop Grumman Corporation L3Harris Technologies Inc. BAE System RTX Corporation Others Recent Industry Developments June 2025: Zen Technologies secured its 54th Indian and 82nd global patent for a laser-based military training system. The patented long-pass optical filter integrates visible and infrared lasers, enhancing simulator realism. This follows Zen's expansion into the UAV segment through TISA Aerospace. May 2025: NUBURU announced the planned acquisition of TEKNE, a specialist in electronic warfare and cyber defense. The deal, pending approvals, aims to combine TEKNE's vehicle protection and jammer technologies with NUBURU's blue laser innovations to establish a new Defense & Security hub and boost revenue to USD 50 million. March 2025: HII's Mission Technologies division won a U.S. Army contract to develop a High-Energy Laser (HEL) weapon system. The open-architecture prototype targets Groups 1–3 drones and supports both fixed-site and mobile defense with a focus on rapid deployment and scalability. November 2024: Israel revealed plans to deploy the Iron Beam laser defense system within a year. Developed by Rafael and Elbit Systems, Iron Beam uses high-power lasers to neutralize missiles, drones, and rockets as a cost-effective complement to Iron Dome, though it faces weather-related limitations. October 2024: Rafael Advanced Defense Systems announced it will showcase laser weapons, air defense, and precision strike systems at AUSA 2024. Featured technologies include the Iron Beam, SPIKE missile family, and the new ICEBREAKER cruise missile, reinforcing its U.S. defense partnerships. June 2024: Leonardo DRS secured a full-rate production contract to supply its Quantum Cascade Laser (QCL) technology for the Common Infrared Countermeasure (CIRCM) systems. The fifth-generation laser enhances missile defense for U.S. Army rotary-wing aircraft. May 2024: BlueHalo received a USD 95.4 million contract from the U.S. Army Space and Missile Defense Command (SMDC) to develop Directed Energy prototypes under the Laser Technology Research Development and Optimization (LARDO) program via the Aviation & Missile Technology Consortium (AMTC). June 2023: RTX Corporation delivered its fourth combat-ready, palletized 10 KW laser weapon to the U.S. Air Force. Built to military specifications, the stand-alone system offers flexible deployment for base or mobile use. Reasons to Purchase this Report: Gain a comprehensive understanding of the market through qualitative and quantitative analyses, considering both economic and non-economic factors, with segmentation and sub-segmentation details provided in terms of market value (USD Billion). Identify regions and segments expected to experience the fastest growth or dominate the market, with a detailed analysis of geographic consumption patterns and the factors driving or hindering market performance in each region. Stay informed about the competitive environment, with rankings of major players, recent product and service launches, partnerships, business expansions, and acquisitions from the past five years. Access detailed profiles of major market players, including company overviews, insights, product benchmarking, and SWOT analysis, to understand competitive advantages and market positioning. Explore the present and forecasted market landscape, with insights into growth opportunities, market drivers, challenges, and constraints for both developed and emerging regions. Benefit from Porter's Five Forces analysis and Value Chain insights to evaluate various market perspectives and competitive dynamics. Understand the evolving market scenario, including potential growth opportunities and trends expected in the coming years. Tailor the report to align with your specific business needs and gain targeted insights. Request – Discover additional reports tailored to your industry needs – Artificial Intelligence (AI) in Military Market – Military Lighting Market – Military Land Vehicles Market – Military Surveillance Drones Market – U.S. Military Wearables Market – Military Grade Fiberglass Market – Follow Us: About Us: Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 2000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives. Contact Us Mitul DeanTower C-1105 , S 25, Akash Tower,Vishal Nahar, Pimple Nilakh, Haveli,Pune – 411027, Indiasales@ Logo – View original content:

EROAD and Geotab Expand Existing Partnership in Australia with NHVR-Compliant Heavy Vehicle Solutions
EROAD and Geotab Expand Existing Partnership in Australia with NHVR-Compliant Heavy Vehicle Solutions

Malaysian Reserve

time11 hours ago

  • Malaysian Reserve

EROAD and Geotab Expand Existing Partnership in Australia with NHVR-Compliant Heavy Vehicle Solutions

The offering deepens the EROAD + Geotab collaboration and provides Australian fleets with a unified, single-vendor solution for heavy vehicle compliance. AUCKLAND, New Zealand, July 30, 2025 /PRNewswire/ — EROAD, a global leader in connected fleet management solutions, today announced a new development in its growing and successful partnership with global telematics leader Geotab, bringing a broader suite of heavy vehicle compliance solutions to Australian fleet operators. The partnership provides a wide range of heavy transport operators in Australia, from long-haul carriers to fleets focusing on last mile delivery, with a scalable and future-ready technology platform. Geotab's TCA certified application service provider status and heavy transport offering paired with EROAD's experience in heavy transport, compliance, fuel tax credit solutions, and video telematics, builds on the current partnership for light commercial vehicle solutions already available today. Through this expansion, Australian customers have a seamless way to manage vehicle telematics and regulatory compliance, with full support for National Heavy Vehicle Regulator (NHVR) requirements, including Road Infrastructure Management (RIM), Telematics Monitoring Application (TMA), and certified Electronic Work Diary (EWD) functionality in a single platform. 'This marks an exciting evolution of our partnership with Geotab,' said Mark Davidson, Chief Product Officer at EROAD. 'Australian fleet operators, especially those managing heavy vehicles, are under growing pressure to stay compliant, safe, and efficient. By delivering a comprehensive, NHVR-compliant solution, we're helping simplify operations and reduce the complexity of dealing with multiple providers as well as improving the user experience with a single software platform'. The technology connects users to a full suite of enterprise solutions – including EROAD's Clarity Dashcam with Edge AI and Fatigue Monitoring. As Australian fleets adopt these purpose-built tools, they'll gain real-time visibility across fleet compliance, maintenance, safety, fuel tax credit claims, fatigue, and more. 'EROAD brings significant heavy vehicle expertise to Geotab's heavy transport solution,' said Andrew Hintz, Associate Vice President, Heavy Transport at Geotab. 'Adding this capability to the Australian market strengthens our joint offering and helps customers operate more confidently under NHVR regulations. Together, we're providing a more compliant, safer, and connected fleet management solution with a focus on superior customer service and support.' EROAD's Australian heavy transport solution, in partnership with Geotab, will be available in August. Customers can contact EROAD or Geotab to register interest and book a solution overview. About EROAD EROAD (NZX/ASX: ERD) is a hardware-enabled SaaS company delivering safety, compliance, sustainability and efficiency solutions for complex fleets. Its connected platform is used by commercial and government operators across New Zealand, Australia and North America to manage vehicles, assets and drivers with greater visibility and control. EROAD supports demanding, highly regulated fleet operations, including those moving food, concrete and aggregates, enabling them to operate smarter, safer and more sustainably. EROAD's platform is built on a foundation of regulatory expertise, having delivered the world's first GPS-based road user charging system in New Zealand, where it remains the market leader today. About GeotabGeotab is a global leader in connected vehicle and asset solutions, helping fleets boost their efficiency and management. We use advanced data analytics and AI to transform fleet performance, safety, and sustainability, reducing costs and driving efficiency. Supported by top data scientists and engineers, we serve over 55,000 customers worldwide, processing 80 billion data points daily from more than 4.7 million vehicle subscriptions. Geotab is trusted by Fortune 500 companies, mid-sized fleets, and the biggest public sector fleets globally, including the US Federal Government. Committed to data security and privacy, we hold FIPS 140-3 and FedRAMP authorisations. Our open platform, network of excellent partners, and Marketplace deliver hundreds of ready-to-go third-party solutions for fleets. This year, we are celebrating 25 years of innovation. Find out more at and follow us on LinkedIn.

Kuehn Law Encourages Investors of United Natural Foods, Inc. to Contact Law Firm
Kuehn Law Encourages Investors of United Natural Foods, Inc. to Contact Law Firm

Malaysian Reserve

time11 hours ago

  • Malaysian Reserve

Kuehn Law Encourages Investors of United Natural Foods, Inc. to Contact Law Firm

NEW YORK, July 30, 2025 /PRNewswire/ — Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of United Natural Foods, Inc. (NYSE: UNFI) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at United Natural Foods caused the company to misrepresent or fail to disclose that (1) despite its cost saving Value Path initiative, United Natural Foods had not invested in improving its data management and related infrastructure; (2) as a result, the Company could not respond adequately to cost changes, such as inflationary pressure; (3) as a result, the Company could not appreciate the benefits of procurement gains and inventory gains achieved during fiscal 2022; (4) as a result of the foregoing, the Company's profitability would be materially adversely impacted; and (5) as a result of the foregoing, positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. If you currently own UNFI and purchased prior to March 10, 2021 please contact Justin Kuehn, Esq. here, by email at justin@ or call (833) 672-0814. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights. Why Your Participation Matters: As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™ For additional information, please visit Shareholder Derivative Litigation – Kuehn Law. Attorney advertising. Prior results do not guarantee similar outcomes. Contacts:Kuehn Law, PLLCJustin Kuehn, Esq.53 Hill Street, Suite 605Southampton, NY 11968justin@ 672-0814

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store