According to the lawsuit, defendants made materially false and/or misleading statements and/or failed to disclose that:
- IAS was experiencing a new material trend of increased competitive pricing pressures and that, as a result, IAS had been forced to cut prices to compensate for weakening demand and slowing revenue growth;
- IAS’ pricing function was no longer “favorable” and IAS could not sustain its pricing and drive price increases;
- pricing had become a key differentiator between IAS and its competitor necessary to close major and new deals;
- the risks that competition “could result in increased pricing pressure” or “could put pressure on us to change our prices” had in fact transpired; and
- as a result, IAS’s public statements were materially false and misleading at all relevant times.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Attorney Advertising. Prior results do not guarantee a similar outcome.
