Glancy Prongay & Murray LLP Announces Deadline for Direct Digital Holdings Class Action Lawsuit

LOS ANGELES, June 24, 2024—Law firm Glancy Prongay & Murray LLP ('GPM') has issued a reminder to investors concerning the upcoming July 22, 2024 deadline. Investors who purchased or otherwise acquired shares of Direct Digital Holdings, Inc. (DRCT) are urged to contact the firm before this deadline if they wish to serve as lead plaintiff in a class action lawsuit.

Investor Deadline Alert

The lawsuit has been filed on behalf of a class comprising investors who acquired Direct Digital Holdings stock between specific dates. It alleges that the company violated federal securities laws, which resulted in damages to investors. Those who have incurred losses from their investment in DRCT are encouraged to file a lead plaintiff motion prior to the July deadline to potentially recover their losses.

Participation in the Lawsuit

Direct Digital Holdings operates within the advertising and digital marketing landscape. The class action suit comes as a significant event for shareholders and poses crucial questions concerning the company's business practices and disclosures. Interested investors are invited to participate in the class action to assert their rights. GPM emphasizes that any investor with a substantial loss from investments in DRCT shares within the class period should consider seeking a role as a lead plaintiff.

About Glancy Prongay & Murray LLP

Glancy Prongay & Murray LLP is renowned for its expertise in securities litigation. The firm represents individual and institutional investors in a variety of actions involving financial fraud and corporate wrongdoing. GPM's lawyers have years of experience in prosecuting cases and securing meaningful recoveries for their clients.

Investors, Deadline, Lawsuit