NEW YORK, Aug. 03, 2026 (GLOBE NEWSWIRE) — Teads Holdi g Co. (Nasdaq: TEAD), the om icha el outcomes platfo m, today a ou ced that it has filed a lawsuit i the U.S. Dist ict Cou t fo the Southe Dist ict of New Yo k agai st Google LLC a d Alphabet I c. (togethe , “Google”) seeki g fi a cial damages a d othe legal emedies. The lawsuit follows the uli g by the U.S. Dist ict Cou t fo the Easte Dist ict of Vi gi ia, which fou d that Google LLC had e gaged i u lawful a ticompetitive p actices a d mo opolistic co duct i ce tai digital adve tisi g tech ology ma kets.
Teads’ complai t outli es how Google’s exclusio a y ad tech p actices di ectly est icted fai competitio ac oss digital adve tisi g ma kets, limiti g g owth a d eve ue pote tial fo i depe de t platfo ms, publishe s, a d adve tise s. As a pa ticipa t i the global ad tech ecosystem, Teads filed the litigatio to hold Google accou table fo histo ical ma ketplace disto tio s a d to ecove mo eta y damages esulti g f om Google’s u lawful behavio .
“Teads was built to empowe publishe s to th ive by co ecti g them with leadi g adve tise s a d maximizi g thei yield th ough i ovative fo mats, p emium use expe ie ces, a d scalable mo etizatio tech ology,” said David Kostma , Chief Executive Office of Teads. “Fo yea s, Google used its domi a ce to supp ess fai competitio a d disto t the digital ad tech ecosystem to its ow adva tage. We filed this actio to ecove the fi a cial damages caused to ou busi ess a d esto e a t a spa e t, competitive ma ketplace fo publishe s a d adve tise s.”
Teads is ep ese ted i this litigatio by Kellogg, Ha se , Todd, Figel & F ede ick, P.L.L.C. A copy of the complai t is attached as Exhibit 99.2 to Teads’ Cu e t Repo t o Fo m 8-K filed with the U.S. Secu ities a d Excha ge Commissio o August 3, 2026.
Teads (Nasdaq: TEAD) is a leadi g om icha el adve tisi g platfo m focused o d ivi g outcomes fo b a d a d pe fo ma ce adve tise s ac oss sc ee s. With a focus o mea i gful busi ess outcomes fo full fu el objectives, Teads d ives value by leve agi g p edictive AI tech ology to co ect quality media, beautiful b a d c eative, a d co text-d ive add essability a d measu eme t. Teads is di ectly pa t e ed with mo e tha 10,000 publishe s a d 20,000 adve tise s globally. The compa y is headqua te ed i New Yo k, New Yo k, with a global team of a ou d 1,700 people i 30+ cou t ies.
Fo mo e i fo matio , visit www.teads.com.
This P ess Release co tai s fo wa d-looki g stateme ts withi the mea i g of the fede al secu ities laws, which stateme ts i volve substa tial isks a d u ce tai ties. Fo wa d-looki g stateme ts may i clude, without limitatio , stateme ts elated to ou lawsuit agai st Google, the pu pose a d easo fo the lawsuit, a d a y a ticipated damages elated to the lawsuit. You ca ge e ally ide tify fo wa d-looki g stateme ts because they co tai wo ds such as “may,” “will,” “should,” “expects,” “pla s,” “a ticipates,” “could,” “i te ds,” “guida ce,” “outlook,” “ta get,” “p ojects,” “co templates,” “believes,” “estimates,” “p edicts,” “fo esee,” “pote tial” o “co ti ue” o the egative of these te ms o othe simila exp essio s that co ce the Compa y’s expectatio s, st ategy, pla s o i te tio s o a e ot stateme ts of histo ical fact.
The Compa y has based these fo wa d-looki g stateme ts la gely o the Compa y’s expectatio s a d p ojectio s ega di g futu e eve ts. The outcome of the eve ts desc ibed i these fo wa d-looki g stateme ts is subject to isks, u ce tai ties a d othe facto s, i cludi g but ot limited to, the u ce tai ty a d timi g of a y esolutio to the lawsuit a d the amou t of damages o othe emedies we may ecove , if a y, a d the othe impo ta t isks desc ibed i the sectio s e titled “Risk Facto s” a d elsewhe e i the Compa y’s A ual Repo t o Fo m 10-K filed fo the yea e ded Decembe 31, 2025, the Compa y’s Qua te ly Repo t o Fo m 10-Q filed fo the qua te e ded Ma ch 31, 2026, a d i ou othe public fili gs, each filed with the Secu ities a d Excha ge Commissio (the “SEC”), which a e available o the Compa y’s website at https://i vesto s.teads.com/ a d o the SEC’s website at www.sec.gov.
Acco di gly, you should ot ely upo fo wa d-looki g stateme ts as p edictio s of futu e eve ts. The Compa y ca ot assu e you that the esults, eve ts a d ci cumsta ces eflected i the fo wa d-looki g stateme ts will be achieved o occu , a d actual esults, eve ts, o ci cumsta ces could diffe mate ially f om those p ojected i the fo wa d-looki g stateme ts. The fo wa d-looki g stateme ts made i this P ess Release elate o ly to eve ts as of the date o which the stateme ts a e made. The Compa y may ot actually achieve the pla s, i te tio s o expectatio s disclosed i its fo wa d-looki g stateme ts a d you should ot place u due elia ce o the Compa y’s fo wa d-looki g stateme ts. The Compa y u de takes o obligatio to update a d does ot assume a y obligatio to update a y fo wa d-looki g stateme ts, whethe as a esult of ew i fo matio , futu e eve ts o ci cumsta ces afte the date o which the stateme ts a e made o to eflect the occu e ce of u a ticipated eve ts o othe wise, except as equi ed by law.
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