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Hub Group Investors Should Contact Block & Leviton To Potentially Recover Losses
Globenewswire· 2026-02-23 14:47
BOSTON, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Hub Group, Inc. (Nasdaq: HUBG) for potential securities law violations. Investors who have lost money in their Hub Group investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/hubg. What is this all about? Shares of Hub Group fell more than 20% in intraday trading on February 5, 2026, after the company identified an accounting error related to ...
$HUBG Alert: Hub Group Inc. Drops 24% Amid Restatement – Investors with Losses Reminded to Contact BFA Law about the Ongoing Securities Investigation
Globenewswire· 2026-02-23 12:07
NEW YORK, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Hub Group Inc. (NASDAQ:HUBG) for potential violations of the federal securities laws. If you invested in Hub Group, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit. Why is Hub Group Being Investigated for Violations of the Federal Securities Laws? Hub Group is a supply chain solutions provider that off ...
AIxCrypto Co-CEO Jerry Wang Shares Weekly Investor Update: Hub Season 2 Launch, and Social Growth Momentum
Prnewswire· 2026-02-23 06:29
Core Insights - AIxCrypto Inc. has launched Season 2 of its AIxC Hub, introducing updated engagement mechanics and new features aimed at enhancing AI agent-driven experiences within the ecosystem [1] - The company has seen significant growth in its social media presence, with its official X account reaching 53,417 followers and a 94% increase in engagement rates, alongside total impressions nearing 600,000 [1] - AIxCrypto is refocusing its strategy on Real-World Assets (RWA) and Embodied AI (EAI), transitioning away from certain initiatives to enhance operational focus and capital discipline [1] Company Developments - The launch of Season 2 of AIxC Hub marks a new phase in the company's ecosystem evolution, with additional details on engagement and rewards to be released soon [1] - The strategic refinement includes a concentration of resources on FFAI EAI initiatives, such as intelligent electric vehicles and AI robotics, while discontinuing the BesTrade AI Agent and Digital Asset AI Management modules [1] - AIxCrypto aims to leverage high-quality, multimodal real-world behavioral data to develop AI-integrated blockchain applications, connecting on-chain systems with real-world signals [1] Strategic Outlook - The company is positioned at the intersection of AI, RWA, and crypto infrastructure, focusing on building compliant asset rails to facilitate the integration of real-world assets into blockchain systems [1] - AIxCrypto's goal is to enable smarter AI-native financial and consumer applications, creating practical utility for users, partners, and shareholders [1] - The company emphasizes its commitment to enhancing its core infrastructure objectives while aligning execution efforts with areas of long-term relevance [1]
HUBG ALERT: Ongoing Investigation Into Hub Group, Inc. - Contact Levi & Korsinsky
TMX Newsfile· 2026-02-23 05:13
Core Insights - Hub Group, Inc. is under investigation for potential violations of federal securities laws following a significant accounting error that has impacted investor confidence and stock performance [1][3]. Stock Performance - Hub Group's stock reached a 52-week high of $48.96 on February 3, 2026, but plummeted to around $37 just three days later, resulting in a loss of approximately $12 per share [2]. - For an investor holding 10,000 shares, this decline translates to an estimated $120,000 decrease in portfolio value [2]. Analyst Reactions - Stifel downgraded Hub Group from a Buy rating to Sell, slashing its price target from $52 to $27, a 48% reduction [3]. - Baird also downgraded its rating from Outperform to Neutral, reducing its target from $47 to $29, a 38% cut [3]. - Both downgrades were issued on February 6, contributing to increased selling pressure on the stock [3]. Financial Results - Despite reporting earnings per share of $0.45 against a consensus estimate of $0.44 and revenue exceeding estimates, the positive results were overshadowed by the disclosure of an accounting restatement affecting three prior quarters and an estimated $77 million in understated costs [4]. - The market's reaction, with a 23% decline in stock price, indicates that the accounting issue is viewed as more significant than the quarterly earnings performance [4].
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Hub Group, Inc. Investors to Inquire About Securities Class Action Investigation - HUBG
TMX Newsfile· 2026-02-21 12:02
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Hub Group, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Legal Action and Investor Rights - Investors who purchased Hub Group securities may be entitled to compensation through a contingency fee arrangement, with a class action being prepared to recover investor losses [2]. - Interested investors can join the prospective class action by submitting a form or contacting the law firm directly [2]. Group 2: Financial Reporting Issues - On February 5, 2026, Hub Group filed a Current Report with the SEC, revealing an error that led to the understatement of purchased transportation costs and accounts payable for the first nine months of 2025 [3]. - As a result of this error, Hub Group plans to restate its financial statements for the first three quarters of 2025 [3]. - Following the announcement, Hub Group's stock price dropped by $9.37 per share, or 18.3%, closing at $41.96 per share on February 6, 2026 [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements for investors, including the largest securities class action settlement against a Chinese company and has been consistently ranked among the top firms for securities class action settlements [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering substantial amounts for its clients [4].
$HUBG Stock Loss: Hub Group Inc. Hit with Securities Fraud Investigation after 24% Stock Drop, Investors Notified to Contact BFA Law to Protect Your Rights
TMX Newsfile· 2026-02-20 11:17
New York, New York--(Newsfile Corp. - February 20, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Hub Group Inc. (NASDAQ: HUBG) for potential violations of the federal securities laws. If you invested in Hub Group, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.Why is Hub Group Being Investigated for Violations of the Federal Securities Laws? Hub Group is a supply chain solutions pr ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hub Group, Inc. - HUBG
Prnewswire· 2026-02-20 01:06
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices by Hub Group, Inc. following the announcement of a financial restatement due to accounting errors [1] Financial Impact - Hub Group announced it would restate its financial statements for the first three quarters of 2025, resulting in a total reduction of $77 million in accounts payable and purchased transportation costs [1] - The company has delayed its full earnings release and is assessing the potential impact on its financial statements for 2023 and 2024, suggesting that the accounting errors may extend beyond 2025 [1] Stock Market Reaction - Following the announcement of the financial restatement, Hub Group's stock price fell by $9.37 per share, or 18.25%, closing at $41.96 per share on February 6, 2026 [1]
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Hub Group, Inc. Investors to Inquire About Securities Class Action Investigation - HUBG
TMX Newsfile· 2026-02-19 22:36
New York, New York--(Newsfile Corp. - February 19, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Hub Group, Inc. (NASDAQ: HUBG) resulting from allegations that Hub Group may have issued materially misleading business information to the investing public.SO WHAT: If you purchased Hub Group securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fe ...
HUBG INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Hub Group
Globenewswire· 2026-02-19 14:09
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Significant Losses In Hub Group To Contact Him Directly To Discuss Their Options If you suffered significant losses in Hub Group stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a ...
Potential Securities Fraud: Levi & Korsinsky Investigates Hub Group, Inc. (HUBG)
TMX Newsfile· 2026-02-18 22:59
Core Viewpoint - Hub Group, Inc. is under investigation for potential violations of federal securities laws following a significant accounting error that led to a sharp decline in its stock price [1]. Financial Performance - Hub Group reached a 52-week high of $48.96 per share on February 3, 2026, but saw its shares drop to around $37 just three days later, resulting in a loss of approximately $12 per share [2]. - The company's Q4 2025 earnings per share were reported at $0.45, slightly above the consensus estimate of $0.44, and revenue exceeded expectations. However, this positive result was overshadowed by the disclosure of a restatement affecting three prior quarters and an estimated $77 million in understated costs [4]. Analyst Reactions - Stifel downgraded Hub Group from Buy to Sell, reducing its price target from $52 to $27, a 48% decrease, citing the accounting error as a significant blow to confidence in the company's financials [3]. - Baird also downgraded its rating from Outperform to Neutral, cutting its target from $47 to $29, a 38% reduction, which contributed to increased selling pressure on the stock [3].