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HUBG SHAREHOLDER ALERT: Investors Encouraged to Contact Kirby McInerney LLP About Potential Securities Laws Violations
Globenewswire· 2026-02-12 01:00
Core Viewpoint - Hub Group, Inc. is under investigation for potential violations of federal securities laws following the disclosure of an error that led to the understatement of transportation costs and accounts payable in its financial statements for the first nine months of 2025 [3][4]. Group 1: Company Disclosure - On January 5, 2026, Hub Group announced it had identified an error affecting its financial statements, specifically regarding purchased transportation costs and accounts payable [3]. - The company stated that the financial statements for the first three quarters of 2025 should no longer be relied upon due to this error [3]. - On February 5, 2026, Hub Group announced a delay in the release of its fourth quarter and full year 2025 financial results and confirmed that it would restate its financial statements for the first three quarters of 2025 [4]. Group 2: Market Reaction - Following the announcement on February 5, 2026, Hub Group's share price fell by $9.37, approximately 18.3%, from $51.33 to $41.96 per share [4]. Group 3: Legal Investigation - Kirby McInerney LLP is conducting an investigation on behalf of Hub Group investors to determine if claims can be made under federal securities laws [5]. - As of now, no lawsuit has been filed, and the investigation is ongoing [5].
HUBG Investor News: If You Have Suffered Losses in Hub Group, Inc. (NASDAQ: HUBG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Globenewswire· 2026-02-11 22:06
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: Investigation and Legal Action - Shareholders who purchased Hub Group securities may be entitled to compensation through a contingency fee arrangement, as Rosen Law Firm prepares a class action to recover investor losses [2]. - The investigation follows Hub Group's announcement of a financial error that led to the understatement of purchased transportation costs and accounts payable for the first nine months of 2025, necessitating a restatement of financial statements for the first three quarters of 2025 [3]. Group 2: Financial Impact - Following the announcement of the financial error, 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 counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company and significant recoveries for investors [4].
HUBG Stock Drop: Hub Group Inc. Stock Plummets 24% after Restatement Issues Revealed – Investors with Losses Notified to Contact BFA Law about its Investigation
Globenewswire· 2026-02-11 12:10
Core Viewpoint - Hub Group Inc. is under investigation for potential violations of federal securities laws, specifically regarding misrepresentation of transportation costs and accounts payable for the first nine months of 2025 [1][2]. Group 1: Investigation Details - Bleichmar Fonti & Auld LLP is leading the investigation into Hub Group for possible misrepresentation of financial data [1][2]. - The investigation focuses on whether Hub Group inaccurately reported its purchased transportation costs and accounts payable [2]. Group 2: Stock Performance - Hub Group announced a delay in releasing its fourth quarter and full year 2025 financial results, along with a restatement of its financial statements for the first three quarters of 2025 due to an error in reporting transportation costs and accounts payable [3]. - Following this announcement, Hub Group's stock price dropped over 24% during trading on February 6, 2026 [4].
Rosen Law Firm Encourages Hub Group, Inc. Investors to Inquire About Securities Class Action Investigation - HUBG
Prnewswire· 2026-02-10 22:00
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] Company Summary - Hub Group, Inc. filed a Current Report with the SEC on February 5, 2026, announcing preliminary financial results for the year and fourth quarter ended December 31, 2025 [1] - The report revealed an error that led to the understatement of purchased transportation costs and accounts payable for the first nine months of 2025, prompting Hub Group to plan a restatement of its financial statements for the first three quarters of 2025 [1] - Following this 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 [1] Legal Action Summary - The Rosen Law Firm is preparing a class action to seek recovery of investor losses, allowing affected shareholders to join without any out-of-pocket fees through a contingency fee arrangement [1] - The firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [1] - Rosen Law Firm has a history of significant recoveries for investors, including over $438 million in 2019 alone, and has been recognized for its performance in securities class action settlements [1]
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Hub Group
TMX Newsfile· 2026-02-10 15:38
Core Insights - Hub Group, Inc. experienced a significant decline in stock value due to a $77 million accounting error related to purchased transportation costs and accounts payable, leading to a restatement of prior financial results [4] - The company's stock fell approximately 25% intraday following the announcement, which coincided with the release of preliminary fourth-quarter and full-year 2025 results and a delay in filing updated financial statements [4] Company Overview - Hub Group, Inc. is a logistics company listed on NASDAQ under the ticker HUBG [2] - The company has faced scrutiny due to the recent accounting error, which has prompted investigations into potential claims against it [2][4] Legal Context - Faruqi & Faruqi, LLP, a national securities law firm, is investigating potential claims against Hub Group for investors who suffered significant losses [2][3] - Investors are encouraged to contact the firm to discuss their legal rights regarding the losses incurred [1]
$HUBG STOCK LOSS NOTICE: Hub Group Inc. Investigated for Securities Fraud over Financial Restatements, Investors Urged to Contact BFA Law
TMX Newsfile· 2026-02-10 11:48
Core Viewpoint - Hub Group Inc. is under investigation for potential violations of federal securities laws, specifically regarding misrepresentation of transportation costs and accounts payable for the first nine months of 2025 [2]. Company Overview - Hub Group is a major supply chain solutions provider in North America, specializing in transportation and logistics management services [2]. Investigation Details - The investigation by Bleichmar Fonti & Auld LLP focuses on whether Hub Group misrepresented its financial data, particularly its purchased transportation costs and accounts payable [2]. - The firm is encouraging investors to seek additional information regarding their legal options [5]. Stock Performance - Hub Group's stock experienced a significant decline of over 24% on February 6, 2026, following the announcement of a delay in the release of its fourth quarter and full year 2025 financial results [4]. - The company announced it would restate its financial statements for the first three quarters of 2025 due to an error that understated purchased transportation costs and accounts payable [3].
HUB GROUP, INC. INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
Businesswire· 2026-02-09 23:00
Core Viewpoint - The law firm Kirby McInerney LLP is investigating potential claims against Hub Group, Inc. regarding possible violations of federal securities laws or unlawful business practices [1]. Group 1: Investigation Details - The investigation focuses on whether Hub Group and/or its senior management may have engaged in unlawful activities [1]. - On January 5, 2026, Hub Group disclosed an error that led to an understatement, which is a key aspect of the investigation [1].
Rosen Law Firm Encourages Hub Group, Inc. Investors to Inquire About Securities Class Action Investigation – HUBG
Businesswire· 2026-02-09 22:27
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: Investigation Details - The investigation is focused on whether Hub Group may have misled the investing public regarding its business information [1] - Shareholders who purchased Hub Group securities may be entitled to compensation without any out-of-pocket fees or costs through a contingency fee arrangement [1]
HUB GROUP ALERT: Bragar Eagel & Squire, P.C. is Investigating Hub Group, Inc. on Behalf of Hub Group Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2026-02-09 21:10
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Hub Group, Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on whether Hub Group has engaged in unlawful business practices that may have led to financial losses for investors [1][2]. - Hub Group disclosed an error on January 5, 2026, regarding the understatement of purchased transportation costs and accounts payable for the first nine months of 2025, indicating that prior financial statements should no longer be relied upon [6]. Stock Price Impact - Following the announcement of the error, Hub Group's stock price experienced a significant decline, falling as much as 27% during intraday trading on February 6, 2026, which has adversely affected investors [6]. Next Steps - Investors who purchased or acquired Hub Group shares and suffered losses are encouraged to contact Bragar Eagel & Squire for more information regarding their legal rights and potential claims [3].
Securities Fraud Investigation Into Hub Group, Inc. (HUBG) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm
Businesswire· 2026-02-09 19:06
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Hub Group, Inc. ("Hub Group†or the "Company†) (NASDAQ: HUBG) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON HUB GROUP, INC. (HUBG), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On Febr. ...