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Deadline Alert: PubMatic, Inc. (PUBM) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
GlobeNewswire News Room· 2025-08-26 16:00
Core Viewpoint - PubMatic, Inc. is facing a class action lawsuit due to alleged misleading statements regarding its business operations and a significant reduction in ad spend from a top demand-side platform (DSP) partner, which negatively impacted its stock price [2][3]. Group 1: Company Financial Performance - On August 11, 2025, PubMatic released its Q2 2025 financial report, revealing a reduction in ad spend from one of its top DSP partners [2]. - The stock price of PubMatic fell by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025, following the financial report [2]. Group 2: Lawsuit Details - The class action lawsuit alleges that during the Class Period, PubMatic's executives made materially false and misleading statements and failed to disclose adverse facts about the company's business and prospects [3]. - Specific allegations include the failure to disclose the shift of clients to a new platform by a top DSP buyer, resulting in reduced ad spend and revenue for PubMatic [3]. Group 3: Legal Actions - Investors who purchased PubMatic securities during the Class Period can file a lead plaintiff motion by October 20, 2025, to participate in the class action lawsuit [4].
Levi & Korsinsky Notifies Shareholders of PubMatic, Inc.(PUBM) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-08-26 12:45
Core Viewpoint - A class action securities lawsuit has been filed against PubMatic, Inc. due to alleged securities fraud affecting investors between February 27, 2025, and August 11, 2025 [1][2]. Group 1: Lawsuit Details - The complaint alleges that PubMatic's management made false statements and concealed critical information regarding a major demand side platform buyer shifting clients to a new platform, leading to a reduction in ad spend and revenue [2]. - The lawsuit claims that the positive statements made by the defendants about PubMatic's business and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Investor Participation - Investors who suffered losses during the specified timeframe have until October 20, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in PubMatic, Inc. of Class Action Lawsuit and Upcoming Deadlines - PUBM
Prnewswire· 2025-08-26 02:00
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. concerning allegations of securities fraud and unlawful business practices [2][3]. Group 1: Lawsuit Details - The lawsuit involves claims that PubMatic and certain officers and/or directors engaged in securities fraud or other unlawful business practices [2]. - Investors who purchased or acquired PubMatic securities during the Class Period have until October 20, 2025, to request to be appointed as Lead Plaintiff [3]. Group 2: Financial Performance and Impact - On August 11, 2025, PubMatic announced its financial results for Q2 2025, indicating a reduction in ad spend from a top demand side platform (DSP) partner [3]. - The CEO of PubMatic stated that a significant number of clients had shifted to a new platform, which has caused substantial challenges for the company [3]. - Following the announcement, PubMatic's stock price dropped by $2.23 per share, or 21.1%, closing at $8.34 per share on August 12, 2025 [3].
PUBM INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that PubMatic, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-08-25 20:00
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. for alleged violations of federal securities laws during the specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for all individuals and entities that purchased PubMatic securities between February 27, 2025, and August 11, 2025 [2]. - The complaint alleges that PubMatic's executives made materially false and misleading statements and failed to disclose adverse facts about the company's business and operations [3]. - Specific allegations include the failure to disclose a significant shift of clients by a top DSP buyer to a new platform, resulting in reduced ad spend and revenue for PubMatic [3]. Group 2: Next Steps - Investors who suffered losses in PubMatic have until October 20, 2025, to request to be appointed as lead plaintiff in the case [4]. - A copy of the complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if the case is successful [5]. - Bronstein, Gewirtz & Grossman, LLC has a history of recovering hundreds of millions of dollars for investors in securities fraud cases [6].
PUBM Investors Have Opportunity to Lead PubMatic, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-08-25 08:27
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. for alleged violations of securities laws, specifically related to misleading statements made by the company regarding its business operations and financial performance [1][4]. Group 1: Lawsuit Details - The lawsuit is based on allegations that PubMatic made false and misleading statements to the market, particularly about a significant buyer shifting clients to a competing platform, which negatively impacted the company's inventory and ad spend [4]. - The class period for the lawsuit is defined as from February 27, 2025, to August 11, 2025, during which investors are encouraged to contact the Schall Law Firm if they suffered losses [2]. Group 2: Investor Participation - Investors who purchased PubMatic securities during the class period are urged to reach out to the Schall Law Firm before October 20, 2025, to discuss their rights and potential participation in the lawsuit [2][3]. - The class has not yet been certified, meaning that until certification occurs, affected investors are not represented by an attorney [3]. Group 3: Company Impact - The lawsuit claims that the misleading statements led to significant damages for investors once the truth about PubMatic's business situation was revealed [4].
ROSEN, A TOP RANKED LAW FIRM, Encourages PubMatic, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PUBM
GlobeNewswire News Room· 2025-08-25 00:02
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased PubMatic, Inc. securities between February 27, 2025, and August 11, 2025, due to alleged misleading statements by the company regarding its business operations and revenue impacts from a significant demand side platform buyer [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that PubMatic made false and misleading statements about its business, failing to disclose a shift of clients from a top demand side platform buyer to a new platform, which resulted in reduced ad spend and revenue [5]. - Investors who purchased PubMatic securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Next Steps for Investors - Investors interested in joining the class action can do so by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by October 20, 2025, to represent the class in the litigation [1][3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
PUBM Stockholder Notice: Robbins LLP Reminds Investors of the Class Action Lawsuit Against PubMatic, Inc.
GlobeNewswire News Room· 2025-08-22 23:39
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. for allegedly misleading investors about its business prospects during a specific period, leading to a significant drop in stock price following the release of disappointing financial results [1][2][3]. Company Overview - PubMatic, Inc. is a technology company that facilitates real-time programmatic advertising transactions for advertisers, agencies, and demand-side platforms (DSPs) [1]. Allegations - The lawsuit claims that during the class period, PubMatic failed to disclose critical information regarding a major DSP buyer shifting clients to a new platform, which impacted ad spend and revenue [2]. - The complaint highlights that on August 11, 2025, PubMatic reported a reduction in ad spend from one of its top DSP partners, which was attributed to the shift in inventory evaluation methods by the DSP [3]. Financial Impact - Following the announcement of the second quarter 2025 financial results, PubMatic's stock price fell by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025 [3]. Legal Proceedings - Shareholders interested in participating in the class action must submit their papers by October 20, 2025, to serve as lead plaintiff, representing the interests of other class members [4].
PUBM Investors with Losses in Excess of $100K Have Opportunity to Lead PubMatic, Inc. Securities Lawsuit
Prnewswire· 2025-08-22 21:40
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of investors who purchased PubMatic, Inc. securities between February 27, 2025, and August 11, 2025, due to alleged misleading statements by the company regarding its business operations and revenue impacts from a significant demand side platform buyer [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that PubMatic made false and misleading statements, failing to disclose a shift of clients from a top demand side platform buyer to a new platform, which negatively impacted PubMatic's ad spend and revenue [5]. - Investors who purchased PubMatic securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must move the Court by October 20, 2025, to represent other class members in the litigation [1][3]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4]. - Many attorneys at Rosen Law Firm have received recognition from Lawdragon and Super Lawyers, highlighting the firm's expertise in this area [4].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PubMatic, Inc. - PUBM
Prnewswire· 2025-08-22 14:00
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving PubMatic and its executives following disappointing financial guidance and a significant stock price drop [1][2]. Financial Performance - On August 11, 2025, PubMatic announced its Q2 2025 financial results, providing a revenue guidance for Q3 2025 between $61 million and $66 million, which fell short of consensus estimates of $70.77 million [2]. - The disappointing guidance was attributed to an impact from one of PubMatic's top demand-side platform buyers [2]. - Following the announcement, PubMatic's stock price decreased by $2.23 per share, or 21.1%, closing at $8.34 per share on August 12, 2025 [2]. Legal Context - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, having a long history of fighting for victims of securities fraud and corporate misconduct [3]. - The firm has successfully recovered numerous multimillion-dollar damages awards for class members over its 85-year history [3].
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of PubMatic
Prnewswire· 2025-08-22 13:52
Core Viewpoint - The complaint against PubMatic alleges violations of federal securities laws due to misleading statements regarding a significant reduction in ad spend from a top DSP buyer, which impacted the company's revenue and outlook [2][3]. Group 1: Allegations and Impact - The complaint claims that PubMatic and its executives failed to disclose that a major DSP buyer was transitioning clients to a new platform that evaluates inventory differently [2]. - As a result of this transition, PubMatic experienced a reduction in ad spend and revenue from this top DSP buyer [2]. - The misleading statements made by the defendants regarding the company's business operations and prospects were deemed materially misleading and lacked a reasonable basis [2]. Group 2: Financial Report and Market Reaction - On August 11, 2025, PubMatic released its Q2 2025 financial report, indicating a reduction in ad spend from one of its top DSP partners [3]. - CEO Rajeev Goel acknowledged the challenges posed by the inventory valuation change, stating the need for better prioritization of ad impressions sent to the DSP [3]. - Following this announcement, PubMatic's stock price fell by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025, with unusually high trading volume [3].