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PUBMATIC CLASS ACTION REMINDER: Bragar Eagel & Squire, P.C. Reminds Investors of the Class Action Filed Against PubMatic and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-03 15:27
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. for allegedly making materially false and misleading statements regarding its business operations and financial outlook during the Class Period from February 27, 2025, to August 11, 2025 [6]. Allegation Details - The lawsuit claims that PubMatic failed to disclose significant adverse facts, including a top Demand-Side Platform (DSP) buyer shifting clients to a new platform, leading to a reduction in ad spend and revenue [6]. - The complaint highlights that the positive statements made by PubMatic regarding its business were misleading and lacked a reasonable basis due to these undisclosed issues [6]. Financial Impact - Following the release of its second quarter 2025 financial report on August 11, 2025, which revealed a reduction in ad spend from a top DSP partner, PubMatic's stock price dropped by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025 [6].
PUBM Investors with Losses in Excess of $50K Have Opportunity to Lead PubMatic, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-10-02 18:16
Core Viewpoint - Rosen Law Firm is reminding investors who purchased PubMatic, Inc. securities during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][3]. Group 1: Class Action Details - Investors who bought PubMatic securities between February 27, 2025, and August 11, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the court to serve as lead plaintiff by October 20, 2025 [3]. Group 2: Case Background - The lawsuit alleges that during the class period, PubMatic made false and misleading statements regarding its business operations, specifically related to a significant demand side platform buyer shifting clients to a new platform, which negatively impacted PubMatic's ad spend and revenue [5]. - The misleading statements led to investor damages when the true situation was revealed [5]. Group 3: 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 securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of PubMatic
Prnewswire· 2025-10-02 15:51
Accessibility StatementSkip Navigation Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In PubMatic To Contact Him Directly To Discuss Their Options The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve ...
PUBM Stockholders Should Contact Shareholder Rights Law Firm Robbins LLP Before the Lead Plaintiff Deadline for Information About Leading the Securities Fraud Class Action Against PubMatic, Inc.
Prnewswire· 2025-10-02 01:19
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. for allegedly misleading investors about its business prospects during a specific period in 2025 [1][2]. Allegations - The lawsuit claims that PubMatic failed to disclose that a major demand-side platform (DSP) buyer was transitioning clients to a new platform, which affected the evaluation of inventory [2]. - As a result of this transition, PubMatic experienced a decline in advertising spend and revenue from this top DSP buyer [2]. Financial Impact - On August 11, 2025, PubMatic reported its second quarter financial results, indicating a reduction in ad spend from one of its top DSP partners [3]. - CEO Rajeev Goel acknowledged that the shift in inventory evaluation by the DSP buyer created significant challenges for the company [3]. - Following this announcement, PubMatic's stock price dropped by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025 [3]. Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must submit their papers by October 20, 2025 [4]. - Shareholders can remain absent class members if they choose not to participate in the case [4]. Company Background - Robbins LLP is a law firm specializing in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [5].
ROSEN, TOP-RANKED INVESTOR COUNSEL, Encourages PubMatic, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PUBM
Globenewswire· 2025-10-01 22:17
Core Viewpoint - Rosen Law Firm is reminding investors who purchased PubMatic, Inc. securities during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class period for the lawsuit is from February 27, 2025, to August 11, 2025, and the lead plaintiff deadline is October 20, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2][5]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. - The firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company at the time [3]. - In 2019, Rosen Law Firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3]. Group 3: Case Allegations - The lawsuit alleges that during the class period, PubMatic made false and misleading statements regarding its business operations [4]. - Key issues include a major demand side platform buyer shifting clients to a new platform, leading to reduced ad spend and revenue for PubMatic [4]. - The misleading statements resulted in investor damages when the true situation was revealed [4].
PUBM NOTICE: Pubmatic, Inc. Investors Urged to Contact Kirby McInerney LLP About Securities Fraud Lawsuit
Globenewswire· 2025-10-01 22:00
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: Financial Performance - On August 11, 2025, PubMatic reported its second quarter 2025 financial results, revealing a reduction in ad spend from one of its top DSP partners [2]. - The company's stock price fell by $2.23, approximately 21.1%, from $10.57 to $8.34 following the announcement [2]. Group 2: Lawsuit Details - The lawsuit is on behalf of investors who purchased PubMatic securities between February 27, 2025, and August 11, 2025, alleging that the company made materially false and misleading statements [3]. - Specific allegations include 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].
Shareholders that lost money on PubMatic, Inc.(PUBM) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
Globenewswire· 2025-10-01 20:26
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 reduced ad spend and revenue for PubMatic [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 Information - Investors who suffered losses during the specified timeframe have until October 20, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as 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 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]
PUBMATIC LAWSUIT ALERT: Bragar Eagel & Squire, P.C. Encourages Investors PubMatic Investors to Contact the Firm Regarding the Filed Class Action Lawsuit
Globenewswire· 2025-09-29 21:52
Core Points - A class action lawsuit has been filed against PubMatic, Inc. for allegedly making materially false and misleading statements during the Class Period from February 27, 2025, to August 11, 2025 [2][7] - Investors have until October 20, 2025, to apply to be appointed as lead plaintiff in the lawsuit [2] Allegation Details - The lawsuit claims that PubMatic failed to disclose significant adverse facts, including a top DSP buyer shifting clients to a new platform, leading to reduced ad spend and revenue [7] - The company's positive statements regarding its business operations were allegedly misleading due to these undisclosed issues [7] Financial Impact - Following the release of its second quarter 2025 financial report on August 11, 2025, which revealed a reduction in ad spend from a top DSP partner, PubMatic's stock price fell by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025 [7]
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of October 20, 2025 in PubMatic, Inc. Lawsuit – PUBM
Globenewswire· 2025-09-29 20:18
Core Viewpoint - The Gross Law Firm is notifying shareholders of PubMatic, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions that affected the company's stock value during a specified period [1][3]. Group 1: Allegations - The complaint alleges that during the class period from February 27, 2025, to August 11, 2025, PubMatic's management made materially false and misleading statements [3]. - A significant demand side platform buyer shifted clients to a new platform, leading to a reduction in ad spend and revenue for PubMatic [3]. - The positive statements made by the defendants about PubMatic's business and prospects were misleading and lacked a reasonable basis due to the aforementioned issues [3]. Group 2: Class Action Details - Shareholders who purchased shares of PUBM during the class period are encouraged to register for the class action, with a deadline set for October 20, 2025 [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [4]. - There is no cost or obligation for shareholders to participate in the case [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
PubMatic, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before October 20, 2025 to Discuss Your Rights - PUBM
Prnewswire· 2025-09-29 12:45
Core Points - The Gross Law Firm has issued a notice to shareholders of PubMatic, Inc. regarding a class action lawsuit due to alleged misleading statements made by the company during a specified class period [1] - The class period for the lawsuit is from February 27, 2025, to August 11, 2025, during which significant issues regarding ad spend and revenue were raised [1][2] - Allegations include that a major demand side platform buyer shifted clients to a new platform, leading to a reduction in revenue for PubMatic, which contradicts the company's positive statements about its business [1] Summary by Sections Allegations - The complaint alleges that PubMatic failed to disclose that a top demand side platform buyer was moving clients to a different platform, which evaluated inventory differently [1] - This shift resulted in a decrease in ad spend and revenue from this buyer, making the company's positive statements misleading [1] Class Action Details - Shareholders who purchased shares during the class period are encouraged to register for the class action, with a deadline of October 20, 2025, to seek lead plaintiff status [2] - Registration allows shareholders to receive updates on the case's progress through portfolio monitoring software [2] Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3]