Deadline Alert: PubMatic, Inc. (PUBM) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

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].