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Faruqi & Faruqi Reminds PubMatic Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 20, 2025 – PUBM
PubMaticPubMatic(US:PUBM) GlobeNewswire News Room·2025-08-29 15:20

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against PubMatic, Inc. due to allegations of misleading statements and a significant drop in stock price following the company's financial report [4][6][7]. Group 1: Legal Investigation - Faruqi & Faruqi is encouraging investors who suffered losses exceeding $50,000 in PubMatic between February 27, 2025, and August 11, 2025, to discuss their legal options [1]. - The firm has set an October 20, 2025, deadline for investors to seek the role of lead plaintiff in a federal securities class action against PubMatic [4]. - The investigation is focused on claims that PubMatic and its executives violated federal securities laws by making false or misleading statements [6]. Group 2: Financial Performance and Impact - On August 11, 2025, PubMatic reported a reduction in ad spend from one of its top demand-side platform (DSP) partners, which negatively impacted its financial outlook [7]. - Following the release of the second quarter 2025 financial report, PubMatic's stock price fell by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025, amid heavy trading volume [7]. - The CEO of PubMatic indicated that a top DSP buyer had shifted clients to a new platform, leading to significant operational challenges for the company [7].