Workflow
PUBM INVESTOR DEADLINE: PubMatic, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
PubMaticPubMatic(US:PUBM) Prnewswireยท2025-09-02 12:15

Core Viewpoint - The PubMatic class action lawsuit alleges that the company and certain executives violated the Securities Exchange Act of 1934, with claims of misleading statements and undisclosed information regarding a significant reduction in ad spend from a top demand-side platform (DSP) buyer [1][4][5]. Group 1: Company Overview - PubMatic is a technology company that provides a cloud infrastructure platform for real-time programmatic advertising transactions, serving digital content creators, advertisers, agencies, and DSPs [3]. Group 2: Allegations and Impact - The lawsuit claims that during the Class Period, PubMatic failed to disclose that a major DSP buyer was shifting clients to a new platform, leading to a decrease in ad spend and revenue [4]. - Following the release of its Q2 2025 financial report on August 11, 2025, which indicated a reduction in ad spend from a top DSP partner, PubMatic's stock price fell by more than 21% [5]. Group 3: Legal Process - Investors who purchased PubMatic securities during the Class Period can seek to be appointed as lead plaintiff in the class action lawsuit, representing the interests of all class members [6].