PubMatic(US:PUBM) GlobeNewswire News Roomยท2025-09-03 15:52Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against PubMatic, Inc. due to allegations of misleading statements and failure to disclose significant changes affecting the company's revenue and operations [4][6]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in PubMatic between February 27, 2025, and August 11, 2025, to discuss their legal rights [1][4]. - There is a deadline of October 20, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against PubMatic [4][8]. Group 2: Allegations Against PubMatic - The complaint alleges that PubMatic and its executives violated federal securities laws by making false or misleading statements regarding a top DSP buyer shifting clients to a new platform, leading to reduced ad spend and revenue [6]. - Following the release of its second quarter 2025 financial report on August 11, 2025, PubMatic's stock price fell by $2.23, or 21.1%, closing at $8.34 per share due to the disclosed reduction in ad spend from a top DSP partner [7]. Group 3: Company Background - Faruqi & Faruqi, LLP has recovered hundreds of millions of dollars for investors since its founding in 1995 and has offices in New York, Pennsylvania, California, and Georgia [5].