PubMatic(US:PUBM) Prnewswire·2025-09-06 13:11Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against PubMatic, Inc. due to allegations of violations of federal securities laws related to misleading statements and undisclosed information regarding a significant reduction in ad spend from a top demand-side platform (DSP) buyer [3][4]. Group 1: Allegations and Financial Impact - The complaint alleges that PubMatic and its executives made false or misleading statements and failed to disclose that a top DSP buyer was shifting clients to a new platform, leading to a reduction in ad spend and revenue [3]. - Following the release of its 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, due to the negative outlook regarding ad spend [4]. Group 2: Legal Proceedings and Investor Actions - Investors who purchased securities in PubMatic between February 27, 2025, and August 11, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights, with a deadline of October 20, 2025, to seek the role of lead plaintiff in the class action [1][5]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [5].