Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. regarding allegations of securities fraud and unlawful business practices [2]. Group 1: Lawsuit Details - The class action lawsuit concerns whether PubMatic and certain officers and/or directors engaged in securities fraud or other unlawful business practices [2]. - Investors have until October 20, 2025, to request to be appointed as Lead Plaintiff if they purchased PubMatic securities during the Class Period [2]. Group 2: Financial Performance and Market Reaction - On August 11, 2025, PubMatic announced its financial results for Q2 2025, indicating a reduction in ad spend from a top demand side platform (DSP) partner [4]. - The CEO of PubMatic stated that a significant number of clients had shifted to a new platform, causing challenges in inventory valuation [4]. - Following this announcement, PubMatic's stock price fell by $2.23 per share, or 21.1%, closing at $8.34 per share on August 12, 2025 [4].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in PubMatic, Inc. of Class Action Lawsuit and Upcoming Deadlines - PUBM