Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of PubMatic, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions that affected the company's stock value during a specified period [1][2]. Group 1: Allegations and Impact - The class period for the allegations is from February 27, 2025, to August 11, 2025 [2]. - Allegations include that a major demand side platform buyer shifted clients to a new platform, leading to a reduction in ad spend and revenue for PubMatic [2]. - The complaint asserts that the defendants made materially false and misleading statements about the company's business and prospects, lacking a reasonable basis [2]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by the deadline of October 20, 2025, to potentially be appointed as lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to deceitful practices by companies [4]. - The firm emphasizes the importance of responsible business practices and corporate citizenship [4].
The Gross Law Firm Notifies PubMatic, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - PUBM