Workflow
PubMatic, Inc. Shareholders Who Lost Money on Their Investment are Encouraged to Contact Johnson Fistel about the Class Action Lawsuit
PubMaticPubMatic(US:PUBM) Globenewswireยท2025-09-12 14:25

Core Viewpoint - A class action lawsuit has been initiated against PubMatic, Inc. on behalf of investors who suffered losses during the specified Class Period from February 27, 2025, to August 11, 2025 [1][2]. Summary by Relevant Sections - Lawsuit Details - The lawsuit aims to recover losses for investors who purchased PubMatic securities during the Class Period [1]. - Investors have until October 20, 2025, to seek appointment as lead plaintiff [2]. - Allegations Against Defendants - The lawsuit alleges that the Defendants made materially false and misleading statements and failed to disclose adverse facts about PubMatic's business and operations [3]. - Specific allegations include: - A major Demand-Side Platform (DSP) buyer was shifting clients to a new platform, impacting PubMatic's ad spend and revenue [3]. - Defendants' positive statements regarding the company's prospects were misleading and lacked a reasonable basis due to the undisclosed issues [3].