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The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of October 20, 2025 in PubMatic, Inc. Lawsuit - PUBM
PubMaticPubMatic(US:PUBM) Prnewswireยท2025-09-22 12:45

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of PubMatic, Inc. regarding a class action lawsuit due to allegations of misleading statements and undisclosed information that negatively impacted the company's stock value during a specified period [1]. Group 1: Allegations and Impact - The complaint alleges that during the class period from February 27, 2025, to August 11, 2025, PubMatic's defendants made materially false and misleading statements [1]. - A significant demand side platform buyer shifted clients to a new platform, leading to a reduction in ad spend and revenue for PubMatic [1]. - The misleading statements about the company's business and prospects lacked a reasonable basis due to the aforementioned issues [1]. Group 2: Class Action Details - Shareholders who purchased shares of PUBM during the specified class period are encouraged to register for the class action, with a deadline of October 20, 2025, to seek lead plaintiff status [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices, ensuring companies adhere to responsible business practices [3].