PubMatic, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before October 20, 2025 to Discuss Your Rights - PUBM
PubMaticPubMatic(US:PUBM) Prnewswire·2025-09-26 13:00

Core Viewpoint - A class action securities lawsuit has been filed against PubMatic, Inc. for alleged securities fraud affecting investors between February 27, 2025, and August 11, 2025 [1][2]. Group 1: Lawsuit Details - The complaint alleges that defendants made false statements and concealed information regarding a significant shift of clients from a top demand side platform buyer to a new platform, which evaluated inventory differently [2]. - As a result of this shift, PubMatic experienced a reduction in ad spend and revenue from this top demand side platform buyer [2]. - The lawsuit claims that the defendants' positive statements about PubMatic's business, operations, and prospects were materially misleading and lacked a reasonable basis [2]. Group 2: Next Steps for Investors - Investors who suffered losses in PubMatic, Inc. during the specified time frame have until October 20, 2025, to request the Court to appoint them as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a 20-year track record of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].