Deadline Alert: PubMatic, Inc. (PUBM) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Core Viewpoint - The article discusses a class action lawsuit against PubMatic, Inc. due to significant stock price decline following the company's second quarter 2025 financial report, which revealed adverse changes in ad spending from a key partner [1][2][3]. Summary by Sections Company Performance - On August 11, 2025, PubMatic reported a reduction in ad spend from one of its top Demand-Side Platform (DSP) partners, leading to a stock price drop of $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025 [2]. Lawsuit Details - The class action lawsuit alleges that during the Class Period (February 27, 2025, to August 11, 2025), PubMatic's executives made materially false and misleading statements regarding the company's business and prospects. Specifically, they failed to disclose the shift of clients to a new platform by a top DSP buyer, which resulted in reduced ad spend and revenue [3][4]. Investor Actions - Investors who purchased PubMatic securities during the Class Period are encouraged to file a lead plaintiff motion by October 20, 2025, to participate in the class action lawsuit [1][4].