STUB INVESTOR ALERT: StubHub Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead the StubHub Class Action Lawsuit

Core Viewpoint - StubHub Holdings, Inc. is facing a class action lawsuit due to alleged violations of the Securities Act of 1933 related to its initial public offering (IPO) on September 17, 2025, where it issued approximately 34 million shares at $23.50 per share [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Salabaj v. StubHub Holdings, Inc., claims that StubHub's IPO offering documents were materially false and misleading, omitting critical information about changes in payment timing to vendors that adversely affected free cash flow [4][5]. - StubHub reported a free cash flow of negative $4.6 million for Q3 2025, marking a 143% decrease year-over-year, and a 69.3% decrease in net cash provided by operating activities, which led to a nearly 21% drop in stock price following the announcement [4][5]. - By the time the class action lawsuit commenced, StubHub's stock price had fallen to $10.31 per share, representing a nearly 56% decline from the IPO price [5]. Group 2: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased StubHub common stock during the IPO to seek appointment as lead plaintiff in the class action lawsuit, representing the interests of all class members [6]. - The lead plaintiff is typically the investor with the greatest financial interest in the case and can select a law firm of their choice for litigation [6]. Group 3: Company Background - StubHub operates a global ticketing marketplace for live events, and the recent financial disclosures have raised concerns about its operational performance and cash flow management [3][4].