NYSE: STUB: Kessler Topaz Meltzer & Check, LLP Announces the Filing of a Securities Class Action Lawsuit Against StubHub Holdings, Inc.
StubHub HoldingsStubHub Holdings(US:STUB) Businesswire·2025-11-26 19:20

Core Viewpoint - A securities class action lawsuit has been filed against StubHub Holdings, Inc. by Kessler Topaz Meltzer & Check, LLP on behalf of investors who acquired StubHub common stock during its September 2025 initial public offering, with a lead plaintiff deadline set for January 23, 2026 [1][2]. Allegations Against Defendants - The complaint alleges that the Offering Documents contained false and misleading statements, including: 1. StubHub was experiencing changes in the timing of payments to vendors 2. These changes significantly adversely impacted StubHub's free cash flow, including trailing 12 months free cash flow 3. StubHub's free cash flow reports were materially misleading 4. Defendants' positive statements about the company's business, operations, and prospects were materially false and misleading or lacked a reasonable basis [2]. Lead Plaintiff Process - Investors may seek to be appointed as a lead plaintiff representative of the class by January 23, 2026, or may choose to remain an absent class member. The lead plaintiff will act on behalf of all class members in directing the litigation and is typically the investor or small group of investors with the largest financial interest [3].