Core Viewpoint - A class action complaint has been filed against StubHub Holdings, Inc. and certain senior officers, alleging violations of the Securities Act of 1933 related to the company's September 2025 IPO, specifically regarding misrepresentations in the Registration Statement [1][4]. Group 1: Legal Action Details - The complaint was filed in the United States District Court for the Southern District of New York on behalf of investors who purchased StubHub common stock during the IPO [1]. - The allegations include that the defendants failed to disclose significant changes in payment timing to vendors, which adversely affected the company's free cash flow [4]. Group 2: Financial Impact - The changes in payment timing had a significant adverse impact on the trailing 12 months (TTM) free cash flow, leading to materially misleading reports regarding the company's financial health [4]. Group 3: Class Action Participation - Investors wishing to serve as lead plaintiffs must file papers by January 23, 2026, although participation as a lead plaintiff is not required to share in any potential recovery [5].
SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against StubHub Holdings, Inc. (NYSE: STUB)