Core Viewpoint - A securities class action lawsuit has been filed against StubHub Holdings, Inc. for allegedly making false and misleading statements in its Offering Documents related to its September 2025 initial public offering [1][3]. Group 1: Allegations Against StubHub - The lawsuit claims that StubHub failed to disclose significant changes in the timing of payments to vendors, which adversely affected its free cash flow [3]. - It is alleged that these undisclosed changes rendered StubHub's free cash flow reports materially misleading [3]. - The complaint asserts that the positive statements made by StubHub regarding its business operations and prospects were materially false and lacked a reasonable basis due to the undisclosed issues [3]. Group 2: Legal Process and Participation - Investors in StubHub have until January 23, 2026, to seek appointment as lead plaintiff representatives in the class action [4]. - A lead plaintiff is defined as a representative party who acts on behalf of all class members and typically has the largest financial interest in the case [4]. - Investors can choose to remain absent from the proceedings without affecting their ability to share in any potential recovery [4].
Kessler Topaz Meltzer & Check, LLP Reminds StubHub Holdings, Inc. Investors of Important Deadline in Securities Fraud Class Action Lawsuit