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][2]. 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 [2]. - It is alleged that these undisclosed changes resulted in materially misleading reports regarding StubHub's free cash flow for the trailing 12 months [2]. - The complaint asserts that the positive statements made by StubHub about its business operations and prospects were materially false and lacked a reasonable basis due to the undisclosed issues [2]. Group 2: Lead Plaintiff Process - Investors in StubHub have until January 23, 2026, to seek appointment as a lead plaintiff representative in the class action [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. law firm specializing in securities-fraud class actions and investor protection [4]. - The firm has a history of leading significant recoveries in securities litigation and has received multiple accolades for its work [4].
Kessler Topaz Meltzer & Check, LLP Notifies StubHub Holdings, Inc. Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit