STUB INVESTOR NOTICE: StubHub Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - RGRD Law

Core Viewpoint - The StubHub class action lawsuit alleges that the company and its executives misled investors regarding the financial health of the company during its IPO, leading to significant stock price declines after the release of disappointing financial results [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Salabaj v. StubHub Holdings, Inc., and it charges StubHub and certain executives with violations of the Securities Act of 1933 [1]. - Investors who purchased StubHub common stock during its IPO on September 17, 2025, have until January 23, 2026, to seek appointment as lead plaintiff [1][2]. - The lawsuit claims that StubHub's IPO offering documents were materially false and misleading, particularly regarding changes in payment timing to vendors that adversely affected free cash flow [3]. Group 2: Financial Performance and Impact - StubHub's IPO involved the issuance of approximately 34 million shares at an offering price of $23.50 per share [2]. - The company reported a free cash flow of negative $4.6 million for Q3 2025, representing a 143% decrease year-over-year, and net cash from operating activities of $3.8 million, a 69.3% decrease [3]. - Following the release of these financial results, StubHub's stock price fell nearly 21%, and by the time the lawsuit commenced, the stock was trading at $10.31 per share, a decline of nearly 56% from the IPO price [3][4]. Group 3: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased StubHub common stock during the IPO to seek lead plaintiff status in the class action lawsuit [5]. - The lead plaintiff will represent the interests of all class members and can select a law firm of their choice for litigation [5]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been recognized for its significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [6].