Core Viewpoint - The class action complaint against StubHub alleges that the company made materially false and misleading statements regarding its business operations and financial health, particularly concerning free cash flow and vendor payment timing [2]. Financial Performance - StubHub's third quarter 2025 financial results revealed a free cash flow of negative $4.6 million, representing a 143% decrease from the previous year's positive free cash flow of $10.6 million [4]. - The company's net cash provided by operating activities was reported at $3.8 million, a 69.3% decrease from $12.4 million in the same period last year [4]. Stock Performance - Following the release of the negative financial results, StubHub's stock price fell by $3.95 per share, or 20.9%, closing at $14.87 on November 14, 2025, with unusually high trading volume [5]. - By the time of the class action commencement, StubHub's stock had declined to as low as $10.31 per share, marking a nearly 56% drop from the IPO price of $23.50 per share [6].
STUB DEADLINE: Faruqi & Faruqi Reminds StubHub Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 23, 2026