Core Viewpoint - Robbins LLP is investigating allegations that StubHub's IPO registration statement was materially false and misleading, leading to a class action lawsuit by shareholders [1][3]. Group 1: Allegations and Financial Impact - The class action includes shareholders who purchased StubHub Holdings, Inc. common stock related to the registration statement and prospectus from the September 2025 IPO [2]. - Allegations state that the registration statement omitted critical information regarding changes in vendor payment timing, which adversely affected free cash flow, making the reported figures misleading [4]. - StubHub reported a free cash flow of negative $4.6 million for Q3 2025, a 143% decrease from the previous year's positive $10.6 million [5]. - The company's net cash from operating activities fell to $3.8 million, a 69.3% decrease from $12.4 million in the prior year [5]. Group 2: Stock Performance and Class Action Details - Following the disappointing financial results, StubHub's stock price dropped by $3.95 per share, or 20.9%, closing at $14.87 on November 14, 2025 [6]. - By the time the class action commenced, StubHub's stock had declined nearly 56% from its IPO price of $23.50, trading as low as $10.31 per share [6]. - Shareholders interested in participating as lead plaintiffs must file by January 23, 2026, but can remain absent class members without taking action [7].
STUB Stockholders with Large Losses Should Contact Robbins LLP to Learn How to Lead the StubHub Holdings, Inc. Securities Class Action