Core Viewpoint - Hagens Berman is notifying investors about a securities class action against StubHub Holdings, Inc. regarding undisclosed trends in its IPO documents that allegedly led to a significant decline in free cash flow [1][5]. Group 1: Legal Proceedings - The lead plaintiff deadline for the class action is set for January 23, 2026 [4]. - The lawsuit claims that StubHub failed to disclose adverse vendor payment trends that negatively impacted liquidity [4][8]. - Investors who purchased StubHub securities during the September 2025 IPO and incurred losses are encouraged to contact the firm [3]. Group 2: Financial Impact - StubHub reported a free cash flow decline of 143%, resulting in a negative cash flow of $4.6 million for the quarter ending November 13, 2025 [6]. - The company's stock price fell over 20% in one day following the announcement of its financial results and has traded as much as 56% below its IPO price of $23.50 [6]. Group 3: Company Disclosures - The lawsuit challenges the transparency of StubHub's IPO Registration Statement, alleging that it misrepresented the company's financial health while omitting critical information about vendor payment timing changes [5][8]. - Hagens Berman is investigating whether the IPO documents should have disclosed the vendor payment issues that significantly affected free cash flow [7].
STUB 2-WEEK DEADLINE ALERT: Hagens Berman Notifies StubHub Holdings, Inc. (STUB) Investors of Jan. 23 Deadline in IPO Securities Class Action Investigation