Core Viewpoint - Hagens Berman is notifying investors about a pending securities class action against StubHub Holdings, Inc. regarding undisclosed adverse trends in vendor payments that led to a significant decline in free cash flow following its September 2025 IPO [1][3]. Group 1: Legal Proceedings - The lead plaintiff deadline for the StubHub securities class action is set for January 23, 2026 [2]. - The lawsuit alleges that StubHub's IPO documents failed to disclose critical information about changes in vendor payment timing, which adversely affected liquidity [2][6]. - The investigation is focused on whether the company should have disclosed the vendor payment issues in its IPO documents [5]. Group 2: Financial Impact - StubHub reported a free cash flow decline of 143%, resulting in negative $4.6 million for the quarter following its IPO [4]. - The company's stock price dropped over 20% in a single day after the financial results were announced and has traded as much as 56% below its IPO price of $23.50 [4]. Group 3: Investor Communication - Investors who purchased StubHub securities during the September 2025 IPO and experienced losses are encouraged to contact Hagens Berman [2][8]. - The firm is also open to whistleblowers with non-public information regarding StubHub, offering potential rewards for information leading to successful recovery [7][8].
StubHub (STUB) Facing with Securities Lawsuit Over IPO Disclosures -- Hagens Berman