Core Viewpoint - Hagens Berman is notifying investors about a 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 IPO in September 2025 [1][3]. Group 1: Legal Proceedings - The lead plaintiff deadline for the class action is set for January 23, 2026, targeting investors who purchased StubHub securities during the September 2025 IPO [2][7]. - The core allegation of the lawsuit is that StubHub failed to disclose critical information about changes in vendor payment timing that adversely affected liquidity [2][6]. Group 2: Financial Impact - StubHub reported a free cash flow decline of 143%, resulting in a negative $4.6 million for the quarter following its IPO, attributed to changes in vendor payment timing [4][6]. - Following the disclosure of this financial impact, StubHub's stock price fell over 20% in one day and has traded as much as 56% below its IPO price of $23.50 [4]. Group 3: Company Background - Hagens Berman is a global plaintiffs' rights complex litigation firm that focuses on corporate accountability and has secured over $2.9 billion for clients in similar cases [8].
STUB 2-DAY DEADLINE ALERT: Hagens Berman Notifies StubHub Holdings, Inc. (STUB) Investors of Jan. 23 Deadline in IPO Securities Class Action Investigation