RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against StubHub Holdings, Inc. ("StubHub†) (NYSE: STUB) on behalf of those who purchased or otherwise acquired StubHub common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the "Offering Documents†) issued in connection with StubHub's September 2025 initial public offering. The l ...

Core Viewpoint - RPM Capital Partners has initiated a new position in StubHub Holdings, acquiring 535,850 shares valued at $7.25 million, representing a significant investment in the company amidst a challenging IPO environment [2][3][10]. Company Overview - StubHub Holdings is a leading technology company specializing in secondary ticketing for live events, facilitating millions of ticket transactions annually through its digital platform [6][8]. - As of the latest report, StubHub's market capitalization stands at $5.58 billion, with a revenue of $1.83 billion and a net income of -$1.32 billion [5]. Financial Performance - In the latest quarter, StubHub reported $2.4 billion in gross merchandise sales, an 11% increase year over year, and $468 million in revenue, up 8% [11]. - Adjusted EBITDA rose by 21% to $67 million, despite a significant one-time stock-based compensation charge of $1.4 billion related to the IPO [11]. - The company's net leverage improved to 3.9 times adjusted EBITDA following a $750 million debt reduction, enhancing balance sheet flexibility [11]. Investment Implications - RPM Capital Partners' investment in StubHub, which constitutes 6.36% of its reported U.S. equity assets, indicates a strategic focus on companies with solid underlying marketplace economics despite market volatility [4][10]. - The addition of StubHub as a significant position alongside Semrush suggests a selective expansion strategy rather than a shift in investment style, contrasting with other managers reducing exposure to rate-sensitive assets [12].

New York, New York--(Newsfile Corp. - January 15, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of StubHub Holdings, Inc. (NYSE: STUB) pursuant and/or traceable to the Registration Statement issued in connection with StubHub's September 2025 initial public offering (the "IPO"), of the important January 23, 2026 lead plaintiff deadline.SO WHAT: If you purchased StubHub common stock you may be entitled to compensation without payment of any out of pocket f ...

Core Viewpoint - A class action lawsuit has been filed against StubHub Holdings, Inc. for failing to disclose significant changes affecting its cash flow during its IPO period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired StubHub securities from September 14, 2025, to November 24, 2025, including shares from the September 2025 IPO [1]. - Investors have until January 23, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Company Overview - StubHub is a major platform for reselling tickets for various live events, including sports, concerts, and theater performances [2]. - The company is headquartered in New York City [2]. Group 3: Legal Firm Background - Berger Montague is a leading law firm specializing in complex civil litigation and class actions, with a history of recovering over $50 billion for clients [4].

Core Viewpoint - The StubHub class action lawsuit alleges that the company and its executives misled investors during its IPO by failing to disclose significant changes affecting its cash flow, leading to substantial financial losses for shareholders [1][3][4]. Group 1: Class Action Lawsuit Details - The lawsuit, titled Salabaj v. StubHub Holdings, Inc., was initiated by investors who purchased StubHub common stock during its IPO on September 17, 2025, where approximately 34 million shares were issued at $23.50 per share [1][2]. - Investors have until January 23, 2026, to seek appointment as lead plaintiff in the class action lawsuit [1]. Group 2: Allegations Against StubHub - The lawsuit claims that StubHub's IPO offering documents were materially false and misleading, omitting critical information about changes in payment timing to vendors that adversely affected free cash flow [3]. - StubHub reported a free cash flow of negative $4.6 million for Q3 2025, marking a 143% decrease year-over-year, and a 69.3% decrease in net cash provided by operating activities [3]. - Following the release of these financial results, StubHub's stock price dropped nearly 21%, and by the time the lawsuit commenced, the stock was trading at $10.31 per share, a decline of nearly 56% from the IPO price [3][4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who acquired StubHub stock during the IPO to seek lead plaintiff status, representing the interests of the class [5]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized as a leading firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [6].

Core Viewpoint - The Gross Law Firm is notifying shareholders of StubHub Holdings, Inc. regarding a class action lawsuit related to misleading statements made by the company during its initial public offering in September 2025 [1][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of individuals and entities that purchased StubHub common stock during the specified class period [3]. - Allegations include that the company failed to disclose significant changes in payment timing to vendors, which adversely affected free cash flow [4]. - The complaint asserts that the company's free cash flow reports were materially misleading, impacting the credibility of positive statements made about its business and operations [4]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by January 23, 2026, to potentially be appointed as lead plaintiffs [5]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [5]. - Participation in the case incurs no cost or obligation for shareholders [5]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [6]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [6].

Philadelphia, Pennsylvania--(Newsfile Corp. - January 14, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against StubHub Holdings, Inc. (NYSE: STUB) ("StubHub" or the "Company") on behalf of investors who purchased or otherwise acquired StubHub securities during the period of September 14, 2025 through November 24, 2025 (the "Class Period"), including shares issued pursuant and/or traceable to StubHub's September 2025 initial public offering (" ...

PHILADELPHIA, Jan. 12, 2026 (GLOBE NEWSWIRE) -- National plaintiffs’ law firm Berger Montague PC announces that a class action lawsuit has been filed against StubHub Holdings, Inc. (NYSE: STUB) (“StubHub” or the “Company”) on behalf of investors who purchased or otherwise acquired StubHub securities during the period of September 14, 2025 through November 24, 2025 (the “Class Period”), including shares issued pursuant and/or traceable to StubHub’s September 2025 initial public offering (“IPO”). Investor Dea ...

Core Viewpoint - Kustom Entertainment, Inc. has divested its 51% stake in Nobility Healthcare to focus on its live event production and online ticketing business, reflecting a strategic shift towards a high-growth market with a $100 billion global addressable market [1][2][8] Group 1: Transaction Details - The sale of the majority stake in Nobility Healthcare was completed for total estimated proceeds of $1.45 million, closing on January 8, 2026 [2] - The transaction included immediate liquidity of $100,000 in cash, $209,501 in debt and working capital credits, and a promissory note of $1,140,499 with 6% interest [5] Group 2: Strategic Shift - The divestiture allows the company to streamline operations and focus exclusively on live entertainment and online ticketing, which is expected to be the primary growth engine [2] - The company aims to control the entire fan experience from ticket purchase to the end of the event, enhancing its service offerings [2] Group 3: Event Expansion - The Country Stampede Music Festival, a key event with a 30-year legacy, will be central to the company's new strategy, serving as a model for scaling event production and ticketing services nationwide [3] - The 2026 Country Stampede will feature a diverse lineup, showcasing a deliberate booking strategy that appeals to various generations and fan bases [4][6] Group 4: Future Outlook - The company is actively seeking to add new accretive businesses and services that align with its focus on live music events and online ticketing, ensuring a lean corporate structure [7] - Management emphasizes the opportunity in the entertainment sector, moving from a regional to a nationwide strategy [8]

Core Viewpoint - The StubHub class action lawsuit alleges that the company and its executives misled investors regarding the financial health of the company during its IPO, leading to significant stock price declines after the release of disappointing financial results [3][4]. Group 1: Class Action Lawsuit Details - The lawsuit, titled Salabaj v. StubHub Holdings, Inc., claims that StubHub and its executives violated the Securities Act of 1933 during the IPO process [1]. - Investors who purchased StubHub common stock during the IPO, which occurred on September 17, 2025, at an offering price of $23.50 per share, have until January 23, 2026, to seek appointment as lead plaintiff [2][5]. - The lawsuit alleges that the IPO's offering documents were materially false and misleading, particularly regarding changes in payment timing to vendors that adversely affected free cash flow [3]. Group 2: Financial Performance and Impact - StubHub reported a free cash flow of negative $4.6 million for Q3 2025, marking a 143% decrease year-over-year, and a net cash provided by operating activities of only $3.8 million, a 69.3% decrease [3]. - Following the release of these financial results on November 13, 2025, StubHub's stock price fell nearly 21% [3]. - By the time the class action lawsuit commenced, StubHub's stock price had dropped to as low as $10.31 per share, representing a nearly 56% decline from the IPO price [4]. Group 3: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been recognized for its significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [6].