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].

Core Viewpoint - A class action lawsuit has been filed against StubHub Holdings, Inc. on behalf of investors who acquired StubHub securities during the specified class period, particularly related to the company's September 2025 IPO [1][2]. Group 1: Lawsuit Details - The lawsuit claims that StubHub's IPO Registration Statement did not disclose significant changes in the timing of payments to vendors, which adversely affected the company's free cash flow [3]. - Investors who purchased StubHub securities during the class period have until January 23, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Company Overview - StubHub, based in New York, operates a digital ticketing marketplace for various live event categories globally [2]. - Berger Montague, the law firm representing the plaintiffs, is recognized for its expertise in complex civil litigation and has recovered over $50 billion for clients over its 55-year history [4].

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].

NEW YORK, Jan. 08, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of StubHub Holdings, Inc. (NYSE: STUB). Shareholders who purchased shares of STUB during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/stubhub-holdings-inc-loss-submission-form/?id=182864&from=3 CLASS PERIOD: Thi ...

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][2]. Group 1: Allegations - The complaint alleges that during the class period, the company issued materially false and misleading statements and failed to disclose significant changes in the timing of payments to vendors [2]. - These changes adversely impacted the company's free cash flow, leading to materially misleading reports regarding free cash flow for the trailing 12 months [2]. - As a result of these issues, the positive statements made by the company about its business operations and prospects were deemed materially misleading and lacked a reasonable basis [2]. Group 2: Class Action Details - The deadline for shareholders to register for the class action is January 23, 2026, and they are encouraged to register without delay [3]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [3]. - There is no cost or obligation for shareholders to participate in this case [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [4]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who incurred losses due to misleading statements or omissions of material information [4].

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][4]. 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 [3][8]. - The core allegation of the lawsuit is that StubHub failed to disclose critical changes in vendor payment timing that adversely affected its liquidity [3][7]. 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, attributed to changes in vendor payment timing [5][6]. - Following the disclosure of this financial downturn, StubHub's stock price fell over 20% in one day and has traded as much as 56% below its IPO price of $23.50 [5]. 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 [9][10].