Core Viewpoint - Rosen Law Firm is reminding purchasers of StubHub Holdings, Inc. common stock about the January 23, 2026 lead plaintiff deadline related to a class action lawsuit following the company's September 2025 IPO [1]. Group 1: Class Action Details - Investors who purchased StubHub common stock may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by January 23, 2026 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that the Registration Statement was materially false and misleading, omitting critical information about changes in payment timing to vendors and their adverse impact on StubHub's free cash flow [5]. - It is claimed that these omissions led to materially misleading statements regarding StubHub's business and operations, resulting in investor damages when the true information became public [5].

Core Insights - The company is rebranding from Digital Ally, Inc. to Kustom Entertainment, Inc. to align with its strategic focus on the live event production and ticketing market, which is valued at over $100 billion [1] - A 1-for-3 reverse stock split will take effect, with trading on a split-adjusted basis starting January 8, 2026 [2][3] - The company is expanding its live events portfolio nationally, leveraging the success of the Country Stampede Music Festival as a model for large-scale events [4] Market Overview - The global music industry is projected to grow from $105 billion in 2024 to nearly $200 billion by 2035, despite a slowdown in growth to 6.2% in 2024 from 15.6% in 2023 [5] - Live music is expected to grow at a compounded annual growth rate of 7.2% from 2024 to 2030, driven by demand from millennials and Gen Z [6] Strategic Focus - The company's ticketing platform aims to provide a comprehensive solution for both its events and third-party venues, enhancing the overall fan experience [7] - The CEO emphasized the importance of the name change and the focus on live event production and ticketing platforms to meet the growing demand for in-person experiences [8] Company Information - Kustom Entertainment, Inc. specializes in large-scale music festivals and offers end-to-end event management and ticketing solutions across the U.S., with the Country Stampede Festival being a flagship event [11]

San Diego, California--(Newsfile Corp. - January 5, 2026) - Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of StubHub Holdings, Inc. (NYSE: STUB) common stock pursuant and/or traceable to StubHub's offering documents issued in connection with StubHub's September 17, 2025 initial public offering ("IPO"), have until Friday, January 23, 2026 to seek appointment as lead plaintiff of the StubHub class action lawsuit. Captioned Salabaj v. StubHub Holdings, Inc., No. 25-cv-09776 (S.D.N.Y. ...

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 defendants about the company's business 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 promptly [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 and illegal business practices [4]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that artificially inflated stock prices [4].

Core Viewpoint - Robbins LLP is investigating allegations that StubHub's IPO registration statement was materially false and misleading, leading to a class action lawsuit by shareholders [1][3]. Group 1: Allegations and Financial Impact - The class action includes shareholders who purchased StubHub Holdings, Inc. common stock related to the registration statement and prospectus from the September 2025 IPO [2]. - Allegations state that the registration statement omitted critical information regarding changes in vendor payment timing, which adversely affected free cash flow, making the reported figures misleading [4]. - StubHub reported a free cash flow of negative $4.6 million for Q3 2025, a 143% decrease from the previous year's positive $10.6 million [5]. - The company's net cash from operating activities fell to $3.8 million, a 69.3% decrease from $12.4 million in the prior year [5]. Group 2: Stock Performance and Class Action Details - Following the disappointing financial results, StubHub's stock price dropped by $3.95 per share, or 20.9%, closing at $14.87 on November 14, 2025 [6]. - By the time the class action commenced, StubHub's stock had declined nearly 56% from its IPO price of $23.50, trading as low as $10.31 per share [6]. - Shareholders interested in participating as lead plaintiffs must file by January 23, 2026, but can remain absent class members without taking action [7].

Core Viewpoint - The class action complaint against StubHub alleges that the company made materially false and misleading statements regarding its business operations and financial health, particularly concerning free cash flow and vendor payment timing [2]. Financial Performance - StubHub's third quarter 2025 financial results revealed a free cash flow of negative $4.6 million, representing a 143% decrease from the previous year's positive free cash flow of $10.6 million [4]. - The company's net cash provided by operating activities was reported at $3.8 million, a 69.3% decrease from $12.4 million in the same period last year [4]. Stock Performance - Following the release of the negative financial results, StubHub's stock price fell by $3.95 per share, or 20.9%, closing at $14.87 on November 14, 2025, with unusually high trading volume [5]. - By the time of the class action commencement, StubHub's stock had declined to as low as $10.31 per share, marking a nearly 56% drop from the IPO price of $23.50 per share [6].

Core Viewpoint - The StubHub class action lawsuit alleges that the company's IPO documents were misleading, leading to significant financial losses for investors following the public offering [3][4]. Company Overview - StubHub Holdings, Inc. operates a ticketing marketplace for live events globally [2]. - The company conducted its IPO on September 17, 2025, issuing approximately 34 million shares at an offering price of $23.50 per share [2]. Financial Performance - The lawsuit claims that StubHub's financial disclosures were materially false or misleading, particularly regarding changes in vendor payment timing that adversely affected free cash flow [3]. - For the third quarter of 2025, StubHub reported a free cash flow of negative $4.6 million, representing a 143% decrease year-over-year [3]. - The net cash provided by operating activities was reported at $3.8 million, a decline of 69.3% [3]. - Following the release of these financial results, StubHub's stock price fell nearly 21% [3]. Stock Performance - By the time the class action lawsuit commenced, StubHub's stock price had dropped to $10.31 per share, marking a nearly 56% decline from the IPO price of $23.50 [4].

Core Viewpoint - The Gross Law Firm has announced a class action lawsuit on behalf of shareholders of StubHub Holdings, Inc. due to allegations of misleading statements and undisclosed information affecting the company's financial performance [1][4]. Group 1: Class Action Details - The lawsuit is aimed at individuals and entities that purchased StubHub common stock during the class period related to the company's September 2025 initial public offering [3]. - Shareholders are encouraged to register for the class action by the deadline of January 23, 2026, to potentially be appointed as lead plaintiffs [5]. Group 2: Allegations Against StubHub - The complaint alleges that StubHub's management issued materially false and misleading statements regarding the company's financial health [4]. - Specific allegations include changes in the timing of payments to vendors that adversely impacted free cash flow, leading to misleading reports on free cash flow [4]. - The lawsuit claims that positive statements made by the defendants about the company's business and prospects lacked a reasonable basis due to these undisclosed issues [4]. Group 3: Law Firm's Commitment - The Gross Law Firm is recognized for its commitment to protecting investors' rights and ensuring companies adhere to responsible business practices [6]. - The firm aims to recover losses for investors who were affected by the alleged deceit and misleading information from StubHub [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][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, the positive statements made by the defendants about the company's business and prospects were deemed materially misleading and lacked a reasonable basis [2] Group 2: Class Action Details - Shareholders who purchased shares of StubHub during the specified class period are encouraged to register for the class action, with a deadline set for January 23, 2026 [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 and illegal business practices [4] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that led to artificial inflation of stock prices [4]

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 represents investors who acquired StubHub securities from September 14, 2025, to November 24, 2025, including shares from the September 2025 IPO [1][2]. - Investors have until January 23, 2026, to seek appointment as lead plaintiff representatives [2]. Group 2: Company Background - 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 Information - Berger Montague PC is a leading law firm specializing in complex civil litigation and class actions, with a history of significant recoveries for clients [4]. - The firm has achieved over $2.4 billion in post-trial judgments in 2025 alone and has recovered over $50 billion for clients over its 55-year history [4].