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STUB CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit On Behalf Of StubHub Holdings, Inc. Shareholders
Businesswire· 2025-11-25 02:14
Core Viewpoint - Glancy Prongay & Murray LLP has filed a class action lawsuit against StubHub Holdings, Inc. on behalf of shareholders who purchased stock during the company's September 2025 IPO, alleging securities fraud due to misleading statements in the registration statement [1][7]. Company Overview - StubHub conducted its IPO on September 17, 2025, selling approximately 34 million shares of Class A common stock at a price of $23.50 per share [3]. - Following the IPO, StubHub reported negative free cash flow of $4.6 million for Q3 2025, 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 also decreased by 69.3%, from $12.4 million in the previous year to $3.8 million [4]. Stock Performance - After the Q3 2025 financial results were announced, StubHub's stock price fell by $3.95 per share, or 20.9%, closing at $14.87 on November 14, 2025 [5]. - By the time the lawsuit commenced, StubHub's stock was trading as low as $10.31 per share, representing a nearly 56% decline from the IPO price [6]. Allegations in the Lawsuit - The lawsuit claims that the registration statement was materially false and misleading, failing to disclose significant adverse facts about the company's business and operations [7]. - Specific allegations include undisclosed changes in the timing of payments to vendors, which adversely impacted free cash flow, leading to misleading reports [8].
The Law Offices of Frank R. Cruz Announces Investigation of Western Alliance Bancorporation (WAL) on Behalf of Investors
Businesswire· 2025-11-21 16:40
Nov 21, 2025 11:40 AM Eastern Standard Time The Law Offices of Frank R. Cruz Announces Investigation of Western Alliance Bancorporation (WAL) on Behalf of Investors Share LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Western Alliance Bancorporation ("Western†or the "Company†) (NYSE: WAL) concerning whether the board breached its fiduciary duties to shareholders. The Law Offices of Frank R. Cruz Announces Investigation of ...
JYD Investors Have Opportunity to Lead Jayud Global Logistics Limited Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-11-20 23:31
Nov 20, 2025 6:31 PM Eastern Standard Time JYD Investors Have Opportunity to Lead Jayud Global Logistics Limited Securities Fraud Lawsuit with the Schall Law Firm Share LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Jayud Global Logistics Limited ("Jayud†or "the Company†) (NASDAQ: JYD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the ...
BABA Investors Have Opportunity to Join Alibaba Group Holding Limited Fraud Investigation with the Schall Law Firm
Businesswire· 2025-11-20 21:40
Share LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Alibaba Group Holding Limited ("Alibaba†or "the Company†) (NYSE: BABA) for violations of the securities laws. Nov 20, 2025 4:40 PM Eastern Standard Time BABA Investors Have Opportunity to Join Alibaba Group Holding Limited Fraud Investigation with the Schall Law Firm The Schall Law Firm NYSE:BABA Release Summary BABA Investors Have Oppo ...
Deadline Approaching: Primo Brands Corporation (PRMB) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith
Businesswire· 2025-11-20 20:50
Share Nov 20, 2025 3:50 PM Eastern Standard Time Deadline Approaching: Primo Brands Corporation (PRMB) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming January 12, 2026 deadline to file a lead plaintiff motion in the case filed on behalf of Primo Brands Corporation ("Primo Brands†or the "Company†) (NYSE: PRMB) investors who purchased or otherwise acquired: (1) Primo Water Corporation ...
JHX DEADLINE ALERT: James Hardie Industries plc Investors Urged to Contact Kirby McInerney LLP About Class Action Lawsuit
Businesswire· 2025-11-19 23:00
The lawsuit has been filed on behalf of investors who purchased securities during the period of May 20, 2025 through August 18, 2025, inclusive ("the Class Period†). The lawsuit alleges that James Hardie misled investors about the strength of its key North America Fiber Cement segment between May 20, 2025 and August 18, 2025. Despite knowing by April and early May that distributors were destocking inventory, the Company falsely claimed demand remained strong and that stock levels were normal. On August 19 ...
Law Offices of Frank R. Cruz Encourages Primo Brands Corporation (PRMB) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-11-18 17:05
Law Offices of Frank R. Cruz Encourages Primo Brands Corporation (PRMB) Shareholders To Inquire About Securities Fraud Class Action Share IF YOU SUFFERED A LOSS ON YOUR PRIMO BRANDS CORPORATION (PRMB) INVESTMENTS, CLICK HERE TO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES FRAUD LAWSUIT. You can also contact the Law Offices of Frank R. Cruz to discuss your legal rights by email at info@frankcruzlaw.com, by telephone at (310) 914-5007, or visit our website at www.frankcruzlaw.co ...
STUB INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Launches Investigation Into StubHub Holdings, Inc., and Encourages Investors and Potential Witnesses to Contact Law Firm
Businesswire· 2025-11-18 11:00
Nov 18, 2025 6:00 AM Eastern Standard Time STUB INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Launches Investigation Into StubHub Holdings, Inc., and Encourages Investors and Potential Witnesses to Contact Law Firm Share SAN DIEGO--(BUSINESS WIRE)--The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving StubHub Holdings, Inc. (NYSE: STUB). If you have information that could assist in the StubHub investigation or if you are a St ...
PRMB Investors Have Opportunity to Lead Primo Brands Corporation Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-11-15 01:46
Core Viewpoint - The Schall Law Firm is reminding investors of a class action lawsuit against Primo Brands Corporation for alleged securities fraud, specifically violations of the Securities Exchange Act of 1934 [1][4]. Group 1: Lawsuit Details - The lawsuit targets investors who purchased securities of Primo Water Corporation between June 17, 2024, and November 8, 2024, and/or common stock of Primo Brands Corporation between November 11, 2024, and November 6, 2025 [2]. - The complaint alleges that Primo Brands made false and misleading statements regarding its merger with BlueTriton Brands, claiming the merger was proceeding "flawlessly" while failing to disclose material facts about the integration process [4]. Group 2: Investor Participation - Investors who suffered losses are encouraged to contact the Schall Law Firm to discuss their rights and potentially participate in the lawsuit before January 12, 2026 [2][3]. - The class action has not yet been certified, meaning that until certification occurs, investors are not represented by an attorney [3].
Fluor Corporation Deadline Today: Rosen Law Firm Urges Fluor Corporation (NYSE: FLR) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
Businesswire· 2025-11-14 16:27
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit against Fluor Corporation (NYSE: FLR) on behalf of investors who purchased securities between February 18, 2025, and July 31, 2025, alleging that the company misled investors regarding its business operations [1][2]. Allegations - The lawsuit claims that Fluor Corporation made false and misleading statements and failed to disclose significant issues, including rising costs associated with major projects such as the Gordie Howe International Bridge and various Texas highways due to subcontractor design errors, price increases, and scheduling delays [2]. - It is alleged that these issues, along with reduced capital spending from customers and economic uncertainty, negatively impacted Fluor's business and financial results [2]. - The financial guidance provided by Fluor for the full year 2025 is claimed to be unreliable and overstated regarding the effectiveness of its risk mitigation strategies [2]. Legal Proceedings - Shareholders interested in serving as lead plaintiffs must file motions with the court by November 14, 2025 [3]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [3]. About Rosen Law Firm - Rosen Law Firm is recognized for its commitment to shareholder rights litigation, having recovered over $1 billion for shareholders since its inception [5].