Core Viewpoint - The article discusses a class action lawsuit against StubHub Holdings, Inc. related to its initial public offering (IPO) on September 17, 2025, alleging violations of the Securities Act of 1933 due to misleading financial disclosures [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Salabaj v. StubHub Holdings, Inc., claims that StubHub's IPO offering documents were materially false and misleading, particularly regarding changes in payment timing to vendors that adversely affected free cash flow [3][4]. - StubHub's IPO involved the issuance of approximately 34 million shares at an offering price of $23.50 per share [2]. - Following the release of disappointing financial results on November 13, 2025, which included a free cash flow of negative $4.6 million (a 143% decrease) and a net cash from operating activities of $3.8 million (a 69.3% decrease), StubHub's stock price fell nearly 21% [3]. Group 2: Stock Performance - 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 of $23.50 [4]. Group 3: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased StubHub common stock in connection with the IPO to seek appointment as lead plaintiff in the class action lawsuit [5]. - The lead plaintiff is typically the investor with the greatest financial interest in the case and acts on behalf of all class members [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6].

Core Viewpoint - StubHub Holdings, Inc. is facing a class action lawsuit related to its September 17, 2025 IPO, with allegations of misleading offering documents and significant financial discrepancies [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Salabaj v. StubHub Holdings, Inc., accuses StubHub and its executives of violating the Securities Act of 1933 [1]. - Investors who purchased StubHub common stock during the IPO have until January 23, 2026, to seek lead plaintiff status in the lawsuit [1][5]. - The lawsuit claims that StubHub's IPO documents were materially false or misleading, particularly regarding changes in vendor payment timing and its impact on free cash flow [3]. Group 2: Financial Performance and Impact - StubHub's IPO involved the issuance of approximately 34 million shares at an offering price of $23.50 per share [2]. - The lawsuit alleges that StubHub reported a free cash flow of negative $4.6 million for Q3 2025, marking a 143% decrease year-over-year [3]. - Following the release of disappointing financial results, StubHub's stock price fell 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 Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and is recognized as a leading firm in securities fraud litigation [6]. - The firm has a strong track record, having recovered over $2.5 billion for investors in 2024 alone [6].

Core Viewpoint - The article discusses a class action lawsuit against StubHub Holdings, Inc. related to its initial public offering (IPO) on September 17, 2025, alleging violations of the Securities Act of 1933 due to misleading offering documents and significant financial losses reported subsequently [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Salabaj v. StubHub Holdings, Inc., and it allows purchasers of StubHub common stock from the IPO to seek appointment as lead plaintiff by January 23, 2026 [1][5]. - 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][4]. - StubHub's financial results for Q3 2025 revealed a free cash flow of negative $4.6 million, a 143% decrease year-over-year, and net cash from operating activities of $3.8 million, a 69.3% decrease, leading to a nearly 21% drop in stock price following the announcement [3][4]. Group 2: Financial Impact - By the time the class action lawsuit commenced, StubHub's stock price had fallen to $10.31 per share, representing a nearly 56% decline from the IPO price of $23.50 per share [4]. - The lawsuit highlights the significant financial losses suffered by investors due to the alleged misleading information provided during the IPO [3][4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and is noted for its success in securing monetary relief for investors in securities fraud cases [6]. - The firm has a strong track record, having recovered over $2.5 billion for investors in 2024 alone, and is recognized as one of the largest plaintiffs' firms globally [6].

Company Overview - StubHub operates a ticketing marketplace for live event tickets worldwide [2] Investigation Details - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving StubHub Holdings, Inc. [1] - The investigation focuses on whether StubHub and certain top executives made materially false and/or misleading statements and/or omitted material information regarding StubHub's business and operations [2]

Core Viewpoint - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving StubHub Holdings, Inc. [1][7] Company Overview - StubHub operates a ticketing marketplace for live event tickets worldwide [2]. Investigation Details - The investigation focuses on whether StubHub and certain top executives made materially false and/or misleading statements and/or omitted material information regarding StubHub's business and operations [3]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm representing investors in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [4]. - The firm has been ranked 1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors [4]. - Robbins Geller is one of the largest plaintiffs' firms globally, with 200 lawyers in 10 offices [4].