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PUBM INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that PubMatic, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswireยท 2025-08-25 20:00
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. for alleged violations of federal securities laws during the specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for all individuals and entities that purchased PubMatic securities between February 27, 2025, and August 11, 2025 [2]. - The complaint alleges that PubMatic's executives made materially false and misleading statements and failed to disclose adverse facts about the company's business and operations [3]. - Specific allegations include the failure to disclose a significant shift of clients by a top DSP buyer to a new platform, resulting in reduced ad spend and revenue for PubMatic [3]. Group 2: Next Steps - Investors who suffered losses in PubMatic have until October 20, 2025, to request to be appointed as lead plaintiff in the case [4]. - A copy of the complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if the case is successful [5]. - Bronstein, Gewirtz & Grossman, LLC has a history of recovering hundreds of millions of dollars for investors in securities fraud cases [6].