Law Firms Press StubHub IPO Investors as Jan. 23 Lead-Plaintiff Deadline Nears

The suits contend the IPO materials hid vendor‑payment timing shifts that undercut liquidity.

Overview

Fresh notices from Hagens Berman and Levi & Korsinsky on Dec. 12 renewed calls for investors to seek lead-plaintiff status by Jan. 23, 2026.
Complaints filed after the September 2025 IPO allege the registration statement omitted known changes in vendor‑payment timing that materially depressed free cash flow.
StubHub’s Nov. 13 filings reported Q3 2025 free cash flow of negative $4.6 million, a 143% year‑over‑year decline, and net cash from operations of $3.8 million, down 69%.
The stock fell about 20.9% to $14.87 on Nov. 14 and later traded as low as $10.31, well below the $23.50 IPO price.
Cases including Salabaj v. StubHub are pending in the Southern District of New York under the Securities Act of 1933, firms are soliciting whistleblower tips, and the allegations remain unproven with no class certified.