Multiple Firms Renew Calls for Lead Plaintiff in StubHub IPO Lawsuits Ahead of Jan. 23 Deadline

Overview

• On January 14, the Schall Law Firm and DJS Law Group highlighted class action filings and urged IPO purchasers to seek lead-plaintiff status by January 23, 2026.
• Pomerantz reiterated its investor reminder on January 13, and Faruqi & Faruqi announced an investigation on January 14 tied to StubHub’s September 17, 2025 IPO of roughly 34 million shares at $23.50.
• The complaints allege StubHub failed to disclose that changes in the timing of vendor payments significantly depressed free cash flow, including trailing 12‑month figures.
• StubHub’s November 13, 2025 update reported free cash flow of negative $4.6 million and operating cash flow of $3.8 million, after which the stock fell 20.9% to $14.87 on November 14 and later traded as low as $10.31 per Faruqi.
• The litigation remains at an early stage with no class certified, and firms note investors are not represented by counsel unless and until certification occurs.