StubHub Faces IPO Disclosure Class Action as Firms Urge Investors to Act Before Jan. 23
The suits claim StubHub hid the impact of shifting vendor‑payment timing on trailing free cash flow in its IPO materials.
Overview
- Rosen Law Firm says a class action has already been filed on behalf of purchasers of StubHub common stock traceable to the September 2025 IPO.
- Investor notices from multiple firms highlight a January 23, 2026 deadline to seek appointment as lead plaintiff.
- The complaints allege the registration statement omitted that changes to vendor‑payment timing significantly depressed TTM free cash flow, rendering free cash flow disclosures misleading.
- Portnoy Law Firm notes StubHub’s IPO occurred on or around September 17, 2025, offering 34,042,553 Class A shares at $23.50.
- Notices cite a 20.99% share-price drop on November 14, 2025 after the company declined to provide a forecast, while emphasizing that no class has been certified and investors are not represented unless they retain counsel.