StubHub Investors Face Jan. 23 Deadline in IPO Disclosure Class Actions
Law firms urge IPO buyers to seek lead‑plaintiff status before the January 23 deadline.
Overview
- Faruqi & Faruqi, the Law Offices of Howard G. Smith, and The Gross Law Firm issued new notices reminding shareholders of the lead‑plaintiff cut‑off on January 23, 2026.
- The filed complaints target StubHub’s September 17, 2025 IPO registration statement, alleging undisclosed changes in vendor‑payment timing that adversely affected free cash flow.
- StubHub’s November 13, 2025 press release and Form 10‑Q reported third‑quarter free cash flow of negative $4.6 million, stating the decline primarily reflected vendor‑payment timing.
- Following those disclosures, the stock fell 20.9% on November 14 to close at $14.87 and later traded as low as $10.31, nearly 56% below the $23.50 IPO price.
- The case seeks recovery for investors who bought shares pursuant or traceable to the IPO, and investors may move to be lead plaintiff or remain absent class members.