StubHub IPO Class Actions Expand as New Firm Seeks Lead Plaintiffs Before Jan. 23 Deadline

The suits focus on claims that StubHub failed to disclose vendor‑payment timing shifts that allegedly depressed free cash flow.

Overview

Berger Montague on Dec. 23 advised investors to seek lead‑plaintiff status by Jan. 23, 2026 in litigation tied to purchases from Sept. 14 through Nov. 24, including shares traceable to the IPO.
Earlier on Dec. 22, The Gross Law Firm, the Portnoy Law Firm, and Glancy Prongay & Murray issued notices inviting StubHub IPO investors to contact them about lead‑plaintiff roles.
The complaints allege the registration statement omitted changes in the timing of payments to vendors that had a significant adverse effect on free cash flow and rendered related metrics misleading.
The proposed class actions target purchases pursuant or traceable to StubHub’s September 2025 offering of about 34,042,553 Class A shares priced at $23.50 per share.
Portnoy’s notice cites a 20.99% share‑price decline to $14.87 on Nov. 14 after StubHub reported third‑quarter results and declined to provide a forecast.