StubHub IPO Investors Urged to Seek Lead Role in Securities Suits as Jan. 23 Deadline Nears
Investors have until January 23, 2026 to ask the court to be appointed lead plaintiff.
Overview
- Several securities class actions in the Southern District of New York allege StubHub failed to disclose vendor‑payment timing changes that affected reported free cash flow.
- Pomerantz LLP, The Schall Law Firm, and DJS Law Group issued new notices inviting IPO purchasers to contact them about pursuing lead‑plaintiff status.
- The suits focus on disclosures tied to StubHub’s September 17, 2025 IPO of about 34.0 million shares at $23.50 each.
- StubHub reported on November 13, 2025 that third‑quarter free cash flow was negative $4.6 million and operating cash was $3.8 million, attributing the free‑cash‑flow decline to payment timing, followed by a roughly 20.9% stock drop on November 14.
- The litigation remains at an early stage with no class certified and the allegations unproven, and investors can remain absent class members if they take no action.