StubHub IPO Lawsuits Intensify as Lead-Plaintiff Deadline Nears

Overview

• A new round of alerts from Pomerantz, Schall, DJS Law Group, Faruqi & Faruqi, Hagens Berman, and the Gross Law Firm urges IPO purchasers to seek lead‑plaintiff status by January 23, 2026.
• The cases target investors who bought shares pursuant or traceable to StubHub’s September 17, 2025 IPO, which sold about 34,042,553 Class A shares at $23.50.
• Complaints filed in S.D.N.Y. allege the registration statement omitted known shifts in vendor‑payment timing that materially hurt free cash flow, including on a trailing‑12‑month basis.
• On November 13, 2025, StubHub reported free cash flow of negative $4.6 million and $3.8 million in net cash from operations, attributing the free‑cash‑flow decline primarily to payment‑timing changes.
• Shares fell 20.9% on November 14, 2025 to $14.87 and later traded as low as $10.31, roughly 56% below the IPO price, while the litigation remains at an early stage with no class certified.