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HUBG INVESTOR ALERT: Kirby McInerney LLP Investigates Potential Claims Involving Hub Group, Inc.
Businesswire· 2026-02-14 01:00
Core Viewpoint - The law firm Kirby McInerney LLP is investigating Hub Group, Inc. for potential violations of federal securities laws and other unlawful business practices by the company and/or its senior management [1] Group 1 - Hub Group disclosed on January 5, 2026, that it had identified an error leading to the understatement of purchased [1]
Hub Group (NASDAQ: HUBG) Faces Legal Scrutiny Amid Financial Volatility
Financial Modeling Prep· 2026-02-14 00:00
Core Insights - Hub Group is a significant player in the transportation and logistics industry, offering intermodal, truck brokerage, and logistics services, while facing potential legal issues as investors are urged to contact Gibbs Mura law firm [1][2][6] Financial Performance - Raymond James has maintained an "Outperform" rating for Hub Group, indicating confidence in its future performance despite current stock trading at $40.40, reflecting a 1% increase from the previous price of $43.11 [3][6] - Hub Group's stock has shown volatility, with a daily trading range between $39.34 and $40.91, and a yearly high of $53.26 and low of $30.75 [4][6] Market Activity - The company's market capitalization is approximately $2.45 billion, indicating its substantial presence in the logistics industry [4] - Today's trading volume for Hub Group is 291,718 shares, suggesting active investor interest [5]
Hub Group Inc. (NASDAQ: HUBG) Investigated for Misleading Investors by BFA Law – Contact the Firm if You Suffered Losses to Protect Your Rights
Globenewswire· 2026-02-13 12:07
Core Viewpoint - Hub Group Inc. is under investigation for potential violations of federal securities laws related to misrepresentation of financial data, specifically concerning purchased transportation costs and accounts payable for the first nine months of 2025 [1][2]. Group 1: Investigation Details - Bleichmar Fonti & Auld LLP is leading the investigation into Hub Group for possible misrepresentation of financial information [1]. - The investigation focuses on whether Hub Group inaccurately reported its purchased transportation costs and accounts payable [2]. Group 2: Stock Performance - Hub Group announced a delay in the release of its fourth quarter and full year 2025 financial results, along with a restatement of its financial statements for the first three quarters of 2025 due to an error in reporting purchased transportation costs and accounts payable [3]. - Following this announcement, Hub Group's stock price fell over 24% during trading on February 6, 2026 [4].
Hub Group (HUBG) Shares Crater Amid Admitted Improper Accounting - Hagens Berman
Prnewswire· 2026-02-12 21:58
Core Viewpoint - Hub Group, Inc. (HUBG) experienced a significant share price decline of over 27% following the announcement of improper accounting practices, leading to an investigation into potential misleading statements made to investors [1] Financial Reporting Issues - Hub Group filed a report with the SEC indicating that its quarterly reports from March 31, 2025, should no longer be relied upon due to understated "purchased transportation costs and accounts payable" for the first nine months of 2025 [1] - The specific quarterly reports affected include those for the periods ending March 31, June 30, and September 30, 2025 [1] Market Reaction - Following the announcement, Hub Group's share price fell by as much as $14.16, resulting in a loss of over $800 million in market capitalization in a single day [1] Investigation Details - Hagens Berman, a national shareholder rights law firm, has initiated an investigation to determine if Hub Group intentionally misled investors regarding its financial statements and internal controls [1] - The firm is assessing whether fiscal years 2023 and 2024 may also be impacted by the accounting issues [1]
Hub Group Investor Reminder: Hub Group Inc. ($HUBG) Investors Are Notified of the Pending Securities Fraud Investigation and to Contact BFA to Protect Your Rights
TMX Newsfile· 2026-02-12 11:18
Core Viewpoint - Hub Group Inc. is under investigation for potential violations of federal securities laws, specifically regarding misrepresentation of transportation costs and accounts payable for the first nine months of 2025 [2]. Company Overview - Hub Group is a major supply chain solutions provider, recognized as one of the largest freight transportation providers in North America [2]. Investigation Details - The investigation by Bleichmar Fonti & Auld LLP focuses on whether Hub Group misrepresented its purchased transportation costs and accounts payable [2]. - The firm is encouraging investors to seek additional information regarding their legal options [5]. Stock Performance - On February 5, 2026, Hub Group announced a delay in releasing its fourth quarter and full year 2025 financial results, along with a restatement of its financial statements for the first three quarters of 2025 due to an error that understated purchased transportation costs and accounts payable [3]. - Following this announcement, Hub Group's stock price dropped over 24% during trading on February 6, 2026 [4].
HUBG SHAREHOLDER ALERT: Investors Encouraged to Contact Kirby McInerney LLP About Potential Securities Laws Violations
Globenewswire· 2026-02-12 01:00
Core Viewpoint - Hub Group, Inc. is under investigation for potential violations of federal securities laws following the disclosure of an error that led to the understatement of transportation costs and accounts payable in its financial statements for the first nine months of 2025 [3][4]. Group 1: Company Disclosure - On January 5, 2026, Hub Group announced it had identified an error affecting its financial statements, specifically regarding purchased transportation costs and accounts payable [3]. - The company stated that the financial statements for the first three quarters of 2025 should no longer be relied upon due to this error [3]. - On February 5, 2026, Hub Group announced a delay in the release of its fourth quarter and full year 2025 financial results and confirmed that it would restate its financial statements for the first three quarters of 2025 [4]. Group 2: Market Reaction - Following the announcement on February 5, 2026, Hub Group's share price fell by $9.37, approximately 18.3%, from $51.33 to $41.96 per share [4]. Group 3: Legal Investigation - Kirby McInerney LLP is conducting an investigation on behalf of Hub Group investors to determine if claims can be made under federal securities laws [5]. - As of now, no lawsuit has been filed, and the investigation is ongoing [5].
HUBG Investor News: If You Have Suffered Losses in Hub Group, Inc. (NASDAQ: HUBG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Globenewswire· 2026-02-11 22:06
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Hub Group, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Legal Action - Shareholders who purchased Hub Group securities may be entitled to compensation through a contingency fee arrangement, as Rosen Law Firm prepares a class action to recover investor losses [2]. - The investigation follows Hub Group's announcement of a financial error that led to the understatement of purchased transportation costs and accounts payable for the first nine months of 2025, necessitating a restatement of financial statements for the first three quarters of 2025 [3]. Group 2: Financial Impact - Following the announcement of the financial error, Hub Group's stock price dropped by $9.37 per share, or 18.3%, closing at $41.96 per share on February 6, 2026 [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company and significant recoveries for investors [4].
HUBG Stock Drop: Hub Group Inc. Stock Plummets 24% after Restatement Issues Revealed – Investors with Losses Notified to Contact BFA Law about its Investigation
Globenewswire· 2026-02-11 12:10
Core Viewpoint - Hub Group Inc. is under investigation for potential violations of federal securities laws, specifically regarding misrepresentation of transportation costs and accounts payable for the first nine months of 2025 [1][2]. Group 1: Investigation Details - Bleichmar Fonti & Auld LLP is leading the investigation into Hub Group for possible misrepresentation of financial data [1][2]. - The investigation focuses on whether Hub Group inaccurately reported its purchased transportation costs and accounts payable [2]. Group 2: Stock Performance - Hub Group announced a delay in releasing its fourth quarter and full year 2025 financial results, along with a restatement of its financial statements for the first three quarters of 2025 due to an error in reporting transportation costs and accounts payable [3]. - Following this announcement, Hub Group's stock price dropped over 24% during trading on February 6, 2026 [4].
Rosen Law Firm Encourages Hub Group, Inc. Investors to Inquire About Securities Class Action Investigation - HUBG
Prnewswire· 2026-02-10 22:00
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Hub Group, Inc. due to allegations of materially misleading business information issued by the company [1] Company Summary - Hub Group, Inc. filed a Current Report with the SEC on February 5, 2026, announcing preliminary financial results for the year and fourth quarter ended December 31, 2025 [1] - The report revealed an error that led to the understatement of purchased transportation costs and accounts payable for the first nine months of 2025, prompting Hub Group to plan a restatement of its financial statements for the first three quarters of 2025 [1] - Following this announcement, Hub Group's stock price dropped by $9.37 per share, or 18.3%, closing at $41.96 per share on February 6, 2026 [1] Legal Action Summary - The Rosen Law Firm is preparing a class action to seek recovery of investor losses, allowing affected shareholders to join without any out-of-pocket fees through a contingency fee arrangement [1] - The firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [1] - Rosen Law Firm has a history of significant recoveries for investors, including over $438 million in 2019 alone, and has been recognized for its performance in securities class action settlements [1]
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Hub Group
TMX Newsfile· 2026-02-10 15:38
Core Insights - Hub Group, Inc. experienced a significant decline in stock value due to a $77 million accounting error related to purchased transportation costs and accounts payable, leading to a restatement of prior financial results [4] - The company's stock fell approximately 25% intraday following the announcement, which coincided with the release of preliminary fourth-quarter and full-year 2025 results and a delay in filing updated financial statements [4] Company Overview - Hub Group, Inc. is a logistics company listed on NASDAQ under the ticker HUBG [2] - The company has faced scrutiny due to the recent accounting error, which has prompted investigations into potential claims against it [2][4] Legal Context - Faruqi & Faruqi, LLP, a national securities law firm, is investigating potential claims against Hub Group for investors who suffered significant losses [2][3] - Investors are encouraged to contact the firm to discuss their legal rights regarding the losses incurred [1]