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Investors who lost money on PubMatic, Inc.(PUBM) should contact The Gross Law Firm about pending Class Action - PUBM
Globenewswire· 2025-09-10 19:53
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of PubMatic, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions that affected the company's stock value during a specified period [1][3]. Summary by Relevant Sections Class Action Details - The class period for the lawsuit is from February 27, 2025, to August 11, 2025 [3]. - Allegations include that PubMatic failed to disclose a significant shift of clients from a top demand side platform buyer to a new platform, leading to reduced ad spend and revenue [3]. Shareholder Actions - Shareholders are encouraged to register for the class action by October 20, 2025, to potentially be appointed as lead plaintiffs [4]. - Registration allows shareholders to receive updates on the case through portfolio monitoring software [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
PUBM INVESTORS: Kirby McInerney LLP Reminds Pubmatic, Inc. Investors of Important Deadline in Class Action Lawsuit
Globenewswire· 2025-09-09 16:14
Core Viewpoint - PubMatic, Inc. has faced significant challenges due to a reduction in ad spend from a major demand-side platform (DSP) partner, leading to a substantial decline in share price and prompting a securities fraud class action lawsuit by affected investors [3][4]. Financial Performance - On August 11, 2025, PubMatic reported its second quarter 2025 financial results, revealing a decline in ad spend from one of its top DSP partners, which negatively impacted the company's outlook [3]. - Following the announcement, PubMatic's share price fell by $2.23, or approximately 21.1%, from $10.57 to $8.34 per share [3]. Lawsuit Details - The class action lawsuit is on behalf of investors who purchased securities between February 27, 2025, and August 11, 2025, alleging that the company made materially false and misleading statements regarding its business operations [4]. - Specific allegations include the failure to disclose the shift of clients to a new platform by a top DSP buyer, resulting in reduced ad spend and revenue, which rendered previous positive statements misleading [4].
Are you a PUBM Stockholder? If You Suffered Significant Losses, You Should Contact Robbins LLP for Information About Leading the Securities Fraud Class Action Against PubMatic, Inc.
Prnewswire· 2025-09-08 23:20
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. for allegedly misleading investors about its business prospects during a specific period, leading to a significant drop in stock price following the release of disappointing financial results [1][2][3]. Group 1: Allegations and Impact - The lawsuit claims that PubMatic failed to disclose that a major demand-side platform (DSP) buyer was transitioning clients to a new platform, which affected ad spend and revenue [2]. - On August 11, 2025, PubMatic reported a reduction in ad spend from one of its top DSP partners, which was attributed to the shift in client evaluation methods [3]. - Following the announcement, PubMatic's stock price fell by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025 [3]. Group 2: Legal Proceedings - Shareholders interested in participating as lead plaintiffs in the class action must submit their papers by October 20, 2025 [4]. - The lead plaintiff will represent other class members in directing the litigation, although participation is not required for recovery [4]. Group 3: Company Background - Robbins LLP is a law firm specializing in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [5].
PUBM LAWSUIT ALERT: Levi & Korsinsky Notifies PubMatic, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Globenewswire· 2025-09-08 20:19
Core Viewpoint - A class action securities lawsuit has been filed against PubMatic, Inc. alleging securities fraud that negatively impacted investors between February 27, 2025, and August 11, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that PubMatic's management made false statements and concealed critical information regarding a major demand side platform buyer shifting clients to a new platform, leading to reduced ad spend and revenue for PubMatic [2]. - The lawsuit asserts that the positive statements made by the defendants about PubMatic's business and prospects were materially misleading and lacked a reasonable basis due to the aforementioned issues [2]. Group 2: Investor Information - Investors who suffered losses during the specified period have until October 20, 2025, to request the Court to appoint them as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].
PubMatic Files Lawsuit Against Google to Restore Fair Competition and Innovation in Digital Advertising
Businesswire· 2025-09-08 13:01
Core Viewpoint - PubMatic, Inc. has filed a lawsuit against Google to seek financial damages and restore fair competition in the digital advertising market due to Google's monopolistic and anticompetitive behavior [1] Company Summary - PubMatic is an independent technology company focused on delivering solutions for the digital advertising supply chain [1] Industry Summary - The lawsuit highlights ongoing concerns regarding monopolistic practices in the digital advertising sector, particularly the impact of Google's behavior on competition [1]
PUBM LAWSUIT ALERT: The Gross Law Firm Notifies PubMatic, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-09-08 12:45
NEW YORK , Sept. 8, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of PubMatic, Inc. (NASDAQ: PUBM). ...
Faruqi & Faruqi Reminds PubMatic Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 20, 2025 - PUBM
GlobeNewswire News Room· 2025-09-07 13:48
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against PubMatic, Inc. due to allegations of violations of federal securities laws related to misleading statements and undisclosed information regarding ad spend reductions from a top demand-side platform (DSP) buyer [4][6]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in PubMatic between February 27, 2025, and August 11, 2025, to discuss their legal rights [1]. - There is a deadline of October 20, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against PubMatic [4]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [5]. Group 2: Allegations Against PubMatic - The complaint alleges that PubMatic and its executives made false or misleading statements and failed to disclose significant changes in client behavior from a top DSP buyer [6]. - Specific allegations include a shift of clients to a new platform that evaluates inventory differently, leading to a reduction in ad spend and revenue for PubMatic [6]. - Following the release of its second quarter 2025 financial report, PubMatic's stock price fell by $2.23, or 21.1%, closing at $8.34 per share on August 12, 2025, due to the disclosed negative outlook [7]. Group 3: Class Action Participation - The lead plaintiff in a class action is defined as the investor with the largest financial interest who is adequate and typical of class members [8]. - Any member of the putative class can move the court to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [8]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding PubMatic's conduct [9].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in PubMatic, Inc. of Class Action Lawsuit and Upcoming Deadlines - PUBM
GlobeNewswire News Room· 2025-09-06 14:30
Core Viewpoint - A class action lawsuit has been filed against PubMatic, Inc. regarding allegations of securities fraud and unlawful business practices [2]. Group 1: Lawsuit Details - The class action lawsuit concerns whether PubMatic and certain officers and/or directors engaged in securities fraud or other unlawful business practices [2]. - Investors have until October 20, 2025, to request to be appointed as Lead Plaintiff if they purchased PubMatic securities during the Class Period [2]. Group 2: Financial Performance and Market Reaction - On August 11, 2025, PubMatic announced its financial results for Q2 2025, indicating a reduction in ad spend from a top demand side platform (DSP) partner [4]. - The CEO of PubMatic stated that a significant number of clients had shifted to a new platform, causing challenges in inventory valuation [4]. - Following this announcement, PubMatic's stock price fell by $2.23 per share, or 21.1%, closing at $8.34 per share on August 12, 2025 [4].
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages PubMatic, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PUBM
GlobeNewswire News Room· 2025-09-06 14:19
Core Viewpoint - Rosen Law Firm is reminding investors who purchased PubMatic, Inc. securities during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class period for the lawsuit is from February 27, 2025, to August 11, 2025, and the lead plaintiff deadline is October 20, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2][5]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3]. Group 3: Case Allegations - The lawsuit alleges that PubMatic made false and misleading statements regarding its business operations, particularly concerning a top demand side platform (DSP) buyer shifting clients to a new platform [4]. - This shift resulted in a reduction of ad spend and revenue for PubMatic, contradicting the positive statements made by the defendants [4]. - The lawsuit claims that when the true details were revealed, investors suffered damages due to the misleading information [4].
PUBM INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that PubMatic, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
GlobeNewswire News Room· 2025-09-06 13:49
Core Viewpoint - The PubMatic class action lawsuit alleges that the company and its executives made misleading statements regarding a significant reduction in ad spend and revenue due to a top demand-side platform (DSP) buyer shifting clients to a new platform, resulting in a stock price drop of over 21% following the financial report release [1][4][5]. Company Overview - PubMatic is a technology company that provides a cloud infrastructure platform for real-time programmatic advertising transactions, serving digital content creators, advertisers, agencies, and DSPs [3]. Allegations of the Lawsuit - The lawsuit claims that during the Class Period, PubMatic failed to disclose that a major DSP buyer was transitioning clients to a different platform, which evaluated inventory differently, leading to decreased ad spend and revenue [4]. - On August 11, 2025, PubMatic's second quarter financial report indicated a reduction in ad spend from one of its top DSP partners, which was attributed to the aforementioned shift [5]. Financial Impact - Following the announcement of the reduced outlook due to the loss of ad spend from a top DSP buyer, PubMatic's stock price fell by more than 21% [5]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased PubMatic securities during the Class Period to seek appointment as lead plaintiff in the class action lawsuit, representing the interests of all class members [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone, and is recognized for securing significant monetary relief for investors [7].