
Kirby McInerney LLP reminds Hub Group, Inc. (&#34;Hub Group&#34; or the &#34;Company&#34;) (NASDAQ:HUBG) investors of the August 28, 2026 deadline to seek the role of lead plaintiff in a pending federal securities

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<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=1&amp;md5=f0be28f45c9e3d6a2be8692d5fcde381" shape="rect">Kirby McInerney LLP</a> reminds Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HUBG">HUBG</a>) investors of the <b xmlns="http://www.w3.org/1999/xhtml">August 28, 2026</b> deadline to seek the role of lead plaintiff in a pending federal securities class action. Investors are encouraged to contact <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2Fprofessionals%2FLauren-Molinaro&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=Lauren+Molinaro&amp;index=2&amp;md5=1e52cf8aad1a2665c73cbbcf06e4bdbe" shape="rect">Lauren Molinaro</a> of Kirby McInerney LLP by email at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investigations@kmllp.com" shape="rect">investigations@kmllp.com</a>, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.

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[<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2Fcases-investigations%2Fhub-group-inc-1&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=CONTACT+THE+FIRM+IF+YOU+SUFFERED+A+LOSS&amp;index=3&amp;md5=bf38e4f9ef927ec214f4b558fc5fe9cf" shape="rect">CONTACT THE FIRM IF YOU SUFFERED A LOSS</a>]

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<b xmlns="http://www.w3.org/1999/xhtml">What Is The Lawsuit About?</b>

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The lawsuit has been filed on behalf of investors who purchased securities during the period of April 28, 2023 through May 11, 2026, inclusive ("the Class Period"). The lawsuit alleges that the Company made materially false and misleading statements, including financial statements that were materially inaccurate due to premature revenue recognition, and the understatement of purchased transportation costs and accounts payable, as well as statements concerning the effectiveness of internal controls, and the Company’s drivers of financial results and growth.

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On February 5, 2026, Hub Group announced that the Company’s financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." The Company revealed that its reports for those quarters "were in each case materially misstated due to the aforementioned error and should no longer be relied upon" and that "the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps." The Company also estimated that "[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million." On this news, the price of Hub Group shares declined by $9.37 per share, or approximately 18%, from $51.33 per share on February 5, 2026 to close at $41.96 on February 26, 2026.

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On May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it "expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023." On this news, the price of Hub Group shares declined by $5.24 per share, or approximately 13%, from $41.86 per share on May 11, 2026 to close at $36.62 on May 12, 2026.

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[<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2Fcases-investigations%2Fhub-group-inc-1&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=CLICK+HERE+TO+LEARN+MORE+ABOUT+THE+CLASS+ACTION&amp;index=4&amp;md5=f35571ce5c6a0b3ad8c6593292b7e016" shape="rect">CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION</a>]

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<b xmlns="http://www.w3.org/1999/xhtml">What Should I Do?</b>

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If you purchased or otherwise acquired Hub Group securities, have information, or would like to learn more about this investigation, please contact <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2Fprofessionals%2FLauren-Molinaro&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=Lauren+Molinaro&amp;index=5&amp;md5=d776b021428b2e4097db78735f891adb" shape="rect">Lauren Molinaro</a> of <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=6&amp;md5=9010d974a649d8889432c6e496960d17" shape="rect">Kirby McInerney LLP</a> by email at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investigations@kmllp.com" shape="rect">investigations@kmllp.com</a>, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

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<b xmlns="http://www.w3.org/1999/xhtml">What is the Lead Plaintiff Deadline?</b>

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Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions. Learn more about the lead plaintiff process and eligibility requirements <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fsecuritiesleadplaintiff.com%2F&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=here&amp;index=7&amp;md5=ed19f136f54d98bca9d9a96ce95cb7f8" shape="rect">here</a>.

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[<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fsecuritiesleadplaintiff.com%2F&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=WHAT+IS+A+SECURITIES+CLASS+ACTION%3F&amp;index=8&amp;md5=7ff300efcab53688c3db483710bd9db9" shape="rect">WHAT IS A SECURITIES CLASS ACTION?</a>]

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<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=9&amp;md5=d7de5012e8b0ace6c4d0550c2c9e3ee7" shape="rect">Kirby McInerney LLP</a> is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=website&amp;index=10&amp;md5=6501dcaa98b752873795e3e50ae3a675" shape="rect">website</a>.

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This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260812027353r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260812027353/en/" rel="nofollow">https://www.businesswire.com/news/home/20260812027353/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl">
Kirby McInerney LLP
<br xmlns="http://www.w3.org/1999/xhtml"></br>Lauren Molinaro, Esq.
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HUBG

HUBG Investors With Significant Losses Must Act By August 28, 2026

Hub Group Faces Securities Class Action Amid Restatement-Driven Uncertainty

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Kirby McInerney LLP reminds Hub Group, Inc. (&amp;#34;Hub Group&amp;#34; or the &amp;#34;Company&amp;#34;) (NASDAQ:HUBG) investors of the August 28, 2026 deadline to seek the role of lead plaintiff in a pending federal securities</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Kirby McInerney LLP highlights an August 28, 2026 lead plaintiff deadline for a federal securities class action against HUBG, linked to restatements of 2023-2025 results and a February 2026 restatement of 2025 quarters. The case centers on premature revenue recognition and understated costs, including a $77 million reduction to accounts payable and purchased transportation costs. The ongoing legal and accounting issues imply continued volatility and potential further disclosures that could pressure HUBG shares.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Lawsuit alleges Hub Group misstated revenue and costs.</li><li>Feb 2026 restatement cut $77M from accounts payable.</li><li>May 12, 2026 restatement for 2023-2024; magnitude undisclosed.</li><li>Lead plaintiff deadline Aug 28, 2026.</li><li>HUBG stock fell 18% in Feb and 13% in May on related news.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Hub Group, Inc. (HUBG)</strong>: Subject of the securities class action; restatements and litigation risk may pressure equity value and cash flows.</li><li><strong>Kirby McInerney LLP (N/A)</strong>: Plaintiff law firm issuing the release; potential impact on litigation trajectory but no immediate market exposure.</li><li><strong>Lauren Molinaro (N/A)</strong>: Attorney at firm representing investors; contact points provided for potential claimants.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. The piece centers on securities litigation and restatements, typical catalysts for HUBG downside risk due to potential settlements, further disclosures, and regulatory scrutiny impacting valuation and liquidity.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Lead plaintiff deadline on Aug 28, 2026 may trigger volatility.</li><li>Restatement and litigation risk remains a valuation and cash-flow risk.</li><li>Possible settlements or adverse rulings could push HUBG lower.</li><li>Regulatory scrutiny around disclosures could affect reserves and controls.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Class Period: Apr 28, 2023 through May 11, 2026, inclusive.</li><li>Feb 5, 2026 restatement: $77 million reduction to accounts payable and purchased transportation costs; stock fell ~18%.</li><li>May 12, 2026 restatement: 2023-2024 annual reports materially misstated; magnitude not quantified; stock fell ~13%.</li><li>Lead Plaintiff Deadline: Aug 28, 2026.</li><li>Hub Group ticker: HUBG.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term downside risk for HUBG into the Aug 28 deadline; risk rises on new disclosures or settlements.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=1&amp;md5=f0be28f45c9e3d6a2be8692d5fcde381" shape="rect">Kirby McInerney LLP</a> reminds Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HUBG">HUBG</a>) investors of the <b xmlns="http://www.w3.org/1999/xhtml">August 28, 2026</b> deadline to seek the role of lead plaintiff in a pending federal securities class action. Investors are encouraged to contact <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2Fprofessionals%2FLauren-Molinaro&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=Lauren+Molinaro&amp;index=2&amp;md5=1e52cf8aad1a2665c73cbbcf06e4bdbe" shape="rect">Lauren Molinaro</a> of Kirby McInerney LLP by email at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investigations@kmllp.com" shape="rect">investigations@kmllp.com</a>, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.

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[<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2Fcases-investigations%2Fhub-group-inc-1&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=CONTACT+THE+FIRM+IF+YOU+SUFFERED+A+LOSS&amp;index=3&amp;md5=bf38e4f9ef927ec214f4b558fc5fe9cf" shape="rect">CONTACT THE FIRM IF YOU SUFFERED A LOSS</a>]

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<b xmlns="http://www.w3.org/1999/xhtml">What Is The Lawsuit About?</b>

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The lawsuit has been filed on behalf of investors who purchased securities during the period of April 28, 2023 through May 11, 2026, inclusive ("the Class Period"). The lawsuit alleges that the Company made materially false and misleading statements, including financial statements that were materially inaccurate due to premature revenue recognition, and the understatement of purchased transportation costs and accounts payable, as well as statements concerning the effectiveness of internal controls, and the Company’s drivers of financial results and growth.

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On February 5, 2026, Hub Group announced that the Company’s financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." The Company revealed that its reports for those quarters "were in each case materially misstated due to the aforementioned error and should no longer be relied upon" and that "the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps." The Company also estimated that "[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million." On this news, the price of Hub Group shares declined by $9.37 per share, or approximately 18%, from $51.33 per share on February 5, 2026 to close at $41.96 on February 26, 2026.

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On May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it "expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023." On this news, the price of Hub Group shares declined by $5.24 per share, or approximately 13%, from $41.86 per share on May 11, 2026 to close at $36.62 on May 12, 2026.

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[<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2Fcases-investigations%2Fhub-group-inc-1&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=CLICK+HERE+TO+LEARN+MORE+ABOUT+THE+CLASS+ACTION&amp;index=4&amp;md5=f35571ce5c6a0b3ad8c6593292b7e016" shape="rect">CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION</a>]

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<b xmlns="http://www.w3.org/1999/xhtml">What Should I Do?</b>

</p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl">
If you purchased or otherwise acquired Hub Group securities, have information, or would like to learn more about this investigation, please contact <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2Fprofessionals%2FLauren-Molinaro&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=Lauren+Molinaro&amp;index=5&amp;md5=d776b021428b2e4097db78735f891adb" shape="rect">Lauren Molinaro</a> of <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=6&amp;md5=9010d974a649d8889432c6e496960d17" shape="rect">Kirby McInerney LLP</a> by email at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investigations@kmllp.com" shape="rect">investigations@kmllp.com</a>, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

</p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl">
<b xmlns="http://www.w3.org/1999/xhtml">What is the Lead Plaintiff Deadline?</b>

</p><p xmlns="http://www.w3.org/1999/xhtml" class="bwalignl">
Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions. Learn more about the lead plaintiff process and eligibility requirements <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fsecuritiesleadplaintiff.com%2F&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=here&amp;index=7&amp;md5=ed19f136f54d98bca9d9a96ce95cb7f8" shape="rect">here</a>.

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[<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fsecuritiesleadplaintiff.com%2F&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=WHAT+IS+A+SECURITIES+CLASS+ACTION%3F&amp;index=8&amp;md5=7ff300efcab53688c3db483710bd9db9" shape="rect">WHAT IS A SECURITIES CLASS ACTION?</a>]

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<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=9&amp;md5=d7de5012e8b0ace6c4d0550c2c9e3ee7" shape="rect">Kirby McInerney LLP</a> is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=54588655&amp;newsitemid=20260812027353&amp;lan=en-US&amp;anchor=website&amp;index=10&amp;md5=6501dcaa98b752873795e3e50ae3a675" shape="rect">website</a>.

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This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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Kirby McInerney LLP highlights an August 28, 2026 lead plaintiff deadline for a federal securities class action against HUBG, linked to restatements of 2023-2025 results and a February 2026 restatement of 2025 quarters. The case centers on premature revenue recognition and understated costs, including a $77 million reduction to accounts payable and purchased transportation costs. The ongoing legal and accounting issues imply continued volatility and potential further disclosures that could pressure HUBG shares.

News insight

HUBG Investors With Significant Losses Must Act By August 28, 2026

AI summary

Sentiment rationale

Key facts

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