1. A class action lawsuit is filed against PubMatic, Inc. 2. Allegations include false statements and misleading disclosures by the company. 3. Ad spend reduction from a key client may impact revenues. 4. Shareholders can register for potential recovery by October 20, 2025. 5. The lawsuit stems from events between February 27 and August 11, 2025.
The lawsuit suggests possible financial instability and reputational damage, similar to past cases where investor sentiment plummeted, affecting stock prices significantly.
The lawsuit directly affects investor confidence and the potential for future revenue, impacting PUBM's share price.
The immediate risk arises from the lawsuit, which can affect stock price volatility through the deadline, historically leading to short-term declines in affected companies.
NEW YORK, Sept. 8, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of PubMatic, Inc. (NASDAQ:PUBM).
Shareholders who purchased shares of PUBM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/pubmatic-inc-loss-submission-form/?id=165516&from=4
CLASS PERIOD: February 27, 2025 to August 11, 2025
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) a top demand side platform buyer was shifting a significant number of clients to a new platform which evaluated inventory differently; (2) as a result, PubMatic was seeing a reduction in ad spend and revenue from this top demand side platform buyer; and (3) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: October 20, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/pubmatic-inc-loss-submission-form/?id=165516&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of PUBM during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 20, 2025. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content to download multimedia:https://www.prnewswire.com/news-releases/pubm-lawsuit-alert-the-gross-law-firm-notifies-pubmatic-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-302548485.html
SOURCE The Gross Law Firm