1. PubMatic faces a class-action lawsuit related to alleged securities fraud. 2. Claims involve material misleading statements impacting investor confidence. 3. The lawsuit spans feasible damages from February to August 2025. 4. Affected investors have until October 20, 2025, to seek compensation. 5. False statements related to ad revenue reduction from a key buyer.
The allegations of securities fraud can significantly reduce investor confidence, as seen in past cases like Luckin Coffee, where similar fraud led to severe stock price declines. Market reaction to lawsuits typically involves a sell-off, reflecting uncertainty and risks associated with potential liabilities.
The nature of the allegations directly pertains to investor trust and financial performance, which are crucial for stock valuations, hence the higher likelihood of impact.
The immediate impact of the lawsuit will likely influence PUBM's stock price and investor behavior until there is clarity on its outcomes, which is usually apparent within a few months.
NEW YORK, Sept. 5, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in PubMatic, Inc. ("PubMatic, Inc." or the "Company") (NASDAQ:PUBM) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of PubMatic, Inc. investors who were adversely affected by alleged securities fraud between February 27, 2025 and August 11, 2025. Follow the link below to get more information and be contacted by a member of our team:
https://zlk.com/pslra-1/pubmatic-inc-lawsuit-submission-form?prid=165269&wire=4
PUBM investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed 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.
WHAT'S NEXT? If you suffered a loss in PubMatic, Inc. during the relevant time frame, you have until October 20, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholders-that-lost-money-on-pubmatic-incpubm-should-contact-levi--korsinsky-about-pending-class-action---pubm-302547209.html
SOURCE Levi & Korsinsky, LLP