Kuznicki Law PLLC notifies investors that a class action has commenced in the United States District Court for the Southern District of New York on behalf of shareholders of StubHub Holdings, Inc. (“StubHub” or the “Company”) (NYSE: STUB), if they purchased the Company’s shares pursuant and/or traceable to the Company’s September 2025 initial public offering (the “IPO”).
StubHub and certain of its executives and others are charged with failing to disclose material information in its IPO Registration Statement and Prospectus (collectively, the “Offering Documents”), violating federal securities laws.
On November 13, 2025, post-market, the Company announced its financial results for the third quarter 2025, disclosing free cash flow of negative $4.6 million in the quarter, a 143% decrease from the Company’s free cash flow in the prior year period, and that net cash provided by operating activities was only $3.8 million, a 69.3% decrease from prior year period, due primarily to changes in the timing of payments to vendors.”
On this news, StubHub’s stock price fell $3.95 per share, or 20.9%, to close at $14.87 per share on November 14, 2025, on unusually heavy trading volume.
If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the respective securities during the class periods. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action. Appointment as Lead Plaintiff is not required to partake in any recovery.
Shareholders have until January 23, 2026 to request that the court appoint them lead plaintiff.