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Hagens Berman Notifies StubHub Investors

Hagens Berman, a prominent law firm that advocates for shareholder rights, has recently reached out to investors of StubHub Holdings, Inc. (NYSE: STUB) with important news regarding a upcoming deadline in a securities class action investigation. Investors are urged to take note of January 23, 2026, which marks the deadline for those looking to lead in this legal action.

Background of the Investigation

The investigation primarily focuses on whether the IPO documents from StubHub's Initial Public Offering (IPO) in September 2025 accurately disclosed significant financial challenges that were previously known but not communicated to potential investors. The lawsuit alleges that StubHub experienced an alarming 143% decline in free cash flow post-IPO. This drop is attributed to notable changes in the timing of payments to vendors, a critical issue that might have significantly impacted the liquidity of the company.

Details of the IPO Documents

According to the lawsuit, while StubHub's IPO documentation painted an optimistic picture of the company's financial health, it allegedly failed to reveal crucial information about vendor payment trends. On November 13, 2025, in the firm's first quarterly report as a public entity, StubHub reported a shocking negative free cash flow of $4.6 million, a stark contrast to the preceding year. This disclosure led to a rapid decline in StubHub's stock price, with shares plummeting over 20% in a single trading session and trading nearly 56% below its IPO price of $23.50.

Call to Action for Investors

Investors who purchased StubHub securities during the September 2025 IPO and who have suffered losses are encouraged to reach out to Hagens Berman for further assistance. Whether or not one wishes to assume the role of lead plaintiff, all affected shareholders can potentially recover any losses incurred due to these disclosures. Being identified as a lead plaintiff, however, allows investors to play a more active role in guiding the litigation process.

What Investors Should Know

• - Nature of the Lawsuit: The case calls into question the transparency of StubHub's IPO disclosures concerning its liquidity-straining vendor payment trends. This lack of communication about financial hardships may be a key factor in the legal claim.
• - Implications for StubHub: The fallout from reported cash flow issues has not only hit investor confidence but may also result in potential adjustments in how StubHub presents financial information moving forward.
• - Further Inquiries: Investors with insights about StubHub's operations or relevant information that could assist in the investigation are encouraged to come forward. Hagens Berman emphasizes the importance of whistleblower contributions, which may lead to rewards from the SEC under its Whistleblower Program.

About Hagens Berman

Hagens Berman Sobol Shapiro LLP specializes in complex litigation focusing on obtaining justice for investors and consumers. The firm has a history of pursuing corporate accountability and has recovered over $2.9 billion in various cases. Investors wishing to learn more about the developments surrounding the StubHub situation can follow Hagens Berman on social media and visit their website for continual updates on this and other cases.

Investors are reminded that the window to act decisively in response to the ongoing investigation will close as of January 23, 2026. Engaging a legal representative may help clarify obligations and opportunities within this complex landscape of securities law.