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Faruqi & Faruqi Investigates PubMatic Securities Class Action.
ByAinvest
Wednesday, Aug 27, 2025 10:27 am ET1min read
Faruqi & Faruqi, a national securities law firm, is investigating potential claims against PubMatic, Inc. due to alleged misrepresentation of the company's financial condition. Investors who purchased PubMatic securities between February 27, 2025 and August 11, 2025 may be eligible to seek lead plaintiff status in a federal securities class action. Those interested can contact Faruqi & Faruqi partner Josh Wilson at 877-247-4292 or 212-983-9330.
Investors who purchased or acquired securities in PubMatic Inc. (NASDAQ: PUBM) between February 27, 2025 and August 11, 2025 are encouraged to take action as a leading national securities law firm, Faruqi & Faruqi, LLP, investigates potential claims against the company. The firm has set an October 20, 2025 deadline for investors to seek the role of lead plaintiff in a federal securities class action lawsuit [1].The class action lawsuit alleges that PubMatic made materially false and/or misleading statements and failed to disclose significant adverse events impacting the company's financial condition. Specifically, the complaint claims that PubMatic did not disclose that a top DSP buyer was shifting a significant number of clients to a new platform, which evaluated inventory differently. This shift resulted in a reduction in ad spend and revenue from the top DSP buyer, causing significant headwinds for the company [1].
On August 11, 2025, after the market closed, PubMatic released its second quarter 2025 financial report. The company's Chief Financial Officer, Steven Pantelick, revealed that the company's outlook reflected a reduction in ad spend from one of its top DSP partners. The Chief Executive Officer, Rajeev Goel, further disclosed that a top DSP buyer had shifted a significant number of clients to a new platform that evaluated inventory differently, causing significant headwinds. On this news, PubMatic's stock price fell $2.23, or 21.1%, to close at $8.34 per share on August 12, 2025, on unusually heavy trading volume [1].
Investors interested in participating in the class action should contact Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) [1].
References:
[1] https://www.prnewswire.com/news-releases/investor-deadline-approaching-faruqi--faruqi-llp-investigates-claims-on-behalf-of-investors-of-pubmatic-302539632.html
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