PubMatic Securities Fraud Lawsuit: Deadline to File Lead Plaintiff Motion Approaching

Investors who lost money in PubMatic, Inc. (PUBM) securities are urged to contact Glancy Prongay & Murray LLP about a securities fraud lawsuit. The lawsuit alleges that PubMatic made false and/or misleading statements about its business, operations, and prospects during the Class Period (February 27, 2025 - August 11, 2025). The deadline to file a lead plaintiff motion is October 20, 2025. Investors who suffered a loss are encouraged to inquire about potentially pursuing claims to recover their loss under the federal securities laws.

Investors who have suffered financial losses in PubMatic, Inc. (PUBM) securities are being urged to contact Glancy Prongay & Murray LLP regarding a securities fraud lawsuit. The lawsuit alleges that PubMatic made false and/or misleading statements about its business, operations, and prospects during the Class Period, which spans from February 27, 2025, to August 11, 2025 [1].

The complaint filed in the class action lawsuit, which was announced by Bragar Eagel & Squire, P.C., alleges that PubMatic failed to disclose material adverse facts about its business, including a significant shift in clients from a top DSP buyer to a new platform that evaluates inventory differently. This shift resulted in a reduction in ad spend and revenue, which was not disclosed to investors [1].

On August 11, 2025, following the market close, PubMatic released its second quarter 2025 financial report, revealing that the company was experiencing a reduction in ad spend from one of its top DSP partners. The company's Chief Executive Officer, Rajeev Goel, stated that a "top DSP buyer" had shifted a significant number of clients to a new platform, causing significant headwinds for the company [1].

As a result of these revelations, PubMatic's stock price fell by $2.23, or 21.1%, to close at $8.34 per share on August 12, 2025, on unusually heavy trading volume [1].

Investors who purchased or otherwise acquired PubMatic shares during the Class Period and suffered a loss are encouraged to contact Glancy Prongay & Murray LLP to inquire about potentially pursuing claims to recover their losses under the federal securities laws. The deadline to file a lead plaintiff motion is October 20, 2025 [1].

For more information, investors can contact Brandon Walker or Marion Passmore at Bragar Eagel & Squire, P.C., by phone at (212) 355-4648 or by email at investigations@bespc.com [1].

References:
[1] https://www.globenewswire.com/news-release/2025/08/21/3137289/0/en/PUBMATIC-ALERT-Bragar-Eagel-Squire-P-C-Announces-that-a-Class-Action-Lawsuit-Has-Been-Filed-Against-PubMatic-Inc-and-Encourages-Investors-to-Contact-the-Firm.html