Join Hub Group, Inc. Class Action Lawsuit: HUBG Lawsuit Sign Up Form

Levi & Korsinsky notifies investors that it has commenced an investigation into Hub Group, Inc. (NASDAQ: HUBG) concerning potential violations of the federal securities laws.

On February 3, 2026, Hub Group reached a 52-week high of $48.96 per share. Three days later, following the accounting error announcement, shares were trading near $37—a loss of roughly $12 per share in a matter of hours. For an investor holding 10,000 shares, that represents an approximate $120,000 decline in portfolio value.

The analyst community responded with unusual urgency. Stifel, which had maintained a Buy rating and $52 price target, reversed course entirely, downgrading Hub Group to Sell and cutting its target to $27—a 48% reduction. Analyst commentary pointed to the accounting error as a fundamental blow to confidence in the company’s reported financials. Baird similarly moved from Outperform to Neutral, reducing its target from $47 to $29, a 38% cut. Both downgrades were issued on the morning of February 6, adding selling pressure to an already declining stock.

Notably, the Q4 2025 earnings headline was not itself negative—Hub Group reported earnings per share of $0.45 versus a consensus estimate of $0.44, and revenue was described as having “topped estimates.” However, the positive quarterly result was entirely overshadowed by the restatement disclosure, which affects three prior quarters and an estimated $77 million in understated costs. The disconnect between the modest earnings beat and the 23% stock decline illustrates the market’s assessment that the accounting issue is far more consequential than a single quarter’s results.

If you suffered a loss on your Hub Group, Inc. securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.

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Certification of Plaintiff Pursuant to Federal Securities Laws

I, duly certify and say, as to the claims asserted under the federal securities laws, that:

  1. I have reviewed a complaint filed in the action.
  2. I did not purchase the security that is the subject of this action at the direction of plaintiff's counsel or in order to participate in this action.
  3. I am willing to serve as a representative party on behalf of the class, including providing testimony at deposition and trial, if necessary.
  4. My transaction(s) in Hub Group, Inc. which are the subject of this litigation during the class period set forth in the complaint are set forth in the chart attached hereto.
  5. Within the last 3 years,
  6. I will not accept any payment for serving as a representative party on behalf of the class beyond the Plaintiff's pro rata share of any recovery, except as ordered or approved by the court, including any award for reasonable costs and expenses (including lost wages) directly relating to the representation of the class.

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Signed pursuant to California Civil Code Section 1633.1, et seq. - and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

By your signature above, you confirm that have retained Levi & Korsinsky, LLP to represent you and the shareholder class as a lead plaintiff in the pending class action against Hub Group, Inc. This representation will be on a contingency basis, meaning that Levi & Korsinsky will advance all expenses in the litigation and will only seek compensation and/or reimbursement of expenses if the firm obtains a recovery. Regardless of the result, we will never ask you to directly pay for any attorneys’ fees, expenses, or costs. Should we obtain a favorable result, we may ask the court to award us compensation and reimbursement of expenses to be paid by the defendants or as a portion of any class recovery. In exchange for our representation, you agree to cooperate as our client by providing, for example, relevant documents and deposition testimony, if necessary. During the course of this litigation, we may employ and/or work with other law firms, experts, and third-parties to successfully prosecute this action. If you are not appointed as the lead plaintiff or Levi & Korsinsky is not appointed as lead counsel, we will notify you of such decision at which time this representation will end unless otherwise extended by you and the firm. We look forward to working with you towards a successful resolution of this action.

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