Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired PubMatic, Inc. (NASDAQ: PUBM) securities.
If you suffered a loss on your PubMatic, Inc. investment 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.
THE LAWSUIT: Feb 27 2025 - Aug 11 2025
CASE DETAILS: The filed complaint alleges that PubMatic, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) a top demand side platform buyer was shifting a significant number of clients to a new platform which evaluated inventory differently; (2) as a result, PubMatic was seeing a reduction in ad spend and revenue from this top demand side platform buyer; and (3) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
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