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PubMatic faces fraud lawsuit over undisclosed client shift that hurt revenue and stock.
A securities fraud class-action lawsuit has been filed against PubMatic, Inc., alleging the company made false or misleading statements about its business and revenue between February 27 and August 11, 2025.
The complaint claims executives failed to disclose that a major ad platform client was shifting to a new system, causing a drop in ad spend and revenue, which led to a 21.1% stock price decline.
Investors who bought PubMatic stock during that period may be eligible to seek compensation.
A deadline of October 20, 2025, is set for potential lead plaintiffs to file motions.
More details are available at the provided link.
PubMatic enfrenta una demanda por fraude por un cambio de cliente no revelado que perjudicó los ingresos y las acciones.