{"id":29522,"date":"2026-07-01T22:20:00","date_gmt":"2026-07-01T20:20:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=241dae4b33593652a21bd69287143406"},"modified":"2026-07-01T22:20:00","modified_gmt":"2026-07-01T20:20:00","slug":"glancy-prongay-wolke-rotter-llp-a-leading-securities-fraud-law-firm-encourages-hub-group-inc-hubg-shareholders-to-inquire-about-securities-fraud-class-action","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=29522","title":{"rendered":"Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm Encourages Hub Group, Inc. (HUBG) Shareholders To Inquire About Securities Fraud Class Action"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP<\/a>, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Hub Group, Inc. (\u201cHub Group\u201d or the \u201cCompany\u201d) (NASDAQ: HUBG<\/a>) securities between April 28, 2023 and May 11, 2026<\/b>, inclusive (the \u201cClass Period\u201d). Hub Group investors have until August 28, 2026 <\/b>to file a lead plaintiff motion.<\/p><\/a><\/a>

\nIF YOU SUFFERED A LOSS ON YOUR HUB GROUP, INC. (HUBG) INVESTMENTS, CLICK <\/b>HERE<\/b><\/a> TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS<\/b><\/p>

\nWhat Happened?<\/b><\/p>

\nOn February 5, 2026, Hub Group disclosed it had \u201cidentified an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025.\u201d <\/i><\/b>The Company determined that, as a result, financial statements for those periods should no longer be relied upon.<\/p>

\nThe Company further stated it \u201cexpects to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for the year ended December 31, 2025<\/i><\/b>.\u201d<\/p>

\nOn this news, Hub Group\u2019s stock price fell $9.34, or 18.3%, to close at $41.96 per share on February 6, 2026, thereby injuring investors.<\/p>

\nThen, on May 12, 2026, Hub Group disclosed that additional financial statements from 2023 and 2024 would need to be restated after the Company had \u201cidentified certain transactions that were prematurely or incorrectly recognized or not adequately supported.\u201d <\/i><\/b>The Company also announced that it would be unable to timely file its first quarter 2026 financial report as well as its full year 2025 annual report.<\/p>

\nOn this news, Hub Group\u2019s stock price fell $5.24, or 12.5%, to close at $36.62 per share on May 12, 2026, thereby injuring investors further.<\/p>

\nWhat Is The Lawsuit About?<\/b><\/p>

\nThe complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company\u2019s financial statements prepared for the periods from Q1 2023 to Q4 2024 contained material misstatements caused by the premature and incorrect recognition of certain transactions; (2) the Company\u2019s financial statements prepared for the periods from Q1 2025 to Q3 2025 contained material misstatements caused by the understatement of purchased transportation costs and accounts payable; and (3) as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>

\nIf you purchased or otherwise acquired Hub Group securities during the Class Period, you may move the Court no later than August 28, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.<\/b><\/p>

\nContact Us To Participate or Learn More:<\/b><\/p>

\nIf you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:\nCharles Linehan, Esq.,\nGlancy Prongay Wolke & Rotter LLP,\n1925 Century Park East, Suite 2100,\nLos Angeles California 90067\nEmail: shareholders@glancylaw.com<\/a>Telephone: 310-201-9150,\nToll-Free: 888-773-9224\nVisit our website at www.glancylaw.com<\/a>.\nFollow us for updates on LinkedIn<\/a>, Twitter<\/a>, or Facebook<\/a>.<\/p>

\nIf you inquire by email, please include your mailing address, telephone number and number of shares purchased.<\/p>

\nTo be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class.<\/p>

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

\nContact Us:<\/b>Glancy Prongay Wolke & Rotter LLP,\n1925 Century Park East, Suite 2100\nLos Angeles, CA 90067\nCharles Linehan<\/b>Email: shareholders@glancylaw.com<\/a>Telephone: 310-201-9150\nToll-Free: 888-773-9224\nVisit our website at: www.glancylaw.com<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Hub Gr…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29522","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/29522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29522"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/29522\/revisions"}],"predecessor-version":[{"id":29523,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/29522\/revisions\/29523"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}