Hub Group (NASDAQ:HUBG – Get Free Report) will likely be issuing its Q1 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to post earnings of $0.0658 per share and revenue of $964.07 million for the quarter. Interested persons may review the information on the company’s upcoming Q1 2026 earnings report page for the latest details on the call scheduled for Tuesday, October 20, 2026 at 4:00 PM ET.
Hub Group Stock Down 0.5% NASDAQ:HUBG opened at $26.25 on Thursday. The stock’s 50 day moving average price is $35.11 and its 200 day moving average price is $40.42. The company has a market capitalization of $1.61 billion, a PE ratio of 15.17 and a beta of 1.24. Hub Group has a 52-week low of $25.64 and a 52-week high of $53.26.
Hub Group Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st were paid a $0.1250 dividend. The ex-dividend date was Monday, September 21st. This represents a $0.50 dividend on an annualized basis and a yield of 1.9%. Hub Group’s payout ratio is currently 28.90%.
Analyst Ratings Changes A number of equities research analysts have weighed in on HUBG shares. UBS Group reiterated a “neutral” rating on shares of Hub Group in a research note on Tuesday, September 15th. Zacks Research lowered shares of Hub Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 7th. Barclays set a $30.00 target price on shares of Hub Group and gave the stock an “equal weight” rating in a research report on Monday, September 28th. Robert W. Baird raised shares of Hub Group from a “neutral” rating to an “outperform” rating and set a $29.00 target price on the stock in a report on Monday. Finally, Wells Fargo & Company reiterated a “negative” rating and issued a $28.00 price target (down from $35.00) on shares of Hub Group in a research report on Tuesday, October 6th. Six analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $40.67. Check Out Our Latest Analysis on Hub Group
Hub Group Company Profile (Get Free Report)
Hub Group, Inc (NASDAQ: HUBG) is a North American transportation and logistics company headquartered in Oak Brook, Illinois. The company helps businesses move goods through a combination of intermodal, truckload, less-than-truckload, final-mile and other transportation services.
Hub Group’s intermodal operations coordinate freight shipments using rail and trucks, while its brokerage business connects shippers with third-party transportation providers. The company also provides dedicated transportation, managed transportation, logistics, warehousing and supply chain solutions designed to support customers’ domestic freight and distribution needs.
Founded in 1971, Hub Group serves customers throughout the United States and maintains transportation capabilities extending into Canada and Mexico.
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New York, New York--(Newsfile Corp. - October 14, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential breaches of fiduciary duties by the directors and officers of Hub Group, Inc. (NASDAQ: HUBG).
If you currently own shares of Hub Group stock, please visit the firm's website at https://rosenlegal.com/cases/hub-group-inc-2026/join for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected].
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319040
, /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces an investigation of potential breaches of fiduciary duties by the directors and officers of Hub Group, Inc. (NASDAQ: HUBG).
If you currently own shares of Hub Group stock, please visit the firm's website at https://rosenlegal.com/cases/hub-group-inc-2026/join for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected].
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
New Centralized Hub Supports up to Eight Sensors for Precise, Repeatable, Non-Contact Temperature Measurement in Space-Constrained Semiconductor Equipment
DENVER--(BUSINESS WIRE)--Advanced Energy Industries Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, today launched the new Centra™ Smart Hub at SEMICON West in San Francisco.
The Centra Smart Hub, combined with Advanced Energy’s new Remote Smart Sensors (RSS), enables more accurate wafer-temperature measurement and real-time temperature control for many lamp-heated Si and SiC thermal processes, such as rapid thermal annealing (RTA) and Epitaxial (Epi) growth.
The result is a comprehensive, customizable solution that delivers industry-leading performance, with up to a 40% improvement in accuracy over other standard solutions when measuring at either 3.3 um or 5.2 um and at temperatures up to 1700°C. This is a critical leap for new and emerging semiconductor manufacturing processes, leading to increased throughput, process uniformity, and product quality. The Centra Smart Hub includes embedded ECAT and Ethernet protocols to integrate into today’s leading system architectures for faster time-to-market and new applications.
“Advanced Energy’s new Centra Smart Hub and Remote Smart Sensors deliver industry-leading performance to meet today’s process requirements along with a new architecture for semiconductor processing systems,” said Juergen Braun, Executive Vice President of Plasma Power at Advanced Energy. “The Centra Smart Hub enables temperature measurement for Si and SiC processes to help fabs improve wafer-to-wafer repeatability and thermal uniformity for higher yields.”
Many of these processes rely on infrared (IR) lamp heating, which can challenge traditional pyrometers, many of which operate in the short- and near-IR measurement wavelengths. The strong thermal signal from IR lamps can “flood” or saturate traditional near-IR pyrometers, making them unsuitable for wafer measurement. For this reason, measuring at a different wavelength can avoid the strong IR signal produced by the lamps and reduce its effect on the detected temperature.
Centra's hub-and-spoke architecture has been optimized for semiconductor chambers. The Centra Smart Hub is placed in an instrument rack and connected to the RSS. The RSS is installed directly on the chamber and provides multiple measurement points across the wafer in ambient temperatures of up to 60°C.
See product specifications and more information here.
About Advanced Energy
Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement, and control solutions for mission-critical applications and processes. AE’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing, and healthcare. With engineering know-how and responsive worldwide service and support, the company builds collaborative partnerships to meet evolving technology requirements, drive customer growth, and innovate the future of power. Advanced Energy has devoted more than four decades to perfecting power for its global customers and is headquartered in Denver, Colorado, USA.
Advanced Energy | Precision. Power. Performance. Trust.
Power capacity secured with Oncor; contractor selection and permitting underway ahead of targeted H1 2027 commissioning of cutting and finishing operations and Phase 1 completion targeted for mid-2028
VANCOUVER, BC / ACCESS Newswire / October 13, 2026 / CoTec Holdings Corp. (TSXV:CTH)(OTCQX:CTHCF) ("CoTec" or the "Company") notes the press release issued today by its joint venture, HyProMag USA, LLC ("HyProMag USA"), providing an update on development activities for its Texas Hub rare earth magnet recycling and manufacturing project in Dallas-Fort Worth, Texas (the "Texas Hub"). Following the commencement of formal power supply discussions announced on June 22, 2026,i HyProMag USA has secured electrical power capacity with Oncor Electric Delivery Company LLC ("Oncor") for the Texas Hub development and expects the facility's electricity requirements to be supplied predominantly from renewable energy resources.
Key Highlights
Power capacity secured: Power capacity secured with Oncor for both cutting and finishing operations and the Phase 1 development, with a pathway through a sub-station upgrade to provide power for Phase 2.Contractor selection and permitting underway: Pegasus TSI, Inc. ("Pegasus") has commenced contractor selection for cutting and finishing operations and Weston Solutions, Inc. ("Weston") is advancing permitting activities.Cutting and finishing operations targeted for H1 2027: Targeted commissioning of cutting and finishing operations in H1 2027 with the processing of neodymium iron boron ("NdFeB") magnet blocks, initially supplied from HyProMag Group operations, to produce finished magnets.Phase 1 development: Phase 1 development is targeted for completion in mid-2028 and is designed to produce approximately 550 tonnes per annum ("tpa") of NdFeB magnet blocks and finished magnets and approximately 484 tpa of co-products, representing approximately 1,034 tpa of total payable production.Phase 2 development: Phase 2 development envisions expansion to approximately 1,526 tpa of total payable production.Renewable energy supply: Electricity supply expected to be sourced predominantly from renewable energy resources.Julian Treger, Chief Executive Officer of CoTec Holdings Corp., commented: "Securing power with Oncor, advancing permitting activities through Weston Solutions and commencing contractor selection are important milestones for the Texas Hub. Initial cutting and finishing operations in 2027 are expected to establish U.S. magnet finishing and qualification capabilities aligned with internationally recognized magnetic material and quality standards, while the full Phase 1 development will deliver integrated recycling and magnet manufacturing capacity. Together, these activities further de-risk the project and demonstrate continued progress towards establishing a domestic and sustainable rare earth magnet supply chain in the United States."
Cutting and Finishing Operations
Cutting and finishing operations in 2027 comprise the initial magnet finishing and qualification facility, enabling production and qualification of finished NdFeB magnets using magnet blocks supplied from HyProMag Group operations. The facility is designed to process NdFeB magnet blocks and support qualification of finished magnets in accordance with ASTM A977/A977M, the national classification standard for magnetic materials, together with quality management systems aligned with ISO 9001 and customer-specific quality, performance and traceability requirements. The objective is to establish qualification capabilities that meet the requirements of U.S. customers and establish a strategic training facility for the finishing of NdFeB magnets in advance of the main Texas Hub developments.
Permitting and Contractor Selection
Weston is advancing permitting activities for the Texas Hub, while HyProMag USA's engineering partner Pegasus has commenced a Request for Quotation ("RFQ") process for the selection of a general contractor for cutting and finishing operations. Pegasus and BBA USA Inc. are HyProMag USA's U.S.-based engineering, procurement and construction management firms.
Phase 1 and Phase 2 Development
Phase 1 represents the first integrated recycling and magnet manufacturing stage of the Texas Hub and is designed to produce approximately 550 tpa of sintered NdFeB magnet blocks and finished magnets, together with approximately 484 tpa of co-products, representing total payable production of approximately 1,034 tpa. Upon completion of Phase 2, the Texas Hub is expected to produce approximately 1,048 tpa of sintered NdFeB magnet blocks and cylinders, together with approximately 478 tpa of co-products, representing total payable production of approximately 1,526 tpa.
About HyProMag USA
HyProMag USA is developing advanced rare earth magnet recycling and manufacturing operations to establish a secure domestic U.S. supply chain for NdFeB magnets, essential components for AI infrastructure, defense systems, robotics, electric vehicles, and advanced electronics. Leveraging the revolutionary Hydrogen Processing of Magnet Scrap ("HPMS") technology, developed over 15 years with over US$100 million in R&D investment, HyProMag USA delivers faster magnet-to-magnet short-loop recycling that uses 88% less energy and reduces carbon emissions by 85% compared to conventional methods. HPMS accepts a wide range of magnet-bearing feedstocks - including end-of-life EV motors, data-center and industrial equipment, consumer electronics, and manufacturing scrap - enabling recovery of magnet-grade material without chemical processing.
Ownership
HyProMag USA LLC is owned 50:50 by CoTec and HyProMag Limited. HyProMag Limited is 100% owned by Maginito Limited, which is owned 79.4% by Mkango Magnetic Materials Limited (AIM/TSX-V: MKA) and 20.6% by CoTec.
For more information on HyProMag USA, please visit www.hypromagusa.com
About CoTec
CoTec Holdings Corp. (TSXV:CTH)(OTCQX:CTHCF) is redefining the future of resource extraction and recycling. Focused on rare earth magnets and strategic materials, CoTec integrates breakthrough technologies with strategic assets to unlock secure, sustainable, and low-cost supply chains.
CoTec's mission is clear: accelerate the energy transition while strengthening strategic mineral supply chains for the countries we operate in. By investing in and deploying disruptive technologies, the Company delivers capital-efficient, scalable solutions that transform marginal assets, tailings, waste streams, and recycled products into high-value critical minerals.
From its HyProMag USA magnet recycling joint venture in Texas, to iron tailings reprocessing and reclamation in Québec, to next-generation copper and iron solutions backed by global majors, CoTec is building a diversified portfolio with long-term growth, rapid cash flow potential, and high barriers to entry. The result is a differentiated platform at the intersection of technology, sustainability, and strategic materials.
Statements in this press release regarding the Company and its investments which are not historical facts are "forward-looking statements" which involve risks and uncertainties, including statements relating to the development of the Texas Hub, the supply of power to the Texas Hub, permitting and contractor selection, the targeted timing of commissioning and development, the supply of magnet blocks from HyProMag Group operations, the qualification of finished magnets, targeted production capacity, the potential expansion of the Texas Hub, and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements, due to known and unknown risks and uncertainties affecting the Company, including but not limited to: availability of financing; environmental risks and costs; permitting and regulatory risks; labour costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labour disputes and work stoppages; leasing costs and the availability of equipment; heavy equipment demand and availability; contractor and subcontractor performance issues; worksite safety issues; project delays and cost overruns; extreme weather conditions; and social, transport and geopolitical disruptions. For further details regarding risks and uncertainties facing the Company please refer to "Risk Factors" in the Company's filing statement dated April 6, 2022, a copy of which may be found under the Company's SEDAR+ profile at www.sedarplus.ca. The Company assumes no responsibility to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this press release and are encouraged to read the Company's continuous disclosure documents which are available on SEDAR+ at www.sedarplus.ca.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
i https://www.cotec.ca/news/cotec-holdings-corp-notes-hypromag-usa-advancement-of-texas-hub-and-us-magnet-platform
NEW YORK, Oct. 12, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential breaches of fiduciary duties by the directors and officers of Hub Group, Inc. (NASDAQ: HUBG).
Hub Group, Inc. (NASDAQ:HUBG – Get Free Report) gapped up prior to trading on Monday after Robert W. Baird upgraded the stock from a neutral rating to an outperform rating. The stock had previously closed at $25.76, but opened at $26.52. Robert W. Baird now has a $29.00 price target on the stock. Hub Group shares last traded at $26.26, with a volume of 134,480 shares.
Other analysts have also issued reports about the company. JPMorgan Chase & Co. dropped their price objective on Hub Group from $50.00 to $46.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. Wells Fargo & Company reaffirmed a “negative” rating and set a $28.00 target price (down from $35.00) on shares of Hub Group in a research note on Tuesday, October 6th. Stifel Nicolaus set a $29.00 target price on Hub Group and gave the company a “hold” rating in a research report on Thursday, October 1st. Weiss Ratings lowered Hub Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, September 21st. Finally, Barclays set a $30.00 price target on shares of Hub Group and gave the company an “equal weight” rating in a research note on Monday, September 28th. Six equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $40.67.
Get Our Latest Research Report on Hub Group
Institutional Investors Weigh In On Hub Group
Several large investors have recently bought and sold shares of HUBG. Cim Investment Management Inc. purchased a new position in shares of Hub Group in the second quarter valued at approximately $261,000. Engineers Gate Manager LP acquired a new stake in shares of Hub Group in the second quarter worth approximately $460,000. Squarepoint Ops LLC increased its position in shares of Hub Group by 31.9% during the second quarter. Squarepoint Ops LLC now owns 63,882 shares of the transportation company’s stock worth $2,797,000 after purchasing an additional 15,449 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of Hub Group by 8.8% during the second quarter. Baird Financial Group Inc. now owns 104,493 shares of the transportation company’s stock worth $4,576,000 after purchasing an additional 8,464 shares in the last quarter. Finally, Nykredit A S purchased a new stake in shares of Hub Group during the second quarter worth approximately $25,000. 46.77% of the stock is currently owned by hedge funds and other institutional investors.
Hub Group Stock Performance
The company has a 50 day moving average of $36.35 and a 200 day moving average of $40.63. The stock has a market capitalization of $1.61 billion, a price-to-earnings ratio of 15.16 and a beta of 1.24.
Hub Group Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st were issued a dividend of $0.1250 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.9%. Hub Group’s dividend payout ratio is presently 28.90%.
About Hub Group
(Get Free Report)
Hub Group, Inc (NASDAQ: HUBG) is a North American transportation and logistics company headquartered in Oak Brook, Illinois. The company helps businesses move goods through a combination of intermodal, truckload, less-than-truckload, final-mile and other transportation services.
Hub Group’s intermodal operations coordinate freight shipments using rail and trucks, while its brokerage business connects shippers with third-party transportation providers. The company also provides dedicated transportation, managed transportation, logistics, warehousing and supply chain solutions designed to support customers’ domestic freight and distribution needs.
Founded in 1971, Hub Group serves customers throughout the United States and maintains transportation capabilities extending into Canada and Mexico.
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New York, New York--(Newsfile Corp. - October 11, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential breaches of fiduciary duties by the directors and officers of Hub Group, Inc. (NASDAQ: HUBG).
If you currently own shares of Hub Group stock, please visit the firm's website at https://rosenlegal.com/cases/hub-group-inc-2026/join for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected].
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/318394
New York, New York--(Newsfile Corp. - October 10, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential breaches of fiduciary duties by the directors and officers of Hub Group, Inc. (NASDAQ: HUBG).
If you currently own shares of Hub Group stock, please visit the firm's website at https://rosenlegal.com/cases/hub-group-inc-2026/join for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected].
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/318393
, /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces an investigation of potential breaches of fiduciary duties by the directors and officers of Hub Group, Inc. (NASDAQ: HUBG).
If you currently own shares of Hub Group stock, please visit the firm's website at https://rosenlegal.com/cases/hub-group-inc-2026/join for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected].
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces an investigation of potential breaches of fiduciary duties by the directors and officers of Hub Group, Inc. (NASDAQ: HUBG).If you currently own shares of Hub Group stock, please visit the firm's website at https://rosenlegal.com/cases/hub-group-inc-2026/join for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] Rosen Law: We.
Hub Group, Inc. (NASDAQ:HUBG – Get Free Report)’s stock price reached a new 52-week low on Monday after Wall Street Zen downgraded the stock from a hold rating to a sell rating. The stock traded as low as $29.21 and last traded at $29.2230, with a volume of 25547 shares trading hands. The stock had previously closed at $29.77.
A number of other brokerages also recently issued reports on HUBG. Weiss Ratings downgraded shares of Hub Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, September 21st. Raymond James Financial decreased their price objective on shares of Hub Group from $48.00 to $40.00 and set an “outperform” rating for the company in a research report on Thursday, September 17th. Wells Fargo & Company set a $35.00 target price on shares of Hub Group in a report on Monday, September 14th. UBS Group restated a “neutral” rating on shares of Hub Group in a report on Tuesday, September 15th. Finally, Stifel Nicolaus set a $29.00 price target on shares of Hub Group and gave the company a “hold” rating in a research report on Thursday. Five research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $41.31.
Check Out Our Latest Analysis on HUBG
Institutional Inflows and Outflows A number of large investors have recently made changes to their positions in the business. Wellington Management Group LLP boosted its position in Hub Group by 7.1% in the second quarter. Wellington Management Group LLP now owns 7,446,774 shares of the transportation company’s stock worth $326,094,000 after purchasing an additional 491,130 shares during the last quarter. Capital International Investors boosted its holdings in shares of Hub Group by 16.9% in the 4th quarter. Capital International Investors now owns 3,465,688 shares of the transportation company’s stock worth $147,673,000 after buying an additional 501,955 shares during the last quarter. River Road Asset Management LLC increased its holdings in Hub Group by 6.6% during the fourth quarter. River Road Asset Management LLC now owns 1,320,784 shares of the transportation company’s stock worth $56,279,000 after buying an additional 81,764 shares during the last quarter. Bank of America Corp DE increased its holdings in Hub Group by 8.1% during the first quarter. Bank of America Corp DE now owns 810,131 shares of the transportation company’s stock worth $29,197,000 after buying an additional 61,025 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in Hub Group by 2.0% in the first quarter. Principal Financial Group Inc. now owns 294,418 shares of the transportation company’s stock worth $10,611,000 after acquiring an additional 5,731 shares during the period. 46.77% of the stock is owned by institutional investors. Hub Group Stock Down 1.2% The firm’s 50-day simple moving average is $38.35 and its 200 day simple moving average is $40.89. The firm has a market cap of $1.80 billion, a P/E ratio of 16.96 and a beta of 1.24.
Hub Group Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st were paid a dividend of $0.1250 per share. The ex-dividend date was Monday, September 21st. This represents a $0.50 annualized dividend and a dividend yield of 1.7%. Hub Group’s dividend payout ratio is presently 28.90%.
Hub Group Company Profile (Get Free Report)
Hub Group, Inc (NASDAQ: HUBG) is a North American transportation and logistics company headquartered in Oak Brook, Illinois. The company helps businesses move goods through a combination of intermodal, truckload, less-than-truckload, final-mile and other transportation services.
Hub Group’s intermodal operations coordinate freight shipments using rail and trucks, while its brokerage business connects shippers with third-party transportation providers. The company also provides dedicated transportation, managed transportation, logistics, warehousing and supply chain solutions designed to support customers’ domestic freight and distribution needs.
Founded in 1971, Hub Group serves customers throughout the United States and maintains transportation capabilities extending into Canada and Mexico.
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OAK BROOK, Ill., Oct. 02, 2026 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) (“Hub Group” or the “Company”) today announced changes to its Board of Directors (the “Board”) following an action by written consent of its controlling shareholders.
On October 1, 2026, shareholders representing a majority of the combined voting power of the Company’s outstanding common stock, consisting of members of the Yeager family and related trusts, acted by written consent to:
Appoint Gregory D. Bunch, Thomas P. Fitzgerald, Thaddeus J. Malik and Thomas M. White to the Board;Remove Michael Flannery, Peter McNitt and Gary Yablon from the Board without cause; andAdopt the Company’s Second Amended and Restated Bylaws.
These actions took effect upon delivery of the written consent to the Company’s Corporate Secretary, in accordance with Delaware law and the Company’s bylaws. Each newly appointed director will serve until the Company’s next annual meeting of shareholders or until his earlier death, termination, resignation or removal. Following the delivery of the written consent, Mary H. Boosalis, Jenell Ross and Martin P. Slark resigned from the Board, effective October 1, 2026.
The Board now consists of seven (7) directors: David P. Yeager (Chairman), Phillip D. Yeager (Vice Chairman), Gregory D. Bunch, Thomas P. Fitzgerald, James C. Kenny, Thaddeus J. Malik and Thomas M. White. The Board intends to appoint a new Lead Independent Director as soon as practicable and will also reconstitute its standing committees.
The Company intends to maintain a majority-independent Board and fully independent Compensation and Nominating and Governance Committees, and will continue to meet Nasdaq and U.S. Securities and Exchange Commission (“SEC”) audit committee independence requirements.
The Board changes do not affect the Company’s management team, strategy or day-to-day operations. David P. Yeager remains Chairman and Chief Executive Officer, and Phillip D. Yeager remains President and Vice Chairman. The leadership changes announced on September 14, 2026 are also unaffected.
“We believe that the newly appointed directors will bring valuable perspectives and relevant expertise to the Board’s oversight of the Company’s management, business and ongoing initiatives,” said David P. Yeager. “They intend to work constructively and collaboratively with the continuing directors to advance the best interests of Hub Group and all of its stakeholders. We will remain focused on our long-term strategy to drive growth, profitability and operating cash flows, as we work to deliver for our shareholders, customers and team members.”
The Company’s finance and accounting team continues to work expeditiously to complete the restatement process and file the Company’s delayed periodic reports. Hub Group continues to expect to complete this process in the fourth quarter of 2026. As previously announced, on September 16, 2026, the Company received a Staff Delisting Determination (the “Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), which notified the Company that it had initiated a process to delist the Company’s Class A common stock. The Staff Determination was issued because the Company has not filed its Annual Report on Form 10-K for the year ended December 31, 2025 and its Quarterly Reports on Form 10-Q for the periods ended March 31, 2026 and June 30, 2026, and therefore is not in compliance with Nasdaq Listing Rule 5250(c)(1). Receipt of the Staff Determination did not immediately result in the suspension of trading or delisting of the Company’s Class A common stock.
The Company has appealed the Staff Determination by requesting a hearing before the Nasdaq Hearings Panel. The Company requested, and has been granted, a stay of the delisting action pending the outcome of the hearing currently scheduled for October 27, 2026.
Additional information is included in the Company’s Current Report on Form 8-K filed with the SEC on October 2, 2026.
Biographies of the Newly Appointed Directors
Gregory D. Bunch
Mr. Bunch, age 67, has served as an Adjunct Professor of Entrepreneurship at the University of Chicago Booth School of Business for nearly twenty (20) years, teaching entrepreneurship, growth strategy, competitive strategy, innovation, marketing and mergers and acquisitions in both the MBA program and Executive Education. He is also the owner of Gregory Bunch Consulting, a management consulting firm. Mr. Bunch was the founder and Chief Executive Officer of Masterplan International Corporation, a strategy consultancy, from 1998 to 2018, and co-founded Oration Health, a healthcare software-as-a-service business. He was also a partner in Brandtrust, a brand strategy consultancy. Over the course of his career, he has advised hundreds of startups and dozens of publicly and privately held corporations, and has served as an Independent Trustee of Elkhorn Investments from its founding until its sale to Innovator, as well as on advisory boards for companies in the financial services, consulting, retail, franchising and marketing industries. Mr. Bunch has lectured nationally and internationally on topics related to strategy, creating customers and innovation. He earned a bachelor’s degree in philosophy from Wheaton College and an MDiv from Harvard University.
Thomas P. Fitzgerald
Mr. Fitzgerald, age 72, was a partner at Winston Taylor LLP (formerly known as Winston & Strawn LLP), an international law firm. From 2006 to June 2024, Mr. Fitzgerald served as Chairman and Managing Partner of the firm’s Executive Committee. Under his leadership, the firm opened ten (10) offices on three continents and significantly expanded its practice and sector offerings, including in private equity, finance, funds, intellectual property, complex commercial litigation and real estate. Over the course of his tenure, Mr. Fitzgerald also advanced the firm’s client initiatives in the financial services, technology, energy, and life sciences sectors. Mr. Fitzgerald holds a B.A. from the University of Notre Dame and a J.D., with honors, from the Notre Dame Law School.
Thaddeus J. Malik
Mr. Malik, age 59, has served as President and Principal of S2T Solutions LLC, a transactional advisory services company, since 2022. Previously, he was a partner at Paul Hastings LLP, an international law firm, from 2010 to 2022, a partner at Jenner & Block LLP from 2002 to 2010, and Vice President and General Counsel of Lante Corporation, a formerly publicly traded technology consulting company, from 2000 to 2002. Mr. Malik has more than thirty (30) years of experience as a corporate and securities advisor to boards and committees of public companies and as a mergers and acquisitions attorney. He has served as an independent director of CenterPoint Energy, Inc. (NYSE: CNP) since September 2023, where he currently serves on the Corporate Governance and Nominating Committee and the Human Capital and Compensation Committee and previously served on the Audit and Compliance Committee and the Safety and Operations Committee. He also served as an independent director of Health Care Service Corporation, the parent of Blue Cross and Blue Shield of Illinois, Texas, Montana, Oklahoma and New Mexico, from 2019 to 2025. Mr. Malik holds a B.A. from Northwestern University and a J.D. from Harvard Law School, and has earned director certifications from the National Association of Corporate Directors and Harvard Business School, as well as the CERT Certificate in Cybersecurity Oversight from the Carnegie Mellon University Software Engineering Institute.
Thomas M. White
Mr. White, age 69, is a global business leader and experienced board member with over forty five (45) years of experience in financial and operational management. Mr. White previously served as the Company’s Chief Financial Officer and Senior Vice President from 2002 to 2007. From 2007 to 2014, he served as an Operating Partner of Apollo Global Management, Inc. (NYSE: APO), a leading global alternative investment manager, where he assumed senior leadership positions in key portfolio companies, including as Interim Chief Operating Officer and Interim Chief Financial Officer of CEVA Logistics and Interim Chief Financial Officer of Constellium N.V. (NYSE: CSTM). Previously, Mr. White served for twenty three (23) years at Arthur Andersen LLP, where he held leadership positions including Global Managing Partner of Business Process Outsourcing and Office Managing Partner. Mr. White served as Chairman of the Board of Directors of Sterling Infrastructure, Inc. (Nasdaq: STRL) from 2019 to 2024, and has served as a member of the board of directors of JPW Industries, a private industrial machinery company. Mr. White holds a B.B.A. in Accountancy from Western Michigan University and an M.S. in Business Administration from Purdue University.
Certain Forward-Looking Statements
Statements in this press release that are not historical facts are forward-looking statements, provided pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995, including statements regarding the outcome of the Company’s appeal to the Nasdaq Hearings Panel, the Company’s plans to regain full compliance with Nasdaq’s continued listing requirements, and any other statements regarding Hub Group’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts.
These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors that might cause the actual performance of Hub Group to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: the Company’s ability to complete the previously-announced restatement of its financial statements and regain compliance with Nasdaq’s listing rules; unanticipated delays that cause the Company’s delinquent periodic reports to be filed later than currently expected; the risk that its plan to regain compliance with Nasdaq’s continued listing requirements will not be accepted by the Nasdaq Hearings Panel or, if accepted, will not allow for sufficient time for the Company to regain compliance; the impact that the restatement process and further delays in the financial close process or the related audit may have on Hub Group’s business, financial condition and results of operations; and other risks discussed under the “Risk Factors” section in Hub Group’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings.
These forward-looking statements speak only as of the date hereof and Hub Group assumes no obligation to update any such forward-looking statements.
About Hub Group
Hub Group offers comprehensive transportation and logistics management solutions. Keeping our customers’ needs in focus, Hub Group designs, continually optimizes, and applies industry-leading technology to our customers’ supply chains for better service, greater efficiency, and total visibility. As an award-winning, publicly traded company (Nasdaq: HUBG), our approximately 6,000 employees and drivers across the globe are always in pursuit of “The Way Ahead” – a commitment to service, integrity and innovation. For more information, visit hubgroup.com.
Zealand Pharma announces opening of new Research Hub in Cambridge, Massachusetts
Builds on the Metabolic Frontier 2030 strategy, advancing its ambition to become a leader in obesity and metabolic healthRibbon-cutting ceremony marks the official opening of the Company’s primary U.S. address, expanding Zealand Pharma’s global research platform Copenhagen, Denmark, and Boston, Massachusetts, September 30, 2026 – Zealand Pharma A/S (Nasdaq: ZEAL) (CVR-no. 20045078), a biotechnology company transforming the future of metabolic health, today celebrated the opening of its new research hub at 35 CambridgePark Drive in Cambridge, Massachusetts, with a ribbon-cutting ceremony. The site, first announced in March 2026, is now the primary U.S. address of Zealand Pharma.
The ceremony was led by Adam Steensberg, President and Chief Executive Officer of Zealand Pharma, alongside Utpal Singh, Executive Vice President and Chief Scientific Officer, Christina Sonnenborg Bredal, Chief People Officer, and Martin Nicklasson, Chair of the Board.
"Today, this research hub goes from vision to reality," said Adam Steensberg, President and Chief Executive Officer of Zealand Pharma. "In December, we presented our ambition to become a leader in obesity and metabolic health. This research hub is a commitment to achieve that ambition. Tomorrow, our scientists begin research here, joining colleagues in Copenhagen, and I am excited to see this long-term investment and bridging between two leading life science communities flourish."
"The Cambridge hub will expand our platform and the biology we can modulate " said Utpal Singh, Executive Vice President and Chief Scientific Officer of Zealand Pharma. "This is integral to becoming a Generational Biotech. With automation and advanced modeling methodologies complemented with human intuition as the foundation of how we work here, we expect to move faster from idea to clinic, and Cambridge puts us shoulder to shoulder with some of the best scientific talent in the world to help us do it."
Expanding Zealand Pharma’s Research Platform
The 53,600 RSF (approximately 5,000 m2) Cambridge site expands Zealand Pharma's research capabilities beyond its core peptide expertise into hybrid modalities, including biologics such as antibody peptide conjugates. The platform will be built around automation and advanced modeling techniques to shorten the cycle time from idea to clinic.
Joining Cambridge’s Life Sciences Community
Cambridge is home to more than 600 life sciences companies and some of the world's leading academic and research talent. Zealand Pharma is actively hiring at the site, with continued growth expected, and has joined the Cambridge Chamber of Commerce as a new contributor to the Massachusetts life sciences economy.
Ribbon Cutting Ceremony to officially inaugurate Zealand Pharma Research Hub in Cambridge, MA.
(From left: Eric Rojas, VP, Head of Investor Relations, Zealand Pharma; Yi-An Huang, Cambridge City Manager; Christina Sonnenborg Bredal, Chief People Officer, EVP, Zealand Pharma; Sumbul Siddiqui, Mayor of Cambridge; Jesper Møller Sørensen, Danish Ambassador to the United States; Adam Steensberg, CEO and President, Zealand Pharma; Martin Nicklasson, Chair of the Board, Zealand Pharma; Utpal Singh, Chief Scientific Officer, EVP, Zealand Pharma; Kendalle Burlin O’Connell, CEO and President, MassBio; David Maher, President and CEO, Cambridge Chamber of Commerce).
35 CambridgePark Drive in Cambridge, Massachusetts.
About Zealand Pharma A/S
Zealand Pharma A/S (Nasdaq: ZEAL) is a biotechnology company focused on advancing medicines for obesity and metabolic health. Combining more than 25 years of peptide R&D expertise with a proprietary data platform that leverages advanced data-driven and AI/ML approaches, Zealand Pharma aims to lead a new era in obesity and metabolic health.
To date, more than ten Zealand Pharma-invented drug candidates have entered clinical development, of which two products have reached the market and three candidates are in late-stage development. The Company has collaborations with global pharmaceutical and biotechnology partners for research, development, and commercialization.
Founded in 1998, Zealand Pharma is headquartered in Copenhagen, Denmark, with a U.S. presence in Cambridge, Massachusetts. Learn more at www.zealandpharma.com.
Forward looking statements
This press release contains “forward-looking statements”, as that term is defined in the Private Securities Litigation Reform Act of 1995 in the United States, as amended, even though no longer listed in the United States this is used as a definition to provide Zealand Pharma’s expectations or forecasts of future events regarding the research, development and commercialization of pharmaceutical products, the timing of the company’s pre-clinical and clinical trials and the reporting of data therefrom. These forward-looking statements may be identified by words such as “aim,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “plan,” “possible,” “potential,” “will,” “would” and other words and terms of similar meaning. You should not place undue reliance on these statements, or the scientific data presented. The reader is cautioned not to rely on these forward-looking statements. Such forward-looking statements are subject to risks, uncertainties and inaccurate assumptions, which may cause actual results to differ materially from expectations set forth herein and may cause any or all of such forward-looking statements to be incorrect, and which include, but are not limited to, unexpected costs or delays in clinical trials and other development activities due to adverse safety events, patient recruitment or otherwise; unexpected concerns that may arise from additional data, analysis or results obtained during clinical trials; our ability to successfully market both new and existing products; changes in reimbursement rules and governmental laws and related interpretation thereof; government-mandated or market-driven price decreases for our products; introduction of competing products; production problems at third party manufacturers; dependency on third parties, for instance contract research or development organizations; unexpected growth in costs and expenses; our ability to affect the strategic reorganization of our businesses in the manner planned; failure to protect and enforce our data, intellectual property and other proprietary rights and uncertainties relating to intellectual property claims and challenges; regulatory authorities may require additional information or further studies, or may reject, fail to approve or may delay approval of our drug candidates or expansion of product labeling; failure to obtain regulatory approvals in other jurisdictions; exposure to product liability and other claims; interest rate and currency exchange rate fluctuations; unexpected contract breaches or terminations; inflationary pressures on the global economy; and political uncertainty. If any or all of such forward-looking statements prove to be incorrect, our actual results could differ materially and adversely from those anticipated or implied by such statements. The foregoing sets forth many, but not all, of the factors that could cause actual results to differ from our expectations in any forward-looking statement. All such forward-looking statements speak only as of the date of this company announcement and are based on information available to Zealand Pharma as of the date of this announcement. We do not undertake to update any of these forward-looking statements to reflect events or circumstances that occur after the date hereof. Information concerning pharmaceuticals (including compounds under development) contained within this material is not intended as advertising or medical advice.
Zealand Pharma® is a registered trademark of Zealand Pharma A/S.
Contacts
Eric Rojas (Investors)
Vice President, Head of Investor Relations [email protected]
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE UK VERSION OF REGULATION (EU) NO. 596/2014 ON MARKET ABUSE, AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AND REGULATION (EU) NO. 596/2014 ON MARKET ABUSE.
LONDON, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR) (TSXV: PLSR) (OTCQB: PSRHF) (“Pulsar” or the “Company”), a primary helium company, is pleased to announce that, further to its announcements dated June 30, 2026 and August 3, 2026, it has signed, through its wholly-owned subsidiary, Pulsar Helium MN Inc., and accepted a proposal (the “Proposal”) from Chart Energy & Chemicals, Inc. (“Chart”), a wholly-owned subsidiary of Baker Hughes Company (“Baker Hughes”), which operates as dedicated segment of Baker Hughes following the July 2026 acquisition of Chart Industries, Inc. The Proposal represents the agreement contemplated in the Company’s August 3, 2026, announcement and establishes a staged framework for the supply of equipment for Pulsar’s proposed Rare Gas Hub in Minnesota for an aggregate value of $85.5 million paid in stages on achievement of applicable milestones under the Proposal before applicable taxes, duties, shipping, commissioning and other items or adjustments not included in the Proposal.
Summary
Pulsar has signed Baker Hughes’ firm Proposal to supply the equipment for: A helium purification and liquefaction plant (and related equipment package) with helium liquification capacity of 861 liters per hour, equivalent to approximately 7.5 million liters of liquid helium annually at continuous nameplate operation (the “Helium Plant”)A CO2 plant with 300-tonne-per-day CO2 capture capacity (CO2 storage and loading equipment to be addressed separately) (the “CO2 Plant”) An upfront payment of US$5.025 million is payable upon signing and approval of TSX Venture Exchange (“TSXV”) which shall be satisfied from existing cash resources, and the next stage payment of US$8.55 million is scheduled for January 31, 2027, subject to further funding. See ‘Commercial Framework’ below for further details on the payment schedule. Thomas Abraham-James, Director and CEO of Pulsar, commented: “Signing and accepting Baker Hughes’ Proposal is a major milestone for Pulsar and an important step in advancing our proposed Rare Gas Hub. The planned Plant has a nameplate capacity of approximately 7.5 million litres of liquid helium and over 100,000 tons of liquid CO2 annually, supporting our strategy to develop an industrial scale rare-gas processing infrastructure in Minnesota.”
Equipment Scope and Capacity
The Proposal outlines the supply of equipment for the Helium Plant and CO2 Plant. Certain additional components relating to the CO2 Plant, including CO2 storage and loading and site-support services, are outside the current equipment-supply scope and will be addressed separately.
At stated nameplate capacity, the helium system would produce approximately 7.5 million liters of liquid helium annually before operating allowances, equivalent to approximately 200 million standard cubic feet of gaseous helium per year.
Equipment manufacture is scheduled to take place over an approximate two-year period following receipt of the Milestone 2 payment. Certain equipment included in the Proposal and relating specifically to the helium liquefaction system has already been manufactured.
Proposed Lake County Site
Separately, the Company is progressing discussions regarding a prospective Plant site in Lake County, Minnesota. Any acquisition, lease or other arrangement for the site remains subject to definitive documentation, satisfactory due diligence, confirmation of site and utility suitability, and applicable permits and approvals. The Company will provide further information if and when definitive documentation is executed.
Commercial Framework
The Proposal sets an aggregate equipment-supply price of US$85.5 million, for the Helium Plant and CO2 Plant. The equipment-supply price does not represent the total installed cost of the Plant and excludes taxes, duties and tariffs, installation and commissioning, site infrastructure and interconnections, and certain other owner and third-party costs.
The First Payment totaling US$5,025,000 is payable upon signing and approval of TSXV, inclusive of an amount of US $750,000 payable under the existing Limited Notice To Proceed (“LNTP”). All LNTP amounts (totalling US$1,000,000, including the US$250,000 deposit previously paid) will be credited dollar-for-dollar against applicable price and milestone payments under the Proposal. The Company currently has cash resources of US$25.2 million. The Proposal remains subject to approval of TSXV. Payment of Milestone 2 of US$8.55 million, is scheduled for January 31, 2027. Payment of Milestone 2 will authorize Chart to commence procurement of long-lead items. If Milestone 2 is not paid by that date, the project will automatically enter a suspension period of up to 180 days, during which the reserved helium liquefaction equipment will remain protected in accordance with the Proposal. During the suspension period, Pulsar will have no obligation to pay Milestone 2, and no cancellation charge will arise solely from the suspension. At the end of the suspension period, the parties will seek to agree whether to proceed, amend the commercial arrangements or terminate the project.
The Company continues to advance financing alternatives for the remaining payments under the Proposal and the wider development costs of the Plant and intends to update shareholders as material arrangements are confirmed.
The remaining milestones are tied to defined engineering, procurement, manufacture and delivery-readiness activities. They include issuance of piping and instrumentation diagrams (“P&IDs“) for hazard and operability study review; placement of orders for the pre-treatment and column major materials; issuance of P&IDs for manufacturing; confirmation that all major equipment is ready for shipment; and Chart’s submission of final documentation. Payments are scheduled against achievement of these milestones in accordance with the agreed project timetable, and combined comprise the full US$85.5 million contract value.
Cancellation Provisions
If Pulsar elects to terminate the Proposal for convenience, cancellation payments would be determined by the stage of work completed, ranging from 0% at project award to a maximum of 70% of the total contract value following Chart’s delivery of final project documentation. No cancellation payment would arise in respect of a milestone unless the associated milestone payment had become due and been paid by Pulsar.
Remaining Project Work
Development of the Plant remains subject to, among other matters, financing, payment of the applicable milestones under the Proposal, detailed engineering and EPC work, verification and testing of the equipment, definitive site arrangements, site development, receipt of required permits and regulatory approvals, installation and successful commissioning.
On behalf of Pulsar Helium Inc.
“Thomas Abraham-James”
CEO and Director
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About Pulsar Helium Inc.
Pulsar Helium Inc. is a publicly traded company quoted on the AIM market of the London Stock Exchange (United Kingdom) and listed on the TSX Venture Exchange with the ticker PLSR (Canada), as well as on the OTCQB with the ticker PSRHF (United States of America). Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, the Falcon project in Michigan (both in the USA), and the Tunu helium project in Greenland. Pulsar is the first mover in these locations with primary helium occurrences not associated with the production of hydrocarbons identified at both Topaz and Tunu.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward-looking information within the meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to the Company's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements. Forward-looking statements herein include, but are not limited to, statements relating to the Company’s proposed Rare Gas Hub and the Plant, including the proposed operation, capacity, production, performance and commissioning of the same; the Company’s ability to make the applicable milestone payments under the Proposal and the timing and performance of the work contemplated by the Proposal; the receipt of TSXV approval of the Proposal and the satisfaction of the upfront payment from existing cash resources; the stated design capacity of the Helium Plant of 861 liters per hour and the equivalent annual production of approximately 7.5 million liters of liquid helium, or approximately 200 million standard cubic feet of gaseous helium, at continuous nameplate operation; the stated capture capacity of the CO2 Plant of 300 tonnes per day and the anticipated annual production of over 100,000 tons of liquid CO2; the commencement of procurement of long-lead items following payment of Milestone 2; the Company’s intention to advance financing alternatives for the remaining payments under the Proposal and wider development costs of the Plant and to update shareholders as material arrangements are confirmed; the timing of the Milestone 2 payment and subsequent milestone payments; the crediting of the LNTP deposit and LNTP payment against amounts payable under the Proposal; the suspension provisions and their operation; the cancellation provisions and the amount of any cancellation payments; the Company’s discussions regarding a prospective Plant site in Lake County, Minnesota; and the remaining work required to develop the Plant, including detailed engineering and EPC work, site development, permitting, installation and commissioning. Forward-looking statements may involve estimates and are based upon assumptions made by management of the Company, including, but not limited to, the Company's capital cost estimates, management's expectations regarding the availability of capital to fund the Company's future capital and operating requirements; the ability to obtain all requisite regulatory approvals, including TSXV approval of the Proposal; Chart’s ability to deliver the equipment in accordance with the project timetable contemplated by the Proposal; the equipment meeting the stated design specifications and performance targets; and the Company’s ability to secure a suitable Plant site and related infrastructure on acceptable terms.
Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, that Pulsar may be unable to obtain sufficient financing or make the applicable milestone payments under the Proposal, which could result in the suspension, delay or termination of the project; the risk that, following any suspension period, the parties may not agree to proceed with or amend the commercial arrangements; the risk that cancellation payments may become payable if Pulsar elects to terminate for convenience; the risk that the total installed cost of the Plant, including taxes, duties, tariffs, installation, commissioning, site infrastructure and other costs excluded from the equipment-supply price, may be materially higher than anticipated; the risk that Pulsar may be unsuccessful in negotiating and executing a definitive agreement for the proposed Lake County site or securing the required land rights, electrical service, natural gas service and other infrastructure on acceptable terms; the risk that the equipment to be supplied under the Proposal may not meet the anticipated condition, performance, completion or project-specific requirements; or may not perform as anticipated or at all; the risk that actual lead times may differ materially from those contemplated by the Proposal due to supply chain constraints, manufacturing delays or other factors; the risk that actual production capacity, product purity and recovery rates may differ materially from stated design specifications; the risk that the requisite state rulemaking, environmental review, permitting and implementation steps will not be completed or will be delayed; the risk that TSXV approval may not be obtained on the anticipated timeline or at all; market conditions for helium and CO2 products; and other factors set forth above as well as risk factors included in the Company’s Annual Information Form dated February 3, 2026, for the year ended September 30, 2025, found under Company’s profile on www.sedarplus.ca.
Forward-looking statements contained in this news release are as of the date of this news release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. No assurance can be given that the forward-looking statements herein will prove to be correct and, accordingly, investors should not place undue reliance on forward-looking statements. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
CHICAGO--(BUSINESS WIRE)-- #cre--Cushman & Wakefield today announced the launch of the Skilled Trades Mentor Hub, a new initiative developed in partnership with 50strong that connects transitioning service members, veterans and military spouses directly with professionals working across skilled trades and related disciplines at Cushman & Wakefield and other companies across the country. Built within the 50strong Mentor platform, the Hub gives participants an opportunity to speak with current e.
, /PRNewswire/ -- Blue Moon Metals Inc. ("Blue Moon" or the "Company") (TSXV: MOON) (NASDAQ: BMM) is pleased to announce that it has signed a definitive agreement with Gold Coast Mining Inc. ("Gold Coast") to acquire 100% of the Turner Copper-Gold ("Turner") deposit located in O'Brien, Oregon. Turner is a past producing volcanic massive sulphide ("VMS") deposit located near the border between Oregon and California. The deposit type and associated metals are similar the Company's Blue Moon Mine located near Mariposa, California ("Blue Moon Mine"), which the Company is currently advancing through the development of a ramp with underground diamond drilling ongoing into the mineralization.
Christian Kargl-Simard, CEO of Blue Moon states: "Through our screening of Western US critical metals projects, Turner clearly met our spoke requirements with potential scale, timeline and logistics to our Springer hub. There is a clear synergy with the Blue Moon Mine to unlock with nearby rail infrastructure. Turner has seen limited exploration, with the potential for a VMS camp, along with unquantified cobalt potential. We plan to aggressively explore and develop Turner with establishment of an exploration drive into the deposit including both surface and underground drilling to support metallurgical work as soon as possible."
The Company believes that material that is extracted from Turner and the Blue Moon Mine may allow for comingling, or at least, use a similar flotation mill to produce both copper and zinc concentrates with strong precious metals credits. Additional metallurgical and engineering-related studies are required to verify if comingling is possible before it can be integrated into any future engineering report. These studies will be initiated to develop a PEA that is expected to incorporate the Blue Moon Mine and Turner with a new 1,800 tpd mill at the Company's Springer complex in Nevada. It is expected that the extracted material from both projects will be transported primarily by rail (Figure 1), however, transportation studies are required to demonstrate viability. The Company is targeting to complete these studies by the end of 2027. In the meantime, Blue Moon will initiate permitting for exploration drilling and underground development at Turner, which is expected to take 12 to 18 months. It should be noted that the Company undertook a similar permitting methodology for the Blue Moon Mine in California. For Turner, it will be assumed that there is no processing of extracted material in Oregon.
Turner (Copper – Gold – Zinc – Silver – Cobalt)
Turner is a Cyprus-type, VMS deposit that is located approximately 40 miles southwest of Grants Pass, Oregon near the border with California. The deposit can be potentially exploited by underground mining methods, and the project is contained within three patented mining claims, which total approximately 60 acres. An additional 574 acres of contiguous private land is also part of this transaction, as well as 15 unpatented lode mining claims.
The sulphide mineralization that comprises the deposit is hosted within primitive, ophiolitic volcanic rocks associated with sea floor volcanism in an extensional tectonic setting. Turner deposit has three distinct zones of sulphide mineralization: UHZ, MUZ, and MLZ; which are semi-tabular, stacked bodies that strike 130 degrees (southeast) and dip 35 degrees to the northeast. The known strike length of the sulphide mineralization is approximately 1000 to 1500 ft (305 to 457 metres) with a down dip extent of about 800 to 1000 ft (244 to 305 metres). The geologic continuity of the sulphide mineralization at Turner is well established through core drilling and 3D modeling of geology and structure.
In the May 17, 2010, historical PEA completed to NI 43-101 standards titled "Turner Gold Resource and Preliminary Economic Assessment" (prepared by: J.M. Marek, P.E.; B.W. Buck, R.P.G; M.D. Strickler, P.E.; S. Annavarapu, P.E.; and J.J. Moore, P.E.), there is a mineral resource estimate of 2.447 million tons of Indicated category material grading 1.25% copper, 2.79 g/t gold, 2.65% zinc, 9.64 g/t silver, and 0.05% cobalt, and 2.084 million tons of Inferred category material grading 0.99%, 2.73 g/t gold, 2.78% zinc, 19.91 g/t silver and 0.04% cobalt. The Company intends to disclose the mineral resource estimate ("MRE"), both Indicated and Inferred categories, as a historical MRE for Turner within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") adopted by the CIM Council on May 19, 2014. It should be noted that the non-Independent Qualified Person for the Company has not done sufficient work to verify and validate the historical MRE, meaning the Company is not treating the historical MRE as current.
Modeling for the historical MRE was developed based on exploration drilling that was completed by previous operators and it is supported by information provided from 84 drill holes, totaling 19,542 feet, completed between 1957 and 1989. The historical, 2010 NI 43-101 MRE on the project is outlined below in Table 1.
The Company believes verification of the historical mineral resource estimate is required but existing modeling provides a starting point from which to start developing the confidence in the historical mineral resource estimate. Regardless, the favorable volcanic strata hosting Turner are characterized by a precious metal enriched depositional environment that makes Turner different than many similar deposits in its peer group. As such, former operators have published some exceptional drilling results from Turner over the years, some of which are shown on a drill plan map and drill section in Figure 2 and presented in more detail in Table 2.
Resource Category
Tons (Mt)
Grade
Cu (%)
Au (g/t)
Zn
(%)
Ag (g/t)
Co (%)
CuEq(5) (%)
Indicated
2.447
1.25
2.79
2.65
9.64
0.05
4.97
Inferred
2.084
0.99
2.73
2.78
19.91
0.04
4.80
Notes:
1.
Historical Mineral Resource Estimate tabulation is cited from restated filing on May 17, 2010 (originally filed November 10, 2009) historical PEA report, Green Park Capital Corp.
2.
The non-Independent Qualified Person for the Company has not done sufficient work to classify the historical Mineral Resource Estimate referenced herein as a current Mineral Resource Estimate and therefore the Company is not treating the historical Mineral Resource Estimate as current Mineral Resource Estimate.
3.
The historical Mineral Resource Estimate (MRE) was reported above a cut-off NSR value of US$52/t for Mineral Resources in the underground environment (2010) based on estimated metallurgical recoveries, assumed metal prices, and smelter terms, which include payable factors treatment charges, penalties, and refining charges; noting that the historical, 2010 Mineral Resource was estimated using the metal price assumptions: US$2.00/lb Cu, US$0.65/lb Zn, US$900/oz Au, and US$12.50/oz Ag.
4.
For CuEq calculation, the commodity prices were based on long term pricing from CIBC (September 2026): US$3,570/oz Au, US$5.03/lb Cu, US$1.27/lb Zn and US$ 50.17/oz of Ag. Smelter recoveries of Au 97%, Cu 95.2%, Zn 95% and Ag 77% were based on the May 2010 PEA. The formula used for the copper equivalency is CuEq= Cu% + (Au (g/t) x 1.054610) + (Ag (g/t) x 0.0117649) +(Zn % x 0.251955). Cobalt is not included in the CuEq calculation since it has not been part of any metallurgy studies at Turner.
5.
Mineral Resources are inclusive of Mineral Reserves, and they are not Mineral Reserves because they do not have demonstrated economic viability.
6.
The non-independent Qualified Person for the Company is not aware of any environmental, permitting, legal, title, taxation, socio-economic, marketing, political, or other relevant factors that could materially affect the Mineral Resource Estimate.
7.
Numbers may not add due to rounding.
Table 1: Historical NI 43-101 Mineral Resource Estimate (2010)
The Company's non-Independent Qualified Person believes Turner will require, among other things: (i) additional exploration diamond drilling on the MRE and data collection including assays and lithogeochemistry; (ii) further detailed 3D modelling on mineralization controls of the deposit geological and structural settings to support future MRE updates; (iii) continued metallurgical studies for base and precious metal recovery factors, as well as ore sorting work programs; and (iv) studies to scope any future potential for underground extraction through determining optimal cut-off grades, appropriate mining methods, and necessary ground support plans. However, the non-Independent Qualified Person believes the historical MRE to be reliable and relevant to informing the advancement of future exploration targeting and infill definition drilling on Turner, since the deposit is open at depth and along strike. Insufficient work has been done to properly quantify the true exploration potential of geological host rocks around Turner.
In terms of metallurgical studies outlined in the historical 2010 PEA, it was shown that the sulphide mineralization was amenable to conventional flotation, yielding three products: 1) a copper concentrate, 2) a zinc concentrate, and 3) a gold concentrate. No metallurgical studies have been completed in respect to cobalt, albeit analyzed extensively in the drill hole database, meaning there is an opportunity for the Company requiring additional testwork.
Hole ID
From (ft)
To (ft)
Interval
(ft)
Cu%
Au g/t
Zn%
Ag g/t
CuEq % 4
TAB-13 ¹
290.00
330.00
40.00
0.01
2.43
0.04
19.55
2.81
405.00
445.00
40.00
0.01
4.55
0.00
1.09
4.82
465.00
485.00
20.00
0.01
3.23
0.00
4.45
3.46
890.00
920.00
30.00
0.01
2.97
0.03
37.73
3.59
1030.00
1060.00
30.00
0.02
3.43
0.02
1.48
3.66
TAB-23 ¹
425.00
445.00
20.00
0.02
4.45
0.01
0.70
4.72
720.00
735.00
15.00
0.00
3.63
0.00
0.70
3.84
TJM-69 ¹
256.20
415.00
158.80
0.16
1.80
2.92
22.70
3.06
TJM-69¹
625.00
665.00
40.00
0.74
3.70
0.18
3.60
4.73
TJM-82¹
921.10
985.00
63.90
1.16
4.85
2.31
7.72
6.95
TJM-73 ²
246.00
255.00
9.00
4.12
8.62
0.45
29.58
13.67
TJM-74 ²
450.00
530.00
80.00
0.90
4.00
1.84
8.18
5.68
TJM-74 ²
775.00
835.00
60.00
0.87
1.76
11.00
54.29
6.14
TJM-74 ²
879.60
813.40
33.80
2.05
8.69
1.19
8.59
11.62
TJM-75 ²
983.30
1020.00
36.70
0.88
2.24
23.01
163.55
10.96
TAB-60 ²
315.00
340.00
25.00
0.94
0.09
11.31
77.14
4.80
TAB-60 ²
360.00
370.00
10.00
3.78
9.11
0.31
10.89
13.60
TAB-60 ²
800.40
875.60
75.20
1.96
3.20
3.88
8.71
6.42
Notes:
1.
Information is based on historical press release from Josephine Mining Corp dated June 3, 2011, September 9, 2011, and October 6, 2011.
2.
Results are based on Resource update reported on the press release filed by Josephine Mining Corp dated October 24, 2012.
3.
No apparent true thickness was determined for intercepts, given the early-stage nature of the exploration project.
4.
For CuEq calculation, the commodity prices were based on long term pricing from CIBC (September 2026): US$3,570/oz Au, US$5.03/lb Cu, US$1.27/lb Zn and US$50.17/oz Ag. Smelter recoveries of Au 97%, Cu 95.2%, Zn 95% and Ag 77% were based on the May 2010 PEA. The formula used for the copper equivalency is CuEq= Cu% + (Au (g/t) x 1.054610) + (Ag (g/t) x 0.0117649) +(Zn % x 0.251955). Cobalt is not included in the CuEq calculation since it has not been part of any metallurgy studies at Turner.
Table 2: Select Historical Drill Hole Results from Turner
Transaction Terms
Blue Moon is acquiring 100% of Turner, consisting of approximately 634 acres of private land and 15 unpatented claims, subject to an existing 1.5% NSR royalty, clear of all other encumbrances for the following consideration:
a)
US$4,700,000 in cash, subject to the payment of a US$500,000 deposit on announcement;
b)
The issuance by Blue Moon to Gold Coast of 4,778,761 common shares of Blue Moon's issued and outstanding common shares worth ~US$27 million, based on a 20-day VWAP price of US$5.65/sh, in 4 equal tranches over a 12-month period following closing, provided that the release of tranches 2 through 4 of the share consideration may be accelerated in accordance with the terms of the definitive agreement of the Transaction;
c)
Additional milestone payments in cash upon the achievement of the following:
a.
A cash payment in the amount of US$2,000,000 upon receiving the necessary permits to begin underground exploration and/or development of Turner;
b.
A cash payment in the amount of US$2,000,000 upon receiving the necessary permits to begin mining of Turner; and
c.
A cash payment in the amount of US$3,000,000 six months following the commencement of commercial production from Turner.
No off-takes or streams have been sold on the project. Key conditions precedent to completion of the Transaction are TSX-V approval and other items customary to an asset sale transaction. A negotiated definitive agreement has been executed by the Seller and Blue Moon on September 22, 2026, and completion is expected to occur in November 2026. This is an arms-length Transaction and no finders' fees are being paid.
Grant of Stock Options, RSUs and DSUs
The Company has granted a total of 50,000 incentive stock options under the Company's share compensation plan to a consultant of the Company. The stock options have an exercise price of C$8.10 per stock option and are exercisable for a period of five years from the date of grant. The stock options vest over three years with a third vesting every year and are governed by the terms and conditions of the Company's stock option plan.
The Company has also awarded a total of 993,146 restricted share units ("RSUs") under the Company's share compensation plan to officers and employees of the Company. The RSUs will vest annually over a two-year period from the award date. The Company also granted a total of 268,586 deferred share units ("DSUs") under the Company's share compensation plan to the independent directors of the Company. The DSUs will vest upon the later of the 12 months from the grant date and the directors' departure from the Company.
Qualified Persons
For the purposes of this news release, Jason Dunning, M.Sc., P.Geo., the Company's General Manager Special Projects, is the designated non-Independent Qualified Person in accordance with NI 43-101, and he has reviewed and approved both the technical and scientific information of this news release.
About Blue Moon
Blue Moon is advancing 5 brownfield polymetallic projects, including the Nussir copper-gold-silver project in Norway, the NSG copper-zinc-gold-silver project in Norway, the Blue Moon zinc-gold-silver-copper project in the United States, the Springer tungsten-molybdenum project in the United States and the Apex germanium-gallium-copper project in the United States. All 5 projects are well located with existing local infrastructure including roads, power and historical infrastructure. Zinc, copper and tungsten are currently on the USGS and EU list of metals critical to the global economy and national security and germanium and gallium are also on the USGS list of critical metals. Major shareholders include Teck Resources Limited, funds managed by Oaktree Capital Management, Hartree Partners LP, Wheaton Precious Metals, Altius Minerals Corporation, Baker Steel Resources Trust, LNS and Monial. More information is available on the Company's website (www.bluemoonmetals.com).
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements and forward-looking information (collectively "forward-looking information") within the meaning of applicable Canadian and United States securities laws. All statements included herein, other than statements of historical fact, may be forward-looking information and such information involves various risks and uncertainties. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions.
Without limiting the generality of the foregoing, this news release contains forward looking information pertaining to the following: the expected benefits and synergies from the Transaction; resource estimates at Turner; continued testing, exploration, mining and advancement of the Blue Moon Mine and Turner; mineral price expectations; and other matters ancillary or incidental to the foregoing.
A number of risks, uncertainties and other factors could cause actual results and events to differ materially from those expressed or implied in the forward-looking information or could cause the Company's current objectives, strategies and intentions to change. These risks and uncertainties include but are not limited to: the inability of Blue Moon to complete and integrate the Transaction; risks associated with the integration of Springer site; risks associated with mining operations in Oregon and Nevada; regulatory and permitting risks at the state and federal level including with respect to the development of Turner; and management's ability to anticipate and manage the factors and risks referred to herein. A comprehensive discussion of other risks that impact Blue Moon can also be found in its public reports and filings which are available at www.sedarplus.ca and on the website of the U.S. Securities and Exchange Commission at www.sec.gov.
The forward-looking information is based on certain key expectations and assumptions made by Blue Moon's management, including but not limited to: expectations concerning prevailing commodity prices; the ability to obtain, renew and extend permits as required; estimates of reserves and resources various sites; the integration of the Springer Mine and Mill operations; the completion and subsequent realization of expected synergies and benefits from the Transaction.
Any forward-looking information contained in this news release represents management's current expectations and are based on information currently available to management and are subject to change after the date of this news release. Accordingly, the Company warns investors to exercise caution when considering statements containing forward-looking information and that it would be unreasonable to rely on such statements as creating legal rights regarding the Company's future results or plans.
The Company cannot guarantee that any forward-looking information will materialize and readers are cautioned not to place undue reliance on this forward-looking information. Except as required by applicable securities laws, the Company is under no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by law. All of the forward-looking information in this news release is qualified by the cautionary statements herein.
OAK BROOK, Ill., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) today announced that on September 16, 2026, it received a Staff Delisting Determination (the “Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), which notified the Company that it has initiated a process to delist its Class A common stock. The Staff Determination was issued because the Company has not filed its Annual Report on Form 10-K for the year ended December 31, 2025 and its Quarterly Reports on Form 10-Q for the periods ended March 31, 2026 and June 30, 2026 (collectively, the “Delinquent Reports”) and therefore is not in compliance with Nasdaq Listing Rule 5250(c)(1).
Receipt of the Staff Determination will not immediately result in the suspension of trading or delisting of the Company’s Class A common stock.
The Company intends to appeal the Staff Determination by timely requesting a hearing before the Nasdaq Hearings Panel. The hearing request must be made within seven calendar days from receipt of the determination, or no later than September 23, 2026. Under Nasdaq’s listing rules, the hearing request will automatically stay the delisting action for 15 calendar days from the date of the hearing request. The Company also intends to request a further stay of the delisting action pending completion of the hearing process. According to the Staff Determination, the Nasdaq Hearings Department typically schedules hearings, to the extent practicable, within 30 to 45 days of a company’s hearing request.
The Company intends to present to the Nasdaq Hearings Panel a compelling plan to regain full compliance with Nasdaq’s continued listing requirements. While there can be no assurance, the Company expects its Class A common stock to continue trading on the Nasdaq Global Select Market during the hearing process.
Certain Forward-Looking Statements
Statements in this press release that are not historical facts are forward-looking statements, provided pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995, including statements regarding Hub Group’s expectations related to the continued trading of its Class A common stock, the outcome of the Company’s anticipated request to Nasdaq for an extended stay of the delisting action and its appeal to the Nasdaq Hearings Panel, the Company’s plans to regain full compliance with Nasdaq’s continued listing requirements, and any other statements regarding Hub Group’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts.
These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors that might cause the actual performance of Hub Group to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: the Company’s ability to complete the previously-announced restatement of its financial statements unanticipated delays that cause the Company’s delinquent periodic reports to be filed later than currently expected; the risk that the Company’s request to Nasdaq for an extended stay of the delisting action will not be granted or that its plan to regain compliance with Nasdaq’s continued listing requirements will not be accepted by the Nasdaq Hearings Panel or, if accepted, will not allow for sufficient time for the Company to regain compliance, and other risks discussed under the “Risk Factors” section in Hub Group’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings.
These forward-looking statements speak only as of the date hereof and Hub Group assumes no obligation to update any such forward-looking statements.
About Hub Group
Hub Group offers comprehensive transportation and logistics management solutions. Keeping our customers’ needs in focus, Hub Group designs, continually optimizes, and applies industry-leading technology to our customers’ supply chains for better service, greater efficiency, and total visibility. As an award-winning, publicly traded company (Nasdaq: HUBG), our approximately 6,000 employees and drivers across the globe are always in pursuit of “The Way Ahead” – a commitment to service, integrity and innovation. For more information, visit hubgroup.com.
Shares of Hub Group Inc (NASDAQ:HUBG) are trading lower Wednesday afternoon following a short report published by J Capital Research. The report cited compounding operational and accounting risks at the logistics provider.
Benzinga reached out to Hub Group for comment on the report but did not immediately hear back from the company.
Hub Group shares are under pressure. Why is HUBG stock retreating? Here’s what investors need to know.
Alleged Accounting Delays and Delisting RiskIn the report, titled “Not a Two-Roach Problem,” J Capital highlighted that Hub Group’s revenue, net income and operating cash flows have been declining since 2023.
Following disclosures of significant accounting misstatements earlier this year, the company has failed to file restated historical statements or required 2026 quarterly reports, putting it at risk of a Nasdaq delisting.
Furthermore, J Capital underscored a discrepancy between Wall Street consensus estimates, which still forecast positive earnings for early 2026, and management’s recent announcement of expected losses for those same quarters.
Operational Challenges and Buyout HurdlesJ Capital claims attempts to transition toward an asset-light model via acquisitions have faltered amid challenging freight conditions. While Hub Group brought back former Chairman David Yeager on Monday to steady investor confidence, the short seller warned that leadership shifts will not resolve deeper accounting vulnerabilities.
J Capital also downplayed buyout prospects, arguing that the Yeager family controls roughly 62% of the voting power and financiers may resist funding a deal due to ongoing reporting uncertainties.
HUBG Stock Edges Lower WednesdayHUBG Price Action: Hub Group shares closed Wednesday down 0.99% at $33.12 at the time of publication on Wednesday, according to Benzinga Pro data.
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Key Takeaways Saipem won a $350M subsea contract for Azule Energy's West Hub Tails project offshore Angola.The work includes 62 km of flowlines, risers and umbilicals tied back to the Agogo FPSO.The project will reroute four mature fields from the Ngoma FPSO to Agogo to extend productive life. Saipem S.p.A. (SAPMF - Free Report) , an Italian drilling, engineering and construction services provider to the energy industry, has secured a new subsea contract for work on Azule Energy's West Hub Tails project offshore Angola. The contract is estimated to be worth approximately $350 million. The West Hub Tails project is part of the broader Agogo Integrated West Hub Development in Block 15/06, located approximately 180 km off the coast of Angola.
Per the terms of the contract, Saipem will cover the engineering and fabrication of the subsea equipment. The company is also responsible for transporting and installing the subsea infrastructure, which includes approximately 62 kilometers of flowlines, risers and umbilicals. Flowlines and risers are critical components used in offshore oil and gas production to transport hydrocarbons from the field to the production facilities. In addition, umbilicals deliver power and electrical signals to subsea equipment. The subsea infrastructure will be tied back to the Agogo floating production, storage and offloading (FPSO) vessel.
To carry out the offshore activities, Saipem will utilize the construction vessels FDS and Normand Maximus. The fabrication work will take place at Saipem's Ambriz yard in Angola and involve the local workforce in the related activities. Saipem has stated that the contract is expected to have a duration of nearly 2.5 years.
The West Hub Tails project involves extending the productive life of four fields, namely the Sangos, Ochigufu, Mpungi and Vandumbu fields, by redirecting production to the Agogo FPSO. These fields previously produced via the Ngoma FPSO, which began operating in 2014. With Ngoma nearing the end of its design life, production will be rerouted to the newer Agogo FPSO, which features advanced technology and modern operating standards aimed at lowering emissions. This will allow Azule Energy to continue production and maximize recovery from these mature fields. Azule Energy is a joint venture company owned by Eni and BP.
SAPMF’s Zacks Rank & Key PicksSAPMF currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks from the energy sector are Par Pacific Holdings (PARR - Free Report) , Valero Energy (VLO - Free Report) and Galp Energia SGPS SA (GLPEY - Free Report) . While Par Pacific and Valero sport a Zacks Rank #1 (Strong Buy) each, Galp Energia carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks Rank #1 stocks here.
Par Pacific Holdings operates an integrated downstream energy business across the United States, with fuel retail operations in Hawaii, Washington and Idaho, refining operations in Hawaii, Wyoming, Washington and Montana, and a supporting logistics network. Its refineries have a combined crude oil throughput capacity of 219,000 barrels per day and produce gasoline, diesel, jet fuel, marine fuels, asphalt and other petroleum products.
Valero Energy is a leading refining player with a robust network of 14 refineries and a combined high-complexity throughput capacity of 3 million barrels per day, which distinguishes it from other independent refiners. VLO’s refineries have a combined Nelson Complexity Index of 11.5, which implies that they can process a wide variety of feedstocks, convert them into higher-value products and shift product yields according to market conditions.
Galp Energia is a Portuguese energy company engaged in exploration and production activities. The company’s oil exploration efforts have yielded positive results, particularly with the Mopane discovery in the Orange Basin, offshore Namibia. This discovery allows Galp to diversify its global presence with the potential to become a significant oil producer in the region. It is engaged in the refining and marketing of oil products and gas, as well as marketing and sales.
Hub Group (HUBG) Faces Operating Loss Amid Revenue Expectations and Leadership Changes
Hub Group HUBG is experiencing a decline in its stock price after announcing an anticipated operating loss for the first half of the year, even before accounting for one-time charges. This comes despite preliminary revenue projections of $1.70 to $1.80 billion, which align closely with expectations. The company's revenue guidance for FY26 ranges from $3.6 to $3.8 billion, slightly below the FactSet consensus of $3.79 billion. Investors are now confronted with a setback in profitability and a prolonged timeline for completing necessary restatements and overdue filings.
Increased costs related to fuel, rail, and drayage have negatively impacted the Intermodal and Transportation Solutions (ITS) segment before rate hikes were implemented in Q3. While the Final Mile service in Logistics saw growth, challenges arose from reduced activity in Managed Transportation, a drop in Brokerage volume, customer losses, and excess capacity in Consolidation and Fulfillment. A cost-efficiency program initiated in Q2 is being added to existing efforts aimed at improving yield management, consolidating warehouses, enhancing productivity for drivers and warehouses, and streamlining order-to-cash processes. However, management has not provided specific savings estimates or a range for the expected first-half operating loss, as the financial close is still pending. HUBG plans to file its overdue FY25 Form 10-K and Q1 and Q2 2026 Forms 10-Q in Q4, missing the Nasdaq compliance deadline of September 14. The company anticipates receiving a delisting determination letter and intends to appeal. While this letter would not immediately halt trading, lenders have extended the deadline for key financial statements to November 30. As of June 30, HUBG reported approximately $132 million in cash and equivalents, $28 million in restricted cash, and $198 million in debt, resulting in about $66 million of net debt when excluding restricted cash. The company also borrowed an additional $75 million on its revolving credit line in August. First-half capital expenditures totaled around $12 million, compared to a planned $40 to $50 million for FY26. Leadership changes include David Yeager returning as chairman and CEO, with Phillip Yeager continuing as president and vice chairman. Patrick O’Donnell, previously the CFO of TreeHouse Foods, has been appointed as special adviser and CFO-elect, while interim CFO Todd Heeter will oversee the restatement until O’Donnell officially takes over after the completion of the financial work and the issuance of FY25 financials.The key takeaway is the expected operating loss amidst near-target revenue, indicating that cost inflation and underutilized capacity have overshadowed otherwise positive demand and pricing trends. Although Q3 rate increases in ITS and the new efficiency program could pave the way for recovery, their impact on margins remains unproven, and warehouse consolidation may require time to yield savings. The return of David Yeager and the appointment of O’Donnell bring experienced leadership, but the successful transition for the CFO role hinges on completing overdue financial tasks. Upcoming challenges include determining the final loss, achieving measurable improvements in ITS and Logistics margins, timely submission of financial statements to lenders, and maintaining the Nasdaq listing.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
David Yeager Returning to Chairman and Chief Executive Officer Role;
Phillip Yeager Continuing as President and Vice Chairman
Patrick O’Donnell Appointed as Chief Financial Officer
OAK BROOK, Ill., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) today announced that, effective today, Executive Chairman David Yeager is returning to the Chairman and Chief Executive Officer role, with Phillip Yeager continuing to serve as President and Vice Chairman. The Company also today announced the appointment of Patrick O’Donnell as Chief Financial Officer, effective following the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
“Hub Group was founded by the Yeager family more than 55 years ago with a commitment to service, integrity and innovation,” said David Yeager, Hub Group’s Chairman and Chief Executive Officer. “I am confident that this leadership team will help drive the business forward into its next phase of growth. I look forward to partnering with Phil and Pat to deliver excellent results for our shareholders, customers and team members.”
“Our team remains focused on fueling the company’s success for another five decades and beyond,” said Phil Yeager, Hub Group’s President and Vice Chairman. “I look forward to working with Dave, Pat and the rest of the management team to execute on our strategy, innovate for our customers and enhance value for our shareholders.”
Patrick O’Donnell has joined Hub Group as a special advisor and Chief Financial Officer-Elect. Following the completion of the Company’s previously announced financial restatement process and the issuance of the Company’s financial statements for fiscal year 2025, Mr. O’Donnell will assume the role of Chief Financial Officer.
Todd Heeter will continue to serve as Interim Chief Financial Officer, leading efforts to complete the financial restatements.
“We are excited to have Pat join the Hub Group team as the company’s next CFO and are confident he is the right leader for our finance organization,” David Yeager added. “He brings over 20 years of experience in finance and accounting and a proven track record of strengthening financial and operating discipline, driving process improvements and building high-performing teams. Pat’s expertise across public company finance, strategic planning and capital allocation will be invaluable as we continue executing our strategy to drive growth, improve profitability and enhance cash flow generation. I also want to thank Todd for his continued leadership and support as Pat transitions into the CFO role.”
Mr. O’Donnell is an experienced public company finance and accounting executive with a robust skillset spanning financial strategy and enterprise performance, capital allocation, mergers and acquisitions and public company financial reporting. Prior to joining Hub Group, he spent over eight years in finance and accounting roles at TreeHouse Foods, most recently serving as Executive Vice President and Chief Financial Officer for three years. Previously, Mr. O’Donnell spent nearly 15 years at PricewaterhouseCoopers in roles across the audit and assurance division. He is a graduate of Marquette University.
Certain Forward-Looking Statements
Statements in this press release that are not historical facts are forward-looking statements, provided pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s future performance and long-term growth potential, its strategy to drive growth, improve profitability and enhance cash flow generation, and any other statements regarding Hub Group’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts.
These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors that might cause the actual performance of Hub Group to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include the Company’s ability to complete the previously-announced restatement of its financial statements and regain compliance with Nasdaq’s listing rules; the impact that the restatement process and further delays in the financial close process or the related audit may have on Hub Group’s business, financial condition and results of operations; and other risks discussed under the “Risk Factors” section in Hub Group’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings.
These forward-looking statements speak only as of the date hereof and Hub Group assumes no obligation to update any such forward-looking statements.
About Hub Group
Hub Group offers comprehensive transportation and logistics management solutions. Keeping our customers’ needs in focus, Hub Group designs, continually optimizes, and applies industry-leading technology to our customers’ supply chains for better service, greater efficiency, and total visibility. As an award-winning, publicly traded company (Nasdaq: HUBG), our approximately 6,000 employees and drivers across the globe are always in pursuit of “The Way Ahead” – a commitment to service, integrity and innovation. For more information, visit hubgroup.com.
OAK BROOK, Ill., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) today announced select preliminary, unaudited financial results for the first and second quarters of 2026 and provided an update on the Company's previously disclosed accounting review and ongoing restatement process.
, /PRNewswire/ -- Moore Law, PLLC, a shareholder litigation law firm located on Wall Street, is investigating potential claims against the officers and directors of Hub Group, Inc. (NASDAQ: HUBG):
Hub Group, Inc. (NASDAQ: HUBG) shareholders should email [email protected] What is the Investigation About?
Hub Group provides transportation and logistics management services throughout North America. The company, or certain of its officers, has allegedly made false and/or misleading statements and/or failed to disclose material information to investors concerning Hub Group's financial results, accounting practices, and internal controls. It is alleged that the company, or certain of its officers, reported operating revenue, operating income, and transportation costs that did not accurately reflect Hub Group's financial condition and represented that its internal controls and procedures were effective. As alleged, in truth, Hub Group had prematurely or incorrectly recognized certain transactions, understated purchased transportation costs and accounts payable, and lacked effective internal controls, causing its financial statements for periods between 2023 and 2025 to contain material misstatements.
On February 5, 2026, Hub Group announced that it would restate its financial statements for the first three quarters of 2025 because of an error that understated purchased transportation costs and accounts payable. On this news, Hub Group's stock price fell $9.37 per share, or approximately 18.3%, to close at $41.96 per share on February 6, 2026. Hub Group subsequently disclosed that its 2023 and 2024 financial statements were also materially misstated, causing its stock price to decline an additional 12.5%.
If you own Hub Group, Inc. (NASDAQ: HUBG) please contact Fletcher Moore at [email protected].
You may be able to seek monetary damages, corporate governance reforms, reimbursement to the company, and a court-approved incentive award at no cost to you whatsoever. All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
MOORE LAW PLLC
30 Wall Street, 8th Floor
New York, NY 10005
[email protected]
www.fmoorelaw.com
OAK BROOK, Ill., Sept. 09, 2026 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock. The dividend is scheduled to be paid on September 30, 2026 to stockholders of record as of September 21, 2026.
Hub Group’s quarterly cash dividend program, set at $0.50 per share per year, is part of its previously announced growth-focused capital allocation plan.
ABOUT HUB GROUP: Hub Group offers comprehensive transportation and logistics management solutions. Keeping our customers’ needs in focus, Hub Group designs, continually optimizes, and applies industry-leading technology to our customers’ supply chains for better service, greater efficiency, and total visibility. As an award-winning, publicly traded company (Nasdaq: HUBG), our approximately 6,000 employees and drivers across the globe are always in pursuit of “The Way Ahead” – a commitment to service, integrity and innovation. For more information, visit hubgroup.com.
, /PRNewswire/ -- Schall Brown & Schwartz LLP, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hub Group, Inc. ("Hub" or "the Company") (NASDAQ: HUBG) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
If you purchased Hub Group, Inc. securities you may be entitled to compensation without payment of any out-of-pocket fees or costs. Shareholders who purchased shares of HUBG during the class period listed are encouraged to contact SBS to find out if they are eligible to recover their losses or lead this lawsuit. Appointment as lead plaintiff is not required to partake in any recovery. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
CLASS PERIOD: April 28, 2023 to May 11, 2026
DEADLINE: August 28, 2026
If you are a shareholder who suffered a loss, click here to participate.
Details of the Case: According to the Complaint, the Company made false and misleading statements to the market. Hub suffered from material misstatements in its financial statements from Q1 2023 to Q4 2024 including its annual reports for 2023 and 2024. The Company's misstatements included operating revenue, operating income, and revenue recognition. The Company's financial statements from Q1 2025 to Q3 2025 contained misstatements related to the understatement of purchased transportation costs amongst other errors. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Hub, investors suffered damages.
We encourage investors to contact Brian Schall and David Schwartz of Schall Brown & Schwartz, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
Join the case to recover your losses
Why SBS: Schall Brown & Schwartz represents investors around the world, specializing in securities class action lawsuits and shareholder rights litigation. SBS brings together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz. SBS attorneys and their co-counsel are responsible for recovering over a billion dollars for violations of securities laws and corporate misfeasance.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
Schall Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
Hub Group, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - HUBG PR Newswire
LOS ANGELES, Aug. 27, 2026
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Hub Group, Inc. ("Hub Group" or "the Company") (NASDAQ: HUBG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of HUBG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: April 28, 2023 to May 11, 2026
DEADLINE: August 28, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Multiple Hub Group financial statements from 2023 and 2024 including its annual reports included material misstatements on multiple topics including revenue recognition and operating income. The Company's financial statements from Q1 2025 to Q3 2025 contained other misstatements. Based on these facts, Hub Group's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. As one of the founding partners of Schall Brown & Schwartz LLP (schallfirm.com), David Schwartz specializes in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
View original content:https://www.prnewswire.com/news-releases/hub-group-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--hubg-302861152.html
Hub Group, Inc. Investor Alert: Contact SBS by August 28, 2026 for Opportunity to Lead Securities Fraud Lawsuit PR Newswire
LOS ANGELES, Aug. 27, 2026
, /PRNewswire/ -- Schall Brown & Schwartz LLP, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hub Group, Inc. ("Hub" or "the Company") (NASDAQ: HUBG) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
If you purchased Hub Group, Inc. securities you may be entitled to compensation without payment of any out-of-pocket fees or costs. Shareholders who purchased shares of HUBG during the class period listed are encouraged to contact SBS to find out if they are eligible to recover their losses or lead this lawsuit. Appointment as lead plaintiff is not required to partake in any recovery. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
CLASS PERIOD: April 28, 2023 to May 11, 2026
DEADLINE: August 28, 2026
If you are a shareholder who suffered a loss, click here to participate.
Details of the Case: According to the Complaint, the Company made false and misleading statements to the market. Hub suffered from material misstatements in its financial statements from Q1 2023 to Q4 2024 including its annual reports for 2023 and 2024. The Company's misstatements included operating revenue, operating income, and revenue recognition. The Company's financial statements from Q1 2025 to Q3 2025 contained misstatements related to the understatement of purchased transportation costs amongst other errors. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Hub, investors suffered damages.
We encourage investors to contact Brian Schall and David Schwartz of Schall Brown & Schwartz, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
Join the case to recover your losses
Why SBS: Schall Brown & Schwartz represents investors around the world, specializing in securities class action lawsuits and shareholder rights litigation. SBS brings together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz. SBS attorneys and their co-counsel are responsible for recovering over a billion dollars for violations of securities laws and corporate misfeasance.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
Schall Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
View original content:https://www.prnewswire.com/news-releases/hub-group-inc-investor-alert-contact-sbs-by-august-28-2026-for-opportunity-to-lead-securities-fraud-lawsuit-302861159.html
, /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Hub Group, Inc. (NASDAQ: HUBG) securities between April 28, 2023 and May 11, 2026, inclusive (the "Class Period"), have until Friday, August 28, 2026 to seek appointment as lead plaintiff of the Hub Group class action lawsuit. Captioned Lawler v. Hub Group, Inc., No. 26-cv-07596 (N.D. Ill.), the Hub Group class action lawsuit charges Hub Group and certain of Hub Group's top current and former executive officers with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Hub Group class action lawsuit, please provide your information here:
You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].
CASE ALLEGATIONS: Hub Group is a supply chain solutions provider that offers transportation and logistics management services.
The Hub Group class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements caused by the premature and incorrect recognition of certain transactions concerning, among other things, Hub Group's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth; and (ii) Hub Group's 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 concerning, among other things, Hub Group's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth.
On February 5, 2026, Hub Group allegedly announced "that it will restate its financial statements for the first, second and third quarters of 2025" due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." Hub Group allegedly further announced that its reports for those quarters "were in each case materially misstated due to the aforementioned error and should no longer be relied upon" and that the "total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million." On this news, the price of Hub Group stock dropped approximately 18%, according to the complaint.
The Hub Group class action lawsuit further alleges that on May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," rendering its 2023 and 2024 financial reports to be materially misstated such that they "should no longer be relied upon." Hub Group allegedly further announced that it expected "to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023." On this news, the price of Hub Group stock fell 13%, according to the complaint.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Hub Group securities during the Class Period to seek appointment as lead plaintiff in the Hub Group class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Hub Group class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Hub Group class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Hub Group class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:
Nvidia reportedly wants to buy the open-source platform where nearly every AI model in the world lives, but the price tag raises a question that goes beyond the billions: what happens to developer trust when the hub of a vendor-neutral…
NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) has reportedly agreed to acquire Hugging Face for $12.9 billion, according to a report from The Information that was subsequently picked up by Reuters, CNBC and TechCrunch. Hugging Face generates roughly $150 million in annualized revenue, so NVDA would be paying approximately 86 times revenue. Neither company has confirmed the reporting, no contract has been signed, and deal structure, cash-versus-stock mix and any regulatory review remain undisclosed.
A multiple this high on a business this small reflects what the platform represents inside the open-source AI stack.
What Hugging Face Actually Is Founded in 2016, Hugging Face is widely described as the “GitHub of AI”: a hub where developers and companies share, download and publish open-source AI models, datasets and tools. It also operates infrastructure that lets developers run those models on rented cloud and compute, making it both a repository and a deployment and inference layer. In an AI market otherwise dominated by closed labs, it is the central and relatively vendor-neutral home for the open-model community.
Fast-Growing Revenue, Not Yet Profitable Hugging Face’s roughly $150 million annualized revenue is up from roughly $100 million about two months earlier. CEO Clem Delangue has described the company as “close to profitability,” but it is not yet profitable. Its last private valuation was $4.5 billion, set in a 2023 round that raised $235 million.
From Rejected Minority Bid to Reported Full Buyout The relationship has escalated in three stages. In 2023, NVIDIA participated in Hugging Face’s funding round as one of several investors. In late 2025, NVIDIA offered a $500 million minority investment that would have valued Hugging Face at $7 billion; leadership rejected it because they did not want a single dominant investor with outsized influence. Now, less than a year later, the reported figure is a $12.9 billion full acquisition.
Why NVIDIA Wants the Developer Layer NVIDIA’s largest customers are building their own silicon. OpenAI and Broadcom unveiled benchmark claims for their custom “Jalapeño” inference chip at the Hot Chips conference on Aug. 25, 2026, asserting it outperforms NVIDIA’s Blackwell-generation rack systems (see our coverage). Owning Hugging Face is reported as a way to keep developers building and deploying models in ways that favor NVIDIA’s hardware and software stack, and to give NVIDIA a credible path back into cloud through Hugging Face’s model-deployment and compute-rental platform.
The check is small against NVIDIA’s scale. The company reported $96.22 billion in revenue for Q2 fiscal 2027 and guided to $108.0 billion for the current quarter, with approximately $99.0 billion remaining under its share-repurchase authorization. CEO Jensen Huang told analysts, “nearly all open models run on NVIDIA”. Buying the venue where those models are hosted removes ambiguity about that claim.
Independence Question Looms Over the Deal Hugging Face’s value to the open-source community depends on its perceived neutrality across hardware and cloud vendors. Ownership by a chip company with direct financial interest in developer lock-in creates tension with that positioning. Delangue, in the context of a cyberattack on Hugging Face’s systems around June/July 2026, argued that open models matter because researchers can examine and act on security threats “without asking anyone’s permission.” That is the ethos being sold.
What to watch: whether the reporting hardens into a signed agreement, whether terms and any regulatory review are disclosed, and how the open-model developer base reacts before any close. Talks could still collapse.
Contact [email protected] for any questions or corrections.
LOS ANGELES, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hub Group, Inc. (“Hub” or “the Company”) (NASDAQ: HUBG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of HUBG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: April 28, 2023 to May 11, 2026
DEADLINE: August 28, 2026
If you are a shareholder who suffered a loss, click here to participate.
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Hub suffered from material misstatements in its financial statements from Q1 2023 to Q4 2024 including its annual reports for 2023 and 2024. The Company’s misstatements included operating revenue, operating income, and revenue recognition. The Company’s financial statements from Q1 2025 to Q3 2025 contained misstatements related to the understatement of purchased transportation costs amongst other errors. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Hub, investors suffered damages.
We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
Join the case to recover your losses
WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335 [email protected]
Hub Group's SEC filings repeated generic revenue recognition language quarter after quarter while allegedly failing to disclose that $77 million in purchased transportation costs were being systematically understated and transactions were being prematurely recognized.
, /PRNewswire/ -- SueWallSt alerts investors of the recent lawsuit filed against Hub Group, Inc.'s (NASDAQ: HUBG), which examines the adequacy of the Company's risk disclosures and internal control certifications during a three-year period in which Hub Group's financial statements were allegedly materially misstated. Check if you might be eligible to recover your investment losses or contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.
Hub Group shares declined a cumulative $14.71 per share (28.6%) following two corrective disclosures that rendered the Company's 2023, 2024, and first nine months of 2025 financial statements unreliable. The lead plaintiff deadline is August 28, 2026.
What the Company Disclosed
From 2023 through 2025, Hub Group's quarterly and annual SEC filings included boilerplate language stating that revenue was recognized "when we transfer services to our customers in an amount that reflects the consideration we expect to receive" under ASC Topic 606. Each filing also contained certifications from the CEO and CFO stating that disclosure controls and procedures were "effective" and that financial statements "fairly present in all material respects" the Company's financial condition.
This identical language appeared in at least eleven SEC filings across the Class Period.
What the Complaint Charges Was Missing
The securities action contends that these formulaic disclosures concealed specific, known problems:
Purchased transportation and warehousing costs were allegedly understated by an estimated $77 million in the first nine months of 2025 alone Certain transactions were allegedly prematurely or incorrectly recognized, or not adequately supported, dating back to at least Q1 2023 Accounts payable were allegedly understated, masking the true magnitude of vendor obligations The Company's largest expense line item, representing 74%-76% of revenue, was allegedly misreported for years Internal controls were certified as effective in every filing despite alleged systemic failures in cost recording and revenue recognition The Company attributed declining costs to "strong cost controls" and "network optimization" when the reductions were allegedly the product of accounting errors Why Boilerplate Language May Not Shield the Company
As pleaded in the complaint, Hub Group's disclosures described how revenue should be recognized under ASC 606 but allegedly failed to disclose that the Company was not following those procedures correctly. The complaint challenges the gap between the Company's stated accounting methodology and its alleged actual practices.
When a company's risk factor language describes general accounting policies but omits the fact that those policies are allegedly being misapplied, the disclosures may fail to satisfy the anti-fraud provisions of the Exchange Act.
"Generic risk factor language cannot substitute for disclosing specific, known problems that are already affecting a company's operations. Hub Group's filings described accounting standards in textbook terms while allegedly misstating tens of millions of dollars in costs and certifying controls that were not functioning." -- Joseph E. Levi, Esq.
Learn more about the case or call (888) SueWallSt.
LEAD PLAINTIFF DEADLINE: August 28, 2026
WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the HUBG Lawsuit
Q: What specific misstatements does the HUBG lawsuit allege? A: The complaint alleges Hub Group made materially false or misleading statements regarding purchased transportation costs, revenue recognition, accounts payable, and the effectiveness of its internal controls during the class period from April 28, 2023 through May 11, 2026. When the true state was revealed through two corrective disclosures, the stock price declined a cumulative 28.6%.
Q: When did Hub Group allegedly mislead investors? A: The class period runs from April 28, 2023 to May 11, 2026. The alleged misstatements were revealed through corrective disclosures on February 5, 2026 and May 12, 2026, causing significant stock declines.
Q: What do HUBG investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Contact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost, no-obligation case evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as an absent class member.
Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.
Q: What if I already sold my HUBG shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: Can I join a different law firm's lawsuit instead? A: Multiple firms often file competing complaints. The court consolidates and appoints a single lead counsel. Contacting Levi & Korsinsky before August 28, 2026 ensures your losses are considered.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Hub Group To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Hub Group between April 28, 2023 and May 11, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - August 27, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ: HUBG) and reminds investors of the August 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements caused by the premature and incorrect recognition of certain transactions concerning, among other things, Hub Group's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth; and (2) Hub Group's 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 concerning, among other things, Hub Group's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth.
On February 5, 2026, Hub Group announced that the Company's financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." The Company revealed that its reports for those quarters "were in each case materially misstated due to the aforementioned error and should no longer be relied upon" and that "the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps." The Company also estimated that "[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million."
This news caused the price of Hub Group stock to decline roughly 18%, from $51.33 per share at close on February 5, 2026, to $41.96 per share at close on February 6, 2026.
On May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it "expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023."
This news caused the price of Hub Group stock to decline a further 13%, from $41.86 per share at close on May 11, 2026, to $36.62 per share at close on May 12, 2026.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Hub Group's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Hub Group class action, go to www.faruqilaw.com/HUBG or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the Hub Group Securities Class Action Lawsuit:
What is the Hub Group securities fraud lawsuit about?
The lawsuit alleges Hub Group made misleading statements about revenue recognition, transportation costs, accounts payable, internal controls, and financial reporting, causing multiple financial statements to contain material accounting misstatements.
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired Hub Group (NASDAQ: HUBG) securities between April 28, 2023 and May 11, 2026 may be eligible to participate if they suffered losses related to the alleged misconduct.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff represents the proposed class and helps oversee the litigation. Eligible investors must file a motion with the court by August 28, 2026. Investors can share in any recovery without serving as lead plaintiff.
What should investors do if they purchased Hub Group stock during the Class Period?
Investors should review their trading records, preserve relevant documents, and evaluate their legal rights. Those who suffered losses may wish to consult counsel regarding participation in the lawsuit or seeking lead plaintiff status before the deadline.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for clients. The firm can evaluate your potential claims and explain your legal options at no upfront cost.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311624
Source: Faruqi & Faruqi LLP
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New York, New York--(Newsfile Corp. - August 27, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Hub Group, Inc. (NASDAQ: HUBG) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Hub Group securities between April 28, 2023 and May 11, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/HUBG.
Hub Group Case Details
The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:
Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including its annual reports for 2023 and 2024, contained material misstatements caused by the premature and incorrect recognition of certain transactions concerning, among other things, the Company's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth; Hub Group's 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 concerning, among other things, the Company's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth; and as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects lacked a reasonable basis and were materially false and misleading at all relevant times.What's Next for Hub Group Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/HUBG, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Hub Group you have until August 28, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to Hub Group Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Hub Group Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311154
Source: Bronstein, Gewirtz & Grossman, LLC
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Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
New York, New York--(Newsfile Corp. - August 27, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ: HUBG) on behalf of investors that purchased or otherwise acquired Hub Group securities between April 28, 2023 and May 11, 2026 (the "Class Period").
CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION
If you are an investor in Hub Group and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 28, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
On February 5, 2026, Hub Group announced preliminary fourth quarter and full year 2025 results and disclosed the identification of a $77 million accounting error due to "the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." Additionally, the Company said it "plans to restate its financial statements for the first, second and third quarters of 2025," and "is continuing to assess the potential impact to its consolidated financial statements for the years ended December 31, 2024 and 2023."
On this news, the price of Hub Group stock fell $9.37 per share, or 18.25%, to close at $41.96 per share on February 6, 2026.
Then, on May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it stated that it "expects to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023."
On this news, the price of Hub Group stock fell $5.24 per share, about 12.5%, to close at $36.62 per share on May 12, 2026.
The complaint alleges, among other things, that throughout the Class Period, the Company's financial statements contained material misstatements caused by the premature and incorrect recognition of certain transactions and other material misstatements caused by the understatement of purchased transportation costs and accounts payable.
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
https://www.kaplanfox.com/case/hub-group-inc/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311257
Source: Kaplan Fox & Kilsheimer LLP
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Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ: HUBG). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether Hub Group and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until August 28, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Hub Group securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On February 5, 2026, Hub Group announced that the Company's financial statements for the first three quarters of 2025 should not be relied upon due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." The Company revealed that its reports for those quarters "were in each case materially misstated due to the aforementioned error and should no longer be relied upon" and that "the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps." The Company also estimated that "[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million." As such, Hub Group stated that it "plans to restate its financial statements for the first, second and third quarters of 2025."
On this news, Hub Group's stock price fell $9.37 per share, or 18.25%, to close at $41.96 per share on February 6, 2026.
Then, on May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it "expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023."
On this news, Hub Group's stock price fell $5.24 per share, or 12.52%, to close at $36.62 per share on May 12, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
New York, New York--(Newsfile Corp. - August 27, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hub Group, Inc. (NASDAQ: HUBG) between April 28, 2023 and May 11, 2026, inclusive (the "Class Period"), of the important August 28, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Hub Group securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements-caused by the premature and incorrect recognition of certain transactions-concerning, inter alia, Hub Group's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth. In addition, Hub Group's 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 -concerning, inter alia, Hub Group's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311666
Source: The Rosen Law Firm PA
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WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hub Group, Inc. (NASDAQ: HUBG) between April 28, 2023 and May 11, 2026, inclusive (the “Class Period”), of the important August 28, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Hub Group securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that Hub Group’s financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements—caused by the premature and incorrect recognition of certain transactions—concerning, inter alia, Hub Group’s operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth. In addition, Hub Group’s 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 —concerning, inter alia, Hub Group’s operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
NEW YORK, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Hub Group, Inc. (“Hub Group” or the “Company”) (NASDAQ: HUBG) on behalf of investors that purchased or otherwise acquired Hub Group securities between April 28, 2023 and May 11, 2026 (the “Class Period”).
CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION
If you are an investor in Hub Group and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 28, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
On February 5, 2026, Hub Group announced preliminary fourth quarter and full year 2025 results and disclosed the identification of a $77 million accounting error due to “the understatement of purchased transportation costs and accounts payable in the first nine months of 2025.” Additionally, the Company said it “plans to restate its financial statements for the first, second and third quarters of 2025,” and “is continuing to assess the potential impact to its consolidated financial statements for the years ended December 31, 2024 and 2023.”
On this news, the price of Hub Group stock fell $9.37 per share, or 18.25%, to close at $41.96 per share on February 6, 2026.
Then, on May 12, 2026, Hub Group announced that it had “identified certain transactions that were prematurely or incorrectly recognized or not adequately supported,” causing its 2023 and 2024 annual reports filed with the SEC to be “materially misstated,” such that they “should no longer be relied upon.” The Company did not quantify the expected misstatement, although it stated that it “expects to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023.”
On this news, the price of Hub Group stock fell $5.24 per share, about 12.5%, to close at $36.62 per share on May 12, 2026.
The complaint alleges, among other things, that throughout the Class Period, the Company’s financial statements contained material misstatements caused by the premature and incorrect recognition of certain transactions and other material misstatements caused by the understatement of purchased transportation costs and accounts payable.
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
CONTACT:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003 [email protected]
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704 [email protected]
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
, /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP, a national investor-rights law firm, alerts investors in Hub Group, Inc. (NASDAQ: HUBG) to a new development: Hub Group has officially received a Nasdaq non-compliance notice regarding the late filing of its quarterly financial report (Form 10-Q). This latest reporting failure arrives directly amid an ongoing securities class action involving the company.
Investors searching for up-to-date legal developments or recovery options regarding HUBG stock are encouraged to submit their information to Hagens Berman.
HUBG Class Action at a Glance:
Class Period: April 28, 2023 – May 11, 2026
Lead Plaintiff Deadline: Friday, Aug. 28, 2026
Action: Submit Your HUBG Losses at www.hbsslaw.com/hubg
You may also contact attorney Reed Kathrein at Hagens Berman by calling 844-916-0895 or through e-mail at [email protected].
View our latest video summary of the allegations: youtu.be/_y-u8nktjMw
What are the allegations against Hub Group?
Hub Group is a supply chain and logistics management company that provides end-to-end transportation, rail shipping, trucking, warehousing and fulfillment services for businesses.
The complaint alleges that defendants made false and misleading statements about Hub Group's financial reporting, including its premature and incorrect revenue recognition and its understatement of purchased transportation costs and accounts payable — even as the company assured investors that "[a]ccuracy and transparency in reporting on our performance is of utmost importance" and that its financial statements were prepared in conformity with applicable accounting rules. The complaint alleges that the truth emerged through a series of partial corrective disclosures.
On Feb. 5, 2026, the company revealed that during the first nine months of 2025 it had understated purchased transportation costs and accounts payable by $77 million. The company further disclosed that investors should no longer rely on the company's financial statements from the first three quarters of 2025 and planned to restate them. The next day, Hub Group's stock dropped approximately 18%.
Three months later, on May 12, 2026, Hub Group announced that its 2023 and 2024 financial reports were also materially misstated and should no longer be relied upon. The company disclosed it did not maintain effective disclosure controls and procedures over financial reporting for 2023 and 2024. The result was an approximate 13% drop in Hub Group stock.
The February 5, 2026, and May 12, 2026 drops erased more than $870 million of Hub Group's market capitalization.
How Much Did Investors Lose?
Hub Group's February and May 2026 stock declines erased more than $870 million from the company's market capitalization.
Am I affected?
If you purchased or acquired Hub Group (NASDAQ: HUBG) securities between April 28, 2023 and May 11, 2026, you may have legal rights. The deadline to ask the court to appoint you as lead plaintiff is Aug. 28, 2026.
Submit Your HUBG Losses at www.hbsslaw.com/hubg or contact attorney Reed Kathrein at Hagens Berman at 844-916-0895 or [email protected].
Latest Developments: Nasdaq Non-Compliance Notice for Delayed Form 10-Q
According to recent regulatory filings, Hub Group announced it received a formal notice from the Listing Qualifications Department of Nasdaq indicating that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1). The non-compliance stems from Hub Group's failure to timely file its required Form 10-Q (Quarterly Report for the period ended June 30, 2026) with the U.S. Securities and Exchange Commission (SEC).
While the Nasdaq notice does not immediately suspend trading of HUBG common stock, continued non-compliance may result in more serious consequences, including possible delisting.
About Hagens Berman
Hagens Berman Sobol Shapiro LLP represents investors in securities fraud and shareholder rights litigation. The firm has recovered billions of dollars for defrauded investors and has been recognized among the nation's leading plaintiffs' securities law firms by ISS Securities Class Action Services. Hagens Berman has 90 attorneys in 10 offices and operates in three additional countries. For more information, visit https://www.hbsslaw.com, and learn more about the firm's securities fraud practice at @securitiesHB and https://www.hbsslaw.com/practices/investor-fraud.
Attorney advertising. Prior results do not guarantee a similar outcome in any future case.
NEW YORK, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Hub Group, Inc. (NASDAQ: HUBG) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Hub Group securities between April 28, 2023 and May 11, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/HUBG.
Hub Group Case Details
The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:
(1) Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including its annual reports for 2023 and 2024, contained material misstatements caused by the premature and incorrect recognition of certain transactions concerning, among other things, the Company's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth;
(2) Hub Group's 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 concerning, among other things, the Company's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth; and
(3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects lacked a reasonable basis and were materially false and misleading at all relevant times.
What's Next for Hub Group Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/HUBG. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Hub Group you have until August 28, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to Hub Group Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Hub Group Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
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Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
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HUBG DEADLINE ALERT: Hub Group, Inc. Investors Alerted to Today's Lead Plaintiff Deadline in Securities Class Action PR Newswire
SAN FRANCISCO, Aug. 28, 2026
, /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP, a national investor-rights law firm, alerts investors in Hub Group, Inc. (NASDAQ: HUBG) to a new development: Hub Group has officially received a Nasdaq non-compliance notice regarding the late filing of its quarterly financial report (Form 10-Q). This latest reporting failure arrives directly amid an ongoing securities class action involving the company.
Investors searching for up-to-date legal developments or recovery options regarding HUBG stock are encouraged to submit their information to Hagens Berman.
HUBG Class Action at a Glance:
Class Period: April 28, 2023 – May 11, 2026
Lead Plaintiff Deadline: Friday, Aug. 28, 2026
Action: Submit Your HUBG Losses at www.hbsslaw.com/hubg
You may also contact attorney Reed Kathrein at Hagens Berman by calling 844-916-0895 or through e-mail at [email protected].
View our latest video summary of the allegations: youtu.be/_y-u8nktjMw
What are the allegations against Hub Group?
Hub Group is a supply chain and logistics management company that provides end-to-end transportation, rail shipping, trucking, warehousing and fulfillment services for businesses.
The complaint alleges that defendants made false and misleading statements about Hub Group's financial reporting, including its premature and incorrect revenue recognition and its understatement of purchased transportation costs and accounts payable — even as the company assured investors that "[a]ccuracy and transparency in reporting on our performance is of utmost importance" and that its financial statements were prepared in conformity with applicable accounting rules. The complaint alleges that the truth emerged through a series of partial corrective disclosures.
On Feb. 5, 2026, the company revealed that during the first nine months of 2025 it had understated purchased transportation costs and accounts payable by $77 million. The company further disclosed that investors should no longer rely on the company's financial statements from the first three quarters of 2025 and planned to restate them. The next day, Hub Group's stock dropped approximately 18%.
Three months later, on May 12, 2026, Hub Group announced that its 2023 and 2024 financial reports were also materially misstated and should no longer be relied upon. The company disclosed it did not maintain effective disclosure controls and procedures over financial reporting for 2023 and 2024. The result was an approximate 13% drop in Hub Group stock.
The February 5, 2026, and May 12, 2026 drops erased more than $870 million of Hub Group's market capitalization.
How Much Did Investors Lose?
Hub Group's February and May 2026 stock declines erased more than $870 million from the company's market capitalization.
Am I affected?
If you purchased or acquired Hub Group (NASDAQ: HUBG) securities between April 28, 2023 and May 11, 2026, you may have legal rights. The deadline to ask the court to appoint you as lead plaintiff is Aug. 28, 2026.
Submit Your HUBG Losses at www.hbsslaw.com/hubg or contact attorney Reed Kathrein at Hagens Berman at 844-916-0895 or [email protected].
Latest Developments: Nasdaq Non-Compliance Notice for Delayed Form 10-Q
According to recent regulatory filings, Hub Group announced it received a formal notice from the Listing Qualifications Department of Nasdaq indicating that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1). The non-compliance stems from Hub Group's failure to timely file its required Form 10-Q (Quarterly Report for the period ended June 30, 2026) with the U.S. Securities and Exchange Commission (SEC).
While the Nasdaq notice does not immediately suspend trading of HUBG common stock, continued non-compliance may result in more serious consequences, including possible delisting.
About Hagens Berman
Hagens Berman Sobol Shapiro LLP represents investors in securities fraud and shareholder rights litigation. The firm has recovered billions of dollars for defrauded investors and has been recognized among the nation's leading plaintiffs' securities law firms by ISS Securities Class Action Services. Hagens Berman has 90 attorneys in 10 offices and operates in three additional countries. For more information, visit https://www.hbsslaw.com, and learn more about the firm's securities fraud practice at @securitiesHB and https://www.hbsslaw.com/practices/investor-fraud.
Attorney advertising. Prior results do not guarantee a similar outcome in any future case.
View original content to download multimedia:https://www.prnewswire.com/news-releases/hubg-deadline-alert-hub-group-inc-investors-alerted-to-todays-lead-plaintiff-deadline-in-securities-class-action-302862826.html
New York, New York--(Newsfile Corp. - August 28, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ: HUBG) on behalf of investors that purchased or otherwise acquired Hub Group securities between April 28, 2023 and May 11, 2026 (the "Class Period").
CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION
If you are an investor in Hub Group and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 28, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
On February 5, 2026, Hub Group announced preliminary fourth quarter and full year 2025 results and disclosed the identification of a $77 million accounting error due to "the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." Additionally, the Company said it "plans to restate its financial statements for the first, second and third quarters of 2025," and "is continuing to assess the potential impact to its consolidated financial statements for the years ended December 31, 2024 and 2023."
On this news, the price of Hub Group stock fell $9.37 per share, or 18.25%, to close at $41.96 per share on February 6, 2026.
Then, on May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it stated that it "expects to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023."
On this news, the price of Hub Group stock fell $5.24 per share, about 12.5%, to close at $36.62 per share on May 12, 2026.
The complaint alleges, among other things, that throughout the Class Period, the Company's financial statements contained material misstatements caused by the premature and incorrect recognition of certain transactions and other material misstatements caused by the understatement of purchased transportation costs and accounts payable.
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
https://www.kaplanfox.com/case/hub-group-inc/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311341
Source: Kaplan Fox & Kilsheimer LLP
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New York, New York--(Newsfile Corp. - August 28, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hub Group, Inc. (NASDAQ: HUBG) between April 28, 2023 and May 11, 2026, inclusive (the "Class Period"), of the important August 28, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Hub Group securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements-caused by the premature and incorrect recognition of certain transactions-concerning, inter alia, Hub Group's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth. In addition, Hub Group's 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 -concerning, inter alia, Hub Group's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311667
Source: The Rosen Law Firm PA
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Hub Group To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Hub Group between April 28, 2023 and May 11, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - August 24, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ: HUBG) and reminds investors of the August 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements caused by the premature and incorrect recognition of certain transactions concerning, among other things, Hub Group's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth; and (2) Hub Group's 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 concerning, among other things, Hub Group's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth.
On February 5, 2026, Hub Group announced that the Company's financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." The Company revealed that its reports for those quarters "were in each case materially misstated due to the aforementioned error and should no longer be relied upon" and that "the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps." The Company also estimated that "[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million."
This news caused the price of Hub Group stock to decline roughly 18%, from $51.33 per share at close on February 5, 2026, to $41.96 per share at close on February 6, 2026.
On May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it "expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023."
This news caused the price of Hub Group stock to decline a further 13%, from $41.86 per share at close on May 11, 2026, to $36.62 per share at close on May 12, 2026.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Hub Group's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Hub Group class action, go to www.faruqilaw.com/HUBG or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the Hub Group Securities Class Action Lawsuit:
What is the Hub Group securities fraud lawsuit about?
The lawsuit alleges Hub Group made misleading statements about revenue recognition, transportation costs, accounts payable, internal controls, and financial reporting, causing multiple financial statements to contain material accounting misstatements.
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired Hub Group (NASDAQ: HUBG) securities between April 28, 2023 and May 11, 2026 may be eligible to participate if they suffered losses related to the alleged misconduct.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff represents the proposed class and helps oversee the litigation. Eligible investors must file a motion with the court by August 28, 2026. Investors can share in any recovery without serving as lead plaintiff.
What should investors do if they purchased Hub Group stock during the Class Period?
Investors should review their trading records, preserve relevant documents, and evaluate their legal rights. Those who suffered losses may wish to consult counsel regarding participation in the lawsuit or seeking lead plaintiff status before the deadline.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for clients. The firm can evaluate your potential claims and explain your legal options at no upfront cost.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311184
Source: Faruqi & Faruqi LLP
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OAK BROOK, Ill., Aug. 24, 2026 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) today announced that on August 20, 2026, as expected, it received a notice indicating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Form 10-Q for the quarter ended June 30, 2026 (the “Form 10-Q”). The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.
The Notice has no immediate effect on the listing or trading of the Company’s common stock on Nasdaq.
About Hub Group
Hub Group offers comprehensive transportation and logistics management solutions. Keeping our customers’ needs in focus, Hub Group designs, continually optimizes, and applies industry-leading technology to our customers’ supply chains for better service, greater efficiency, and total visibility. As an award-winning, publicly traded company (Nasdaq: HUBG), our approximately 6,000 employees and drivers across the globe are always in pursuit of “The Way Ahead” – a commitment to service, integrity and innovation. For more information, visit hubgroup.com.
If you purchased or acquired Hub Group securities between April 28, 2023, and May 11, 2026 and would like to discuss your legal rights, contact Bragar Eagel & Squire partners Brandon Walker or Melissa Fortunato by email at [email protected] or by telephone at (212) 355-4648.
Click here to participate in the action.
NEW YORK, Aug. 24, 2026 (GLOBE NEWSWIRE) --
What’s Happening?
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Hub Group, Inc. (“Hub Group” or the “Company”) (NASDAQ:HUBG) in the United States District Court for the Northern District of Illinois on behalf of all persons and entities who purchased or otherwise acquired Hub Group securities between April 28, 2023, and May 11, 2026, both dates inclusive (the “Class Period”).Investors have until August 28, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. What are the Allegation Details?
According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements—caused by the premature and incorrect recognition of certain transactions—concerning, inter alia, Hub Group's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth. In addition, Hub Group's 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 —concerning, inter alia, Hub Group's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth. When the true details entered the market, the lawsuit claims that investors suffered damages. What are my Next Steps?
If you purchased or otherwise acquired Hub Group shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hub Group, Inc. (NASDAQ: HUBG) between April 28, 2023 and May 11, 2026, inclusive (the "Class Period"), of the important August 28, 2026 lead plaintiff deadline.
So what: If you purchased Hub Group securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements—caused by the premature and incorrect recognition of certain transactions—concerning, inter alia, Hub Group's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth. In addition, Hub Group's 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 —concerning, inter alia, Hub Group's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com