Hub Group Inc. (HUBG) Stock Drop Lawsuit Investigation
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What is the Hub Group (HUBG) Lawsuit Investigation About?
Shares of Hub Group, Inc. after the company announced it had discovered an accounting error, rendering its prior financial statements likely inaccurate, and will delay the release of its Q4 and full-year financial results.
Gibbs Mura is investigating a potential Hub Group Inc. lawsuit for investors over the company’s possible violations of federal securities laws. This potential lawsuit seeks to help Hub Group Inc. (HUBG) shareholders recover their losses.
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Why is Hub Group (NASDAQ: HUBG) Stock Dropping?
On February 5, 2026, Hub Group disclosed that while preparing its financial statements, it identified an accounting error that resulted in a $77 million understatement of “purchased transportation costs and accounts payable during the first three quarters of 2025.” Hub Group now estimates that correcting the error will increase purchased transportation and warehousing costs for the first three quarters of 2025, “but cannot yet estimate what the resulting increase to purchased transportation and warehousing costs and accounts payable will be,” the company said in a news release.
Hub Group also said it plans to restate its financial statements for the first three quarters of 2025 and continue “to assess the potential impact to its consolidated financial statements for the years ended December 31, 2024 and 2023.”
Following this news, shares of Hub Group plummeted 20% on February 5, 2026, and continued to drop the following day, causing significant harm to investors.
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Additional FAQs
How do securities class action lawsuits work?
Publicly traded companies are legally required to provide truthful, accurate information to investors. When a company misrepresents facts, conceals risks, or engages in fraudulent practices, investors can suffer significant financial harm. Securities class action lawsuits allow affected shareholders to seek recovery for their investment losses and hold the company accountable for violating the law.
How can I get my money back?
If you invested in Hub Group (HUBG), you may be eligible to recover your investment losses. Fill out the form above so that our team can confidentially contact you about your potential options.
Do I have to pay anything out of pocket?
No; participating in a securities class action lawsuit with our firm will never cost you anything out of pocket. If a lawsuit is filed and is successful down the line, the court typically has the discretion to award fair attorney's fees out of a gross recovery.
What is your firm’s experience with investor lawsuits?
Our financial fraud and securities lawyers have more than two decades of experience prosecuting fraud and have successfully litigated against some of the largest companies in the United States. We’ve recovered more than a billion dollars on our clients’ behalf.
Am I eligible to participate in the potential lawsuit if I sold all my shares after the drop?
Whether you choose to hold or sell your shares will not impact your eligibility for this lawsuit. Your eligibility to join this class action depends on if you purchased your shares during the relevant period, called the “class period.”
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Anna represents plaintiffs in class action and complex litigation involving corporate wrongdoing and financial fraud.
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We represent individuals, whistleblowers, employees, and small businesses across the U.S. against the world's largest corporations. Our award-winning lawyers have achieved landmark recoveries and billions of dollars for our clients in high-stakes class action and individual cases involving consumer protection, data breach, digital privacy, and federal and financial fraud lawsuits. Our attorneys have received numerous honors for their work, including “Top Plaintiff Lawyers in California,” “Top Class Action Attorneys Under 40,” “Consumer Protection MVP,” “Best Lawyers in America,” and “Top Cybersecurity/ Privacy Attorneys Under 40.
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