{"success":true,"data":{"pressRelease":{"id":"121956","rtpr_id":"nGNX4ZF03c","ticker":"HUBG","exchange":"NASDAQ","all_tickers":["HUBG"],"title":"HUBG UPCOMING DEADLINE: SueWallSt Alerts Hub Group, Inc. Stockholders of Securities Class Action - Contact the Firm","author":"Globe Newswire","published_at":"2026-08-18T14:25:00.161Z","article_body":"NEW YORK, Aug. 18, 2026 (GLOBE NEWSWIRE) -- SueWallSt alerts investors in Hub\nGroup, Inc. (NASDAQ: HUBG) of a pending securities class action. Class Period:\nApril 28, 2023 through May 11, 2026.\n\nCheck if you might be eligible to recover your investment losses\n(https://www.globenewswire.com/Tracker?data=shmqxiGHG7v18ajs_bDYKZTKIKYMSvjkS0leV7Dm0llc9r9Jw4otgzIjErw0xlWLlT2jkGezx-C8SK4HEvfGfBntGZ-qf82kvUs0KwpAe9PiF76u4etowwU5E27lFNV2vdyemUCjVuK7GvxqXPrweU0HKsXKqmoq5n-TfoN00xid5PcNaR-nmY78YiEnAfw5VTVQXWZAfZJYAB2xFL7FoepeypHDJulqbUJUy3C90HhUhGMIBGhMuMmlb8jg-HBn)\nor contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com | (888) SueWallSt.\n\nHub Group shares lost $14.71 per share in cumulative declines after the\nCompany admitted its financial statements spanning 2023 through the first nine\nmonths of 2025 were materially misstated and could no longer be relied upon.\nThe Court has set August 28, 2026 as the deadline to apply for lead plaintiff\nappointment.\n\n\"Investors deserve transparency about material risks that could affect their\ninvestments. When a company certifies quarter after quarter that its internal\ncontrols are effective, shareholders are entitled to rely on those\ncertifications when making investment decisions,\" stated Joseph E. Levi, Esq.\n\nThe Alleged Internal Controls Breakdown\n\nA securities class action asserts that Hub Group repeatedly told investors its\ndisclosure controls and procedures were \"effective\" in every quarterly and\nannual SEC filing from Q1 2023 through Q3 2025. Each filing contained\nevaluations conducted \"under the supervision and with the participation of our\nmanagement, including our Chief Executive Officer and Chief Financial\nOfficer.\" The lawsuit claims these certifications were false because the\nCompany's controls failed to detect or prevent material misstatements in its\nlargest expense category and its revenue recognition practices.\n\nSarbanes-Oxley Certifications Under Scrutiny\n\nThe action claims that SOX certifications accompanying each SEC filing stated\nthat financial information \"fairly present in all material respects the\nfinancial condition, results of operations and cash flows\" of Hub Group. As\nalleged, the certifying officers were also \"responsible for establishing,\nevaluating, and maintaining disclosure controls and procedures\" and for\nproviding \"reasonable assurance regarding the reliability of financial\nreporting.\" The Company's own subsequent admissions allegedly contradict these\nrepresentations.\n\nAlleged Pattern of Ineffective Controls in Freight Transportation Securities\n* Hub Group certified internal controls as effective in at least ten separate\nSEC filings during the Class Period, according to the lawsuit\n* The Company later admitted it \"expects to conclude that it did not maintain\neffective disclosure controls and procedures and internal control over\nfinancial reporting\" for fiscal years 2023 and 2024\n* Financial statements for five reporting periods across nearly three years\nwere declared unreliable\n* An estimated $77 million understatement of purchased transportation costs\nwent undetected by the controls management certified as effective\n* The failure allegedly extended across multiple officers, including two\ndifferent CFOs (Geoffrey DeMartino and Kevin Beth) who each signed\ncertifications during their respective tenures, as well as multiple Chief\nAccounting Officers\n* The Company has not yet quantified the full scope of misstatements for 2023\nand 2024\nWhy Controls Adequacy Allegedly Matters to Investors\n\nInvestors rely on management's controls certifications as assurance that\nreported financial results are trustworthy. As alleged, Hub Group's controls\nfailed to catch $77 million in understated costs in 2025 alone, and additional\nunquantified errors across 2023 and 2024 involving premature or incorrect\nrevenue recognition. The lawsuit contends that without functioning controls,\nshareholders had no reliable basis for evaluating the Company's true financial\ncondition.\n\nLearn more about the case\n(https://www.globenewswire.com/Tracker?data=6hZa57V_idlXI6XlRcwYjcrEmM9HCh9zAZ_6waVTRnvoSuvFWWpISDw5KkLbJZC1XoE1VSlVh_evhCcvmdlsv6ydJiW700lBpXfBif1kYeLRPQJ68ggOoQg9GWlK4oUQP5myAyAm03OpQYbP6wUEW1Yvh1xEQjtfcLOTfOcLkxK3Eyyt5_RzgXmAYJ7Xpz6B)\nor call Joseph E. Levi, Esq. at (888) SueWallSt.\n\nWHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi &\nKorsinsky LLP has established itself as a nationally-recognized securities\nlitigation firm that has secured hundreds of millions of dollars for aggrieved\nshareholders and built a track record of winning high-stakes cases. The firm\nhas extensive expertise representing investors in complex securities\nlitigation and a team of over 70 employees to serve our clients. For seven\nyears in a row, Levi & Korsinsky has ranked in ISS Securities Class Action\nServices' Top 50 Report as one of the top securities litigation firms in the\nUnited States. \n\nFrequently Asked Questions About the HUBG Lawsuit\n\nQ: Who is eligible to join the HUBG investor lawsuit? A: Investors who\npurchased HUBG stock or securities between April 28, 2023 and May 11, 2026 and\nsuffered financial losses may be eligible. Eligibility is based on purchase\ndate and documented losses, not on whether you still hold the shares.\n\nQ: What specific misstatements does the HUBG lawsuit allege? A: The complaint\nalleges Hub Group made materially false or misleading statements regarding the\neffectiveness of its internal controls over financial reporting and disclosure\ncontrols, as well as the accuracy of its financial statements, during the\nclass period. When the true state was revealed, the stock price declined\nsharply.\n\nQ: When did Hub Group allegedly mislead investors? A: The class period runs\nfrom April 28, 2023 to May 11, 2026. The alleged fraud was revealed through\ncorrective disclosures on February 5, 2026 and May 12, 2026, causing\nsignificant stock declines.\n\nQ: What do HUBG investors need to do right now? A: Investors may gather\nbrokerage records showing purchase dates, share quantities, and prices paid.\nContact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost,\nno-obligation case evaluation at jlevi@levikorsinsky.com or (212) 363-7500.\nNo immediate action is required to remain eligible as an absent class\nmember.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the\ninvestor appointed by the court to represent the entire class. Lead plaintiffs\nare typically investors with the largest documented losses. Being appointed\ndoes not increase individual recovery but gives direct oversight of how the\ncase is run.\n\nQ: What if I already sold my HUBG shares -- can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthem. Investors who bought during the class period and sold at a loss may\nstill participate.\n\nQ: What does it cost me to participate? A: Nothing. Securities class actions\nare handled on a pure contingency basis. No upfront fees, no retainer, no\nout-of-pocket costs.\n\nQ: What if I missed the lead plaintiff deadline? A: The deadline applies only\nto investors seeking lead plaintiff appointment. Class members who miss it can\nstill participate in any settlement or recovery.\n\nCONTACT: \n\nLevi & Korsinsky, LLP \n\nJoseph E. Levi, Esq. \n\n33 Whitehall Street, 27th Floor \n\nNew York, NY 10004 \n\njlevi@SueWallSt.com \n\nTel: (888) SueWallSt \n\nFax: (212) 363-7171 \n\nAttorney Advertising. Prior results do not guarantee similar outcomes.\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4ZF03c","title":"HUBG UPCOMING DEADLINE: SueWallSt Alerts Hub Group, Inc. Stockholders of Securities Class Action - Contact the Firm","author":"Globe Newswire","ticker":"HUBG","created":"2026-08-18T14:25:00.161Z","tickers":["HUBG"],"exchange":"NASDAQ","article_body":"NEW YORK, Aug. 18, 2026 (GLOBE NEWSWIRE) -- SueWallSt alerts investors in Hub\nGroup, Inc. (NASDAQ: HUBG) of a pending securities class action. Class Period:\nApril 28, 2023 through May 11, 2026.\n\nCheck if you might be eligible to recover your investment losses\n(https://www.globenewswire.com/Tracker?data=shmqxiGHG7v18ajs_bDYKZTKIKYMSvjkS0leV7Dm0llc9r9Jw4otgzIjErw0xlWLlT2jkGezx-C8SK4HEvfGfBntGZ-qf82kvUs0KwpAe9PiF76u4etowwU5E27lFNV2vdyemUCjVuK7GvxqXPrweU0HKsXKqmoq5n-TfoN00xid5PcNaR-nmY78YiEnAfw5VTVQXWZAfZJYAB2xFL7FoepeypHDJulqbUJUy3C90HhUhGMIBGhMuMmlb8jg-HBn)\nor contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com | (888) SueWallSt.\n\nHub Group shares lost $14.71 per share in cumulative declines after the\nCompany admitted its financial statements spanning 2023 through the first nine\nmonths of 2025 were materially misstated and could no longer be relied upon.\nThe Court has set August 28, 2026 as the deadline to apply for lead plaintiff\nappointment.\n\n\"Investors deserve transparency about material risks that could affect their\ninvestments. When a company certifies quarter after quarter that its internal\ncontrols are effective, shareholders are entitled to rely on those\ncertifications when making investment decisions,\" stated Joseph E. Levi, Esq.\n\nThe Alleged Internal Controls Breakdown\n\nA securities class action asserts that Hub Group repeatedly told investors its\ndisclosure controls and procedures were \"effective\" in every quarterly and\nannual SEC filing from Q1 2023 through Q3 2025. Each filing contained\nevaluations conducted \"under the supervision and with the participation of our\nmanagement, including our Chief Executive Officer and Chief Financial\nOfficer.\" The lawsuit claims these certifications were false because the\nCompany's controls failed to detect or prevent material misstatements in its\nlargest expense category and its revenue recognition practices.\n\nSarbanes-Oxley Certifications Under Scrutiny\n\nThe action claims that SOX certifications accompanying each SEC filing stated\nthat financial information \"fairly present in all material respects the\nfinancial condition, results of operations and cash flows\" of Hub Group. As\nalleged, the certifying officers were also \"responsible for establishing,\nevaluating, and maintaining disclosure controls and procedures\" and for\nproviding \"reasonable assurance regarding the reliability of financial\nreporting.\" The Company's own subsequent admissions allegedly contradict these\nrepresentations.\n\nAlleged Pattern of Ineffective Controls in Freight Transportation Securities\n* Hub Group certified internal controls as effective in at least ten separate\nSEC filings during the Class Period, according to the lawsuit\n* The Company later admitted it \"expects to conclude that it did not maintain\neffective disclosure controls and procedures and internal control over\nfinancial reporting\" for fiscal years 2023 and 2024\n* Financial statements for five reporting periods across nearly three years\nwere declared unreliable\n* An estimated $77 million understatement of purchased transportation costs\nwent undetected by the controls management certified as effective\n* The failure allegedly extended across multiple officers, including two\ndifferent CFOs (Geoffrey DeMartino and Kevin Beth) who each signed\ncertifications during their respective tenures, as well as multiple Chief\nAccounting Officers\n* The Company has not yet quantified the full scope of misstatements for 2023\nand 2024\nWhy Controls Adequacy Allegedly Matters to Investors\n\nInvestors rely on management's controls certifications as assurance that\nreported financial results are trustworthy. As alleged, Hub Group's controls\nfailed to catch $77 million in understated costs in 2025 alone, and additional\nunquantified errors across 2023 and 2024 involving premature or incorrect\nrevenue recognition. The lawsuit contends that without functioning controls,\nshareholders had no reliable basis for evaluating the Company's true financial\ncondition.\n\nLearn more about the case\n(https://www.globenewswire.com/Tracker?data=6hZa57V_idlXI6XlRcwYjcrEmM9HCh9zAZ_6waVTRnvoSuvFWWpISDw5KkLbJZC1XoE1VSlVh_evhCcvmdlsv6ydJiW700lBpXfBif1kYeLRPQJ68ggOoQg9GWlK4oUQP5myAyAm03OpQYbP6wUEW1Yvh1xEQjtfcLOTfOcLkxK3Eyyt5_RzgXmAYJ7Xpz6B)\nor call Joseph E. Levi, Esq. at (888) SueWallSt.\n\nWHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi &\nKorsinsky LLP has established itself as a nationally-recognized securities\nlitigation firm that has secured hundreds of millions of dollars for aggrieved\nshareholders and built a track record of winning high-stakes cases. The firm\nhas extensive expertise representing investors in complex securities\nlitigation and a team of over 70 employees to serve our clients. For seven\nyears in a row, Levi & Korsinsky has ranked in ISS Securities Class Action\nServices' Top 50 Report as one of the top securities litigation firms in the\nUnited States. \n\nFrequently Asked Questions About the HUBG Lawsuit\n\nQ: Who is eligible to join the HUBG investor lawsuit? A: Investors who\npurchased HUBG stock or securities between April 28, 2023 and May 11, 2026 and\nsuffered financial losses may be eligible. Eligibility is based on purchase\ndate and documented losses, not on whether you still hold the shares.\n\nQ: What specific misstatements does the HUBG lawsuit allege? A: The complaint\nalleges Hub Group made materially false or misleading statements regarding the\neffectiveness of its internal controls over financial reporting and disclosure\ncontrols, as well as the accuracy of its financial statements, during the\nclass period. When the true state was revealed, the stock price declined\nsharply.\n\nQ: When did Hub Group allegedly mislead investors? A: The class period runs\nfrom April 28, 2023 to May 11, 2026. The alleged fraud was revealed through\ncorrective disclosures on February 5, 2026 and May 12, 2026, causing\nsignificant stock declines.\n\nQ: What do HUBG investors need to do right now? A: Investors may gather\nbrokerage records showing purchase dates, share quantities, and prices paid.\nContact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost,\nno-obligation case evaluation at jlevi@levikorsinsky.com or (212) 363-7500.\nNo immediate action is required to remain eligible as an absent class\nmember.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the\ninvestor appointed by the court to represent the entire class. Lead plaintiffs\nare typically investors with the largest documented losses. Being appointed\ndoes not increase individual recovery but gives direct oversight of how the\ncase is run.\n\nQ: What if I already sold my HUBG shares -- can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthem. Investors who bought during the class period and sold at a loss may\nstill participate.\n\nQ: What does it cost me to participate? A: Nothing. Securities class actions\nare handled on a pure contingency basis. No upfront fees, no retainer, no\nout-of-pocket costs.\n\nQ: What if I missed the lead plaintiff deadline? A: The deadline applies only\nto investors seeking lead plaintiff appointment. Class members who miss it can\nstill participate in any settlement or recovery.\n\nCONTACT: \n\nLevi & Korsinsky, LLP \n\nJoseph E. Levi, Esq. \n\n33 Whitehall Street, 27th Floor \n\nNew York, NY 10004 \n\njlevi@SueWallSt.com \n\nTel: (888) SueWallSt \n\nFax: (212) 363-7171 \n\nAttorney Advertising. Prior results do not guarantee similar outcomes.\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-18T14:25:00.200063147Z","server_sent_at_ms":1787063100200},"received_at":"2026-08-18T14:25:00.403Z","source_url":null},"analysis":{"id":"110940","press_release_id":"121956","analysis_json":{"industry":{"label":"Transportation","sector":"Industrials"},"redFlags":[],"eventType":"legal_litigation","narrative":"SueWallSt, powered by Levi & Korsinsky LLP, issued a solicitation notice reminding Hub Group investors of an August 28, 2026 deadline to seek lead plaintiff status in a securities class action.\n\nThe lawsuit alleges Hub Group misrepresented the effectiveness of its internal controls and financial statements from 2023 through 2025, including an estimated $77 million understatement of transportation costs.\n\nThis release is a law-firm marketing communication and does not constitute a new disclosure from the company or a court ruling.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":null,"quotedText":"Investors deserve transparency about material risks that could affect their investments.","namedEntities":{"people":[{"name":"Joseph E. 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Standard lead-plaintiff deadline reminder."},"tickerRelevance":{"others":[],"primary":"HUBG"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"SueWallSt, powered by Levi & Korsinsky LLP, issued a solicitation notice reminding Hub Group investors of an August 28, 2026 deadline to seek lead plaintiff status in a securities class action.\n\nThe lawsuit alleges Hub Group misrepresented the effectiveness of its internal controls and financial statements from 2023 through 2025, including an estimated $77 million understatement of transportation costs.\n\nThis release is a law-firm marketing communication and does not constitute a new disclosure from the company or a court ruling.","key_figures":null,"named_entities":{"people":[{"name":"Joseph E. 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