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2026
Hub Group sued in securities fraud class action over financial restatements
Bleichmar Fonti & Auld LLP announced that a securities fraud class action was filed against Hub Group Inc. and certain senior executives in the U.S. District Court for the Northern District of Illinois, alleging materially false and misleading statements about revenue recognition, purchased transportation costs, internal controls and growth drivers, after Hub Group's stock fell 18% following its February 5, 2026 announcement that its 2025 quarterly financial statements should not be relied upon and would be restated.