Robbins LLP Urges HUBG Investors Who Lost Money Investing in Hub Group, Inc. to Contact the Firm for Information About Leading the Class Action

Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Hub Group, Inc. (NASDAQ: HUBG) securities between April 28, 2023 and May 11, 2026.

Shareholders allege that Hub Group, Inc. made materially false statements that harmed investors. According to the complaint, during the class period, the Company'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, the Company's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth.

The complaint further alleges that the Company's financial statements prepared for periods from Q1 2025 to Q3 2025 contained material misstatements—caused by the understatement of purchased transportation costs and accounts payable —concerning, inter alia, 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.

Plaintiff alleges that on February 5, 2026, Hub Group 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."