Hub Group, Inc. Securities Fraud Class Action Result of Erroneous Financial Statements and Approximately 31% Stock Decline - Investors May Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC

Hub Group, Inc. ("Hub" or the "Company") (NASDAQ: HUBG) is facing a securities class action lawsuit due to alleged erroneous financial statements and a significant stock decline. Investors who purchased or acquired the Company's securities between April 28, 2023, and May 11, 2026, inclusive, are urged to contact Kahn Swick & Foti, LLC by August 28, 2026, to file lead plaintiff applications. The lawsuit alleges that Hub Group and certain executives violated federal securities laws by failing to disclose material information. Specifically, on February 5, 2026, the Company disclosed that its financial statements for the first three quarters of 2025 should not be relied upon due to an error that understated purchased transportation costs and accounts payable, leading to a restatement. This news caused Hub Group shares to fall approximately 18%. Subsequently, on May 12, 2026, the Company disclosed that its 2023 and 2024 annual reports were materially misstated due to incorrectly recognized or unsupported transactions, and that it did not maintain effective disclosure controls and procedures. This resulted in an additional 13% decline in Hub Group shares. The case is Lawler v. Hub Group, Inc., et al, 26-cv-07596.