INVESTOR REMINDER: Berger Montague Notifies Hub Group, Inc. (HUBG) Investors of a Class Action Lawsuit and Deadline

Berger Montague PC announces a class action lawsuit against Hub Group, Inc. (NASDAQ: HUBG) on behalf of investors who purchased or acquired Hub Group securities during the period from April 28, 2023 through May 11, 2026. Investors who purchased or acquired Hub Group securities during the Class Period may, no later than August 28, 2026, seek to be appointed as a lead plaintiff representative of the class. The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements concerning the premature and incorrect revenue recognition of certain transactions, the understatement of purchased transportation costs and accounts payable, the effectiveness of the Company's internal controls, and the drivers of the Company's financial results and growth. The alleged misstatements first came to light on February 5, 2026, when Hub Group announced that its financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to an error that resulted in the understatement of purchased transportation costs and accounts payable during the first nine months of 2025. The Company estimated that the total reduction related to the issue was $77 million. Following these disclosures, Hub Group's stock price declined approximately 18%, from $51.33 per share on February 5, 2026, to $41.96 per share on February 6, 2026. The alleged risks further materialized on May 12, 2026, when Hub Group announced that certain transactions had been prematurely or incorrectly recognized or not adequately supported, causing its 2023 and 2024 annual reports to be materially misstated and should no longer be relied upon. Following this disclosure, Hub Group's stock price declined an additional 13%, from $41.86 per share on May 11, 2026, to $36.62 per share on May 12, 2026. Investors who purchased or acquired Hub Group securities during the Class Period are encouraged to contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267) 764-4865.