INVESTOR DEADLINE: RGRD Law Announces that Via Transportation, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - VIA

Robbins Geller Rudman & Dowd LLP has announced that investors who purchased Via Transportation, Inc. (VIA) common stock in connection with its initial public offering (IPO) on September 15, 2025, have until August 10, 2026, to seek appointment as lead plaintiff in a class action lawsuit. The lawsuit, captioned Garlesky v. Via Transportation, Inc., alleges violations of the Securities Act of 1933 by Via Transportation, its executives and directors, and the IPO underwriters.

The complaint asserts that the IPO offering documents were materially misleading. Specifically, it claims that Via Transportation was acquiring customers faster than they were generating revenue, leading to a decline in Platform Annual Run-Rate Revenue per customer. Additionally, the lawsuit alleges that existing regulatory issues in Germany would impede Via Transportation's growth strategy.

The stock price declined significantly following disclosures of these issues. Following the Q3 2025 earnings report on November 13, 2025, the stock dropped nearly 13% after Via Transportation disclosed a decline in Platform Annual Run-Rate Revenue per customer for the first time in eight quarters. Further declines occurred after the Q4 2025 report on February 27, 2026, and the Q1 2026 report on May 12, 2026, with the stock price falling an additional 17% on the latter news, closing nearly 70% below the IPO price.