Did Hub Group, Inc. (HUBG) Mislead Investors? Levi & Korsinsky Investigates Ready to Announce with Confidence?
New York, New York--(Newsfile Corp. - May 18, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Hub Group, Inc. (NASDAQ: HUBG) ("Hub Group, Inc.") concerning potential violations of the federal securities laws.
Hub Group's officers signed Sarbanes-Oxley certifications across multiple 10-Q and 10-K filings from 2023 through 2025 stating that each report "does not contain any untrue statement of a material fact" and "fairly presents, in all material respects, the financial condition and results of operations" of the company. The company's 2024 10-K left the error-correction checkbox unchecked, indicating no corrections to previously issued financial statements. The Audit Committee subsequently confirmed that the financial statements underlying those certifications were materially misstated and should no longer be relied upon.
The company's NT 10-K filing on March 3, 2026, stated that the company's quarterly financial statements for the periods ending March 31, 2025, June 30, 2025, and September 30, 2025 "were in each case materially misstated and should no longer be relied upon." A Form 12b-25 late-filing notice followed, and Nasdaq issued a compliance deadline.
On May 12, 2026, the issue compounded: Hub Group filed a late quarterly filing notification and a Form 8-K informing investors that the 2023 and 2024 annual financial statements similarly "should no longer be relied upon" as the Company "expects to conclude it did not maintain effective disclosure controls and procedures" for each of those years.
If you suffered a loss on your Hub Group, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to our team of experienced shareholder advocates.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297774
Source: Levi & Korsinsky, LLP
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