Glancy Prongay Wolke & Rotter LLP reminds investors of the August 10, 2026 deadline to file a lead plaintiff motion in a class action lawsuit against Via Transportation, Inc. The lawsuit is filed on behalf of investors who purchased or acquired Via common stock pursuant or traceable to the company's September 2025 initial public offering. The complaint alleges that defendants made materially false or misleading statements and failed to disclose that the company's annual run-rate revenue per customer was declining and that regulatory issues would hinder its strategy in Germany. Via's stock price fell significantly after disclosures on November 13, 2025, February 27, 2026, and May 12, 2026, closing at $14.12 per share on May 12, 2026, nearly 70% below the IPO price of $46.00 per share.
Via Transportation, Inc.Securities fraud lawsuit alleging false statements about declining revenue and regulatory issues in Germany, causing stock to drop 70% from IPO price.