Glancy Prongay Wolke & Rotter LLP reminds investors that August 10, 2026 is the deadline to file a lead plaintiff motion in a securities fraud class action against Via Transportation, Inc. The lawsuit is brought on behalf of purchasers of Via common stock pursuant or traceable to the company's September 2025 initial public offering, which sold 10,714,285 shares at $46.00 per share. The complaint alleges that defendants failed to disclose declining annual run-rate revenue per customer and regulatory headwinds in Germany that hindered the company's land-and-expand strategy, rendering positive statements misleading. Via's stock price fell 14.6% on November 13, 2025 after third-quarter results revealed the revenue decline, dropped another 7.5% on February 27, 2026 following disclosure of European regulatory challenges, and fell 16.6% on May 12, 2026 after first-quarter 2026 results cited continued budgetary constraints in Germany, closing nearly 70% below the IPO price.
Via Transportation, Inc.Lawsuit alleges undisclosed regulatory headwinds in Germany and declining revenue, causing stock to fall nearly 70% below IPO price.