Shares of Hub Group, Inc. fell over 20% on February 5, 2026, after the company announced it had discovered an accounting error, rendering its prior financial statements likely inaccurate, and will delay the release of its Q4 and full-year financial results. Gibbs Mura is investigating a potential Hub Group, Inc. (NASDAQ: HUBG) Securities Class Action Lawsuit concerning whether Hub Group has violated federal securities laws by providing false or misleading statements to investors.

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What is the Hub Group Investigation About?

On February 5, 2026, Hub Group revealed an accounting error that resulted in a $77 million understatement of “purchased transportation costs and accounts payable during the first three quarters of 2025.” Hub Group now estimates that correcting the error will increase purchased transportation and warehousing costs for the first three quarters of 2025, “but cannot yet estimate what the resulting increase to purchased transportation and warehousing costs and accounts payable will be,” the company said in a news release.

Hub Group also said it plans to restate its financial statements for the first three quarters of 2025 and continue “to assess the potential impact to its consolidated financial statements for the years ended December 31, 2024 and 2023.”

Following this news, shares of Hub Group plummeted 20% on February 5, 2026, and continued to drop the following day, causing significant harm to investors.

About Gibbs Mura, A Law Group

Gibbs Mura represents investors nationwide in securities litigation. The firm has recovered billions of dollars for its clients against some of the world’s largest corporations, and our attorneys have received numerous honors for their work, including “Best Lawyers in America,” “Top Plaintiff Lawyers in California,” “California Lawyer Attorney of the Year,” “Class Action Practice Group of the Year,” “Consumer Protection MVP,” and “Top Women Lawyers in California.”

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