The law firm said it is investigating whether Shutterstock, Inc. and certain officers or directors engaged in securities fraud or other unlawful business practices after the company suspended future quarterly cash dividends.
Pomerantz LLP said it is investigating claims on behalf of investors in Shutterstock, Inc. over whether the company and certain of its officers and directors engaged in securities fraud or other unlawful business practices. The inquiry follows a July 22, 2026 press release in which Shutterstock said its Board of Directors had resolved to suspend the company’s future quarterly cash dividend as part of an ongoing review of capital-allocation priorities, including reducing debt, minimizing related interest expense and strengthening financial flexibility. Shutterstock shares fell $1.62, or 21.95%, to close at $5.76 on July 23, 2026, after that announcement. Pomerantz directed investors to contact Danielle Peyton about the matter and included information about joining a class action.