Taboola shareholders face October 20 deadline in securities class action

Schall, Brown & Schwartz LLP is reminding investors of a class action lawsuit against Taboola.com Ltd. over alleged violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, a U.S. securities-fraud rule. The proposed class covers investors who purchased Taboola shares on Nasdaq under the ticker TBLA from May 6, 2026, through Aug. 4, 2026. The deadline to contact the firm regarding a possible lead plaintiff appointment is Oct. 20, 2026. The complaint alleges that Taboola made false and misleading public statements by overstating the value of publisher relationships while aggressively exiting low-quality partnerships amid an influx of lower-quality relationships. Investors allegedly suffered losses after the market learned the truth. Lead plaintiff appointment is not required to participate in any recovery, the class has not yet been certified, and investors who take no action may remain absent class members.

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Taboola shareholders face October 20 deadline in securities class action - CoinPost Terminal