Hub Group received a Nasdaq non-compliance notice after failing to timely file its Form 10-Q for the quarter ended June 30, 2026. The notice cites Nasdaq Listing Rule 5250(c)(1) and does not immediately suspend trading in HUBG common stock, but continued non-compliance could lead to more serious consequences, including possible delisting. The development comes amid a securities class action alleging premature and incorrect revenue recognition, understated purchased transportation costs and accounts payable, and inadequate disclosure controls. Hub Group disclosed in February 2026 that it had understated purchased transportation costs and accounts payable by $77 million for the first nine months of 2025, then said in May that its 2023 and 2024 financial reports were materially misstated. The associated stock declines erased more than $870 million in market capitalization. Hagens Berman is seeking investors who acquired HUBG securities between April 28, 2023, and May 11, 2026, ahead of the Aug. 28, 2026, lead plaintiff deadline.