San Diego, September 29, 2026 / PRNewswire / -- Shareholder Rights Law Firm Robbins LLP reminds investors that a class action lawsuit has been filed on behalf of all individuals and entities that purchased or otherwise acquired Taboola.com Ltd securities ( NASDAQ : TBLA ) between May 6, 2026, and August 4, 2026 (hereinafter referred to as the "class action period"). Taboola operates a platform that collaborates with websites, devices, and mobile applications to recommend editorial content and advertisements on open networks.
The complaint alleges that Taboola misled investors regarding the value of the company's issuer relationship.
Investors who suffered significant losses during the class action period may be eligible to participate in the lawsuit and should contact Robbins LLP by the deadline of October 20, 2026, to learn more about the relevant information.
Taboola Why was it sued?
The complaint alleges that during the class action period, the defendant failed to disclose the following matters:
- The number of low-quality publishers with which the company collaborates is increasing;
- The company will need to take aggressive measures to disengage from these low-quality publishers, which will affect its profitability;
- Therefore, the value of the relationship with company issuers is overestimated;
- For the aforementioned reasons, the defendant's positive statements regarding the company's business, operations, and prospects are significantly misleading and/or lack reasonable basis.
Why did the stock price of __BJW_KEEP_00001 fall?
The complaint states that before the opening on August 5, 2026, Taboola announced its financial results for the second quarter of 2026, which showed revenue of $476.8 million, lower than the company's previous guidance of $492 million to $505 million for that quarter. The company also lowered its previously issued annual guidance for 2026, reducing the expected median revenue by $91 million to $1.93 billion to $1.956 billion, and further reducing the expected median gross profit by $10 million to $605 million to $615 million.
Prior to the opening of trading on the same day, Taboola also held a performance conference call. During the call, the company's Chief Financial Officer, Stephen Walker, stated, "Revenues this quarter fell below our guidance," partly due to the company's "more aggressive approach in the second quarter to discontinue relationships with publishers that did not meet our advertiser success criteria." The company's CEO, Adam Singolda, further explained that the quarter faced challenges because of the decision to "remove those low-quality publishers that failed to create value for advertisers."
Affected by this news, the stock price of Taboola fell by $1.45 on August 5, 2026, a decrease of 27.41%, closing at $3.84, with abnormally high trading volume on that day.
Who can participate in the Taboola class action?
This lawsuit is intended to represent investors who purchased or otherwise acquired Taboola.com Ltd common shares between May 6, 2026, and August 4, 2026.
Investors who have suffered losses during this period may have relevant legal rights under the federal securities laws.
What is a lead plaintiff?
The lead plaintiff is an investor designated by the court to represent the interests of all collective members throughout the litigation process. Shareholders who intend to take the lead in this case should contact Robbins LLP before the deadline for applications from the lead plaintiff on October 20, 2026.
Being the lead plaintiff is not a prerequisite for sharing any potential compensation. If the case continues to progress and is ultimately resolved successfully, investors who did not apply for appointment can still participate as absent collective members.
Is there a fee involved for participation?
Not required. Robbins LLP represents investors on a risk agency fee basis.
Contact Robbins LLP
Investors who wish to learn more about the securities class action involving Taboola.com and Ltd can submit inquiries, send emails to attorneys Aaron Dumas and Jr, or contact Robbins LLP by calling (800) 350-6003.
About Robbins LLP
Robbins LLP is a law firm specializing in representing investors in securities fraud and shareholder litigation. The firm claims to have helped investors recover over $2 billion in compensation, facilitated significant corporate governance reforms, and has represented shareholders in cases involving alleged violations of federal securities laws.
Robbins LLP Co-founder Brian J. Robbins states: "The company has an obligation to provide investors with complete and accurate information so that the market can operate fairly and efficiently."
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Message source: Robbins LLP
