The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Taboola.com Ltd (“Taboola” or the “Company”) (NASDAQ: TBLA) securities during the period of May 6, 2026 through August 4, 2026, inclusive (“the Class Period”). Investors are encouraged to contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.
If you suffered a loss on your Taboola investments, you have until October 20, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted after this deadline. If you choose to take no action, you may remain an absent class member. For more information about the lawsuit:
[CONTACT THE FIRM IF YOU SUFFERED A LOSS]
What Is This Lawsuit About? The lawsuit alleges that Taboola made false and/or misleading statements and failed to disclose to investors that: (i) the Company was seeing an increase in low-quality publishers; (ii) as a result, the Company would need to take an aggressive approach to exiting these low-quality publisher relationships, impacting earnings; and (iii) as a result, the value of the Company’s publisher relationships was overstated.
On August 5, 2026, Taboola reported its second quarter 2026 earnings, which included revenue of $476.8 million, falling short of previously issued second quarter guidance of $492 million to $505 million. The Company also cut its previously issued full year 2026 guidance, reducing expected revenue by $91 million at the midpoint to $1,930 to $1,956 million and further cut expected gross profit $10 million at the midpoint to $605 to $615 million.
The Company stated that “[r]evenue was below our guidance this quarter” in part because Taboola took “a more aggressive approach in the second quarter by exiting publisher relationships that did not meet our standards for advertiser success” and because of a “decision to remove low-quality publishers that were not delivering value for advertisers.” On this news, Taboola’s stock price fell $1.45, or 27.41%, to close at $3.84 on August 5, 2026.
[LEARN MORE ABOUT THE LAWSUIT]
The Lead Plaintiff Appointment Process. The federal securities laws permit any investor who acquired eligible securities during the class period to seek appointment as lead plaintiff in a class action lawsuit. Learn more about the lead plaintiff process and eligibility requirements here. Courts typically appoint the investor(s) with the largest financial loss in the case and the ability to represent the class rather than investors with simply the largest investment portfolio. Courts regularly appoint individual investors, whether acting alone or as a group, as lead plaintiffs. The rights of any investor who bought shares during the class period are generally already protected. However, lead plaintiffs have the power to influence case strategy and have a say in settlement decisions, as well as decisions concerning allocation of settlement funds among class members.
[LEARN MORE ABOUT THE LEAD PLAINTIFF PROCESS]
What Should I Do? If you purchased or otherwise acquired Taboola securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260826545264/en/
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