Investors in Taboola have until October 20 to seek lead plaintiff role in securities lawsuit

New York, New York, Faruqi & Faruqi, LLP, a leading national securities law firm, is reminding investors who purchased or acquired Taboola.com Ltd. (NASDAQ: TBLA) securities between May 6, 2026, and August 4, 2026, of an important deadline: October 20, 2026. This is the deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against the company.

The lawsuit alleges that Taboola and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose critical information. Specifically, the complaint asserts that the company was experiencing an increase in low-quality publishers, which would necessitate an aggressive approach to exiting these relationships, impacting earnings and overstating the value of the company's publisher relationships. As a result, the company's positive statements about its business, operations, and prospects were materially misleading and lacked a reasonable basis.

On August 5, 2026, before the market opened, Taboola reported second quarter 2026 earnings, with revenue falling short of previously issued guidance. The company also lowered its full-year 2026 outlook, reducing expected revenue by $91 million at the midpoint to a range of $1.93 billion to $1.956 billion and lowering expected gross profit by $10 million at the midpoint to a range of $605 million to $615 million. During the earnings call, management explained that "revenue was below our guidance" 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."

Following this news, Taboola's share price fell $1.45, or 27.41%, to close at $3.84 on August 5, 2026, on unusually heavy trading volume.

Faruqi & Faruqi, LLP, is encouraging investors who believe they may have suffered losses to contact partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). The firm has recovered hundreds of millions of dollars for investors since its founding in 1995 and is dedicated to representing investors in securities litigation.

Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who directs and oversees the litigation on behalf of the putative class.

Faruqi & Faruqi, LLP, also encourages anyone with information regarding Taboola's conduct to contact the firm, including whistleblowers, former employees, shareholders, and others.

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For frequently asked questions regarding the lawsuit, visit www.faruqilaw.com/TBLA.

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