LOS ANGELES, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Investors in Taboola.com Ltd. ("Taboola" or the "Company") (NASDAQ: TBLA) have until October 20, 2026 to ask the Court to appoint them lead plaintiff in a securities fraud class action lawsuit filed on behalf of investors who purchased or otherwise acquired Taboola.com Ltd. securities between May 6, 2026 and August 4, 2026, inclusive. Glancy Prongay Wolke & Rotter LLP ("Glancy") today reminded investors of the upcoming deadline. The Taboola.com Ltd. case, Fortin v. Taboola.Com Ltd. et al., was filed on August 21, 2026 and is pending in the U.S. District Court for the Southern District of New York (Case No. 26-cv-07170).
Investors who suffered losses on Taboola.com Ltd. investments can contact Glancy about the Taboola.com Ltd. class action to learn about potentially pursuing claims under the federal securities laws before the October 20, 2026 deadline.
Deadline and key dates for Taboola.com Ltd. investors
- Lead plaintiff deadline: October 20, 2026
- Class period: May 6, 2026 to August 4, 2026, inclusive
- Complaint filed: August 21, 2026
- Court: U.S. District Court for the Southern District of New York
What happened?
On August 5, 2026, Taboola.com reported second quarter 2026 earnings, including revenue of $476.8 million, and disclosed that revenue was below guidance for the quarter, primarily as a result of the Company taking a more aggressive approach in the second quarter by exiting publisher relationships that did not meet its standards for advertiser success. The Company also revised its full-year 2026 revenue guidance to $1.930-$1.956 billion, as much as $110 million (5.4%) below the $2.04 billion FactSet consensus.
On this news, Taboola.com shares fell $1.46, or 27.50%, to close at $3.84 on August 5, 2026, thereby injuring investors.
What does the Taboola.com Ltd. complaint allege?
The Taboola.com Ltd. securities lawsuit alleges that, throughout the class period, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Taboola.com Ltd.'s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose to investors that: (1) the Company was seeing an increase in low-quality publishers; (2) as a result, the Company would need to take an aggressive approach to exiting these low-quality publisher relationships, impacting earnings; (3) as a result, the value of the Company’s publisher relationships was overstated; and (4) as a result, defendants' positive statements about Taboola.com Ltd.'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Investors who purchased or otherwise acquired Taboola.com Ltd. securities during the class period may move the Court no later than October 20, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.
"The complaint filed against Taboola.com Ltd. alleges that, among other things, the Company failed to disclose that the Company was seeing an increase in low-quality publishers. Investors who want to help lead this case must ask the Court by October 20, 2026, and that date is coming soon," said Charles H. Linehan, Partner at Glancy Prongay Wolke & Rotter LLP.
What's the next step?
Glancy Prongay Wolke & Rotter LLP is a leading national shareholder rights law firm that can help Taboola.com Ltd. investors evaluate potential claims to recover their losses. Investors who wish to serve as lead plaintiff in the Taboola.com Ltd. class action must move the Court by October 20, 2026. To learn more, visit the Taboola.com Ltd. case page, email shareholders@glancylaw.com, or call 310-201-9150 (toll-free: 888-773-9224).
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
To be a member of the Taboola.com Ltd. class, you need not take any action at this time. You may retain counsel of your choice or take no action and remain an absent class member. No class has been certified yet in the Taboola.com Ltd. case.
Frequently Asked Questions
Who is eligible? Investors who purchased or otherwise acquired Taboola.com Ltd. securities between May 6, 2026 and August 4, 2026 and suffered losses may be members of the proposed class in the Taboola.com Ltd. shareholder lawsuit.
When is the Taboola.com Ltd. lead plaintiff deadline? Motions to serve as lead plaintiff in the Taboola.com Ltd. class action must be filed with the U.S. District Court for the Southern District of New York by October 20, 2026.
What if I miss the Taboola.com Ltd. deadline? After October 20, 2026, investors generally can no longer ask to be appointed lead plaintiff, but Taboola.com Ltd. investors may still remain class members. Their ability to share in any future recovery does not depend on serving as lead plaintiff.
What is a lead plaintiff? In the Taboola.com Ltd. class action, the lead plaintiff is the investor, or group of investors, that the court appoints to represent all class members and oversee the case. Under the Private Securities Litigation Reform Act, courts generally presume the movant with the largest financial interest is the most adequate lead plaintiff.
Does it cost anything to contact Glancy or participate in this action? Glancy represents Taboola.com Ltd. investors on a contingency fee basis, which means investors pay no attorneys' fees unless there is a recovery. Any fees are subject to court approval and are paid from the recovery.
Why work with Glancy on the Taboola.com Ltd. lawsuit? Glancy Prongay Wolke & Rotter LLP is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Contact Glancy about the Taboola.com Ltd. class action. Prior results do not guarantee a similar outcome.
About Glancy Prongay Wolke & Rotter LLP
Glancy was named one of Law360's Securities Groups of the Year and ranked second in total investor recoveries by ISS Securities Class Action Services in 2025.
Glancy's successes have been widely covered by leading news and industry publications, including The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron's, Investor's Business Daily, Forbes, and Money.
Prior results do not guarantee a similar outcome.
Related links
- Taboola.com Ltd. case page, Glancy Prongay Wolke & Rotter LLP
- Complaint: Fortin v. Taboola.Com Ltd. et al., U.S. District Court for the Southern District of New York
- press release
- Taboola.com Ltd. SEC filings index, EDGAR
- Glancy Prongay Wolke & Rotter LLP
Contact
Glancy Prongay Wolke & Rotter LLP
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Email: shareholders@glancylaw.com
Telephone: 310-201-9150 | Toll-free: 888-773-9224
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