Scott+Scott Attorneys At Law LLP Reminds Investors Of Its Investigation Into Via Transportation, Inc. (NYSE: VIA)

2026-04-17 12:02:15

(MENAFN- GlobeNewsWire - Nasdaq) NEW YORK, April 17, 2026 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, alerts investors of its investigation into Via Transportation, Inc. (“Via Transportation” or the“Company”) (NYSE: VIA) concerning the Company's possible violations of the federal securities laws.

CLICK HERE TO RECEIVE ADDITIONAL INFORMATION ABOUT THIS POTENTIAL CLASS ACTION

Via Transportation went public on the NYSE in September 2025 at $46 per share. The Company purports to develop software for on-demand and shared transit systems.

Why did Via Transportation's Stock Drop?

On March 10, 2026, Bleeker Street Research published a report alleging, among other things, that Via Transportation's September 2025 IPO“narrative centers on the idea that it is a software platform” but that the Company is actually“a transit services contractor whose revenue is determined almost entirely by driver hours, vehicle hours, and operational labor, not by software licenses or platform usage.” The report further alleges“VIA routinely books large implementation fees and up to 18 months of software charges upfront, inflating ARR.”

On this news, Via Transportation's stock price fell $0.49, or 2.6%, to close at $18.51 per share on March 10, 2026, thereby injuring investors. Since its IPO, Via Transportation's stock price has fallen as low as $13.11 per share, down more than 70% from its IPO price.

Are you a potential class member eligible to recover?

If you are an investor who lost money on Via Transportation, and have suffered a loss, realized or unrealized, and you wish to discuss this investigation, please contact attorney Mandeep S. Minhas at (888) 398-9312 or at ....

CLICK HERE TO FIND OUT IF YOU CAN RECOVER YOUR LOSSES

About Scott+Scott

Scott+Scott is an international law firm known for its expertise in representing corporate clients, institutional investors, businesses, and individuals harmed by anticompetitive conduct or other forms of wrongdoing, including securities law and shareholder violations.

With 150 attorneys plus supporting staff in eight offices in the United States as well as one office in Canada and three in Europe, our advocacy has resulted in significant monetary settlements on behalf of our clients, along with other forms of relief.

Our attorneys have been recognized across legal publications, including by Lawdragon for being among the 500 Top Financial Lawyers and the 500 Leading Global Antitrust & Competition Lawyers. In addition, we have received top rankings by WWL: Commercial Litigation, Legal 500 in Antitrust as well as Securities Litigation, Chambers, and Best Lawyers®. Our attorneys have been repeatedly recognized by the American Antitrust Institute for the successful litigation of high-stakes anticompetitive claims in the United States.

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CONTACT:
Mandeep S. Minhas
Scott+Scott Attorneys at Law LLP
230 Park Avenue, 24th Floor, New York, NY 10169
(888) 398-9312
...

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