Grabar Law Office is investigating claims on behalf of shareholders of Via Transportation, Inc. (NYSE: VIA). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.

Via Transportation, Inc. provides a platform that transforms global transportation systems into digital networks in the United States, Germany, and internationally. The company’s Via platform designed to address workflows for the end-to-end management of transit networks, including planning and scheduling, operating software, tech-enabled services, passenger tools, and data and insights. It offers technology-enabled services, including driver management, fleet management, autonomous vehicles, and customer support services. In addition, the company’s end to end hosted platform allows for the integration of multiple transportation modes into a single unified network. It offers solutions in the areas of end-to-end transit networks, transit planning and scheduling, microtransit, paratransit, school bus transportation, and integrated trip planning. The company serves cities, transit agencies, transport operators, school districts and departments of education, universities, corporations, to manage public transportation.

WHY? According to a recently filed federal securities class action lawsuit, Via Transportation, Inc. (NYSE: VIA), through certain of its officers, published IPO offering documents were materially false and/or misleading and/or omitted to state other facts necessary to make the statements made not misleading, including that: (i) at the time of the IPO, Via Transportation was adding customers faster than those customers were generating revenue, resulting in a decline in Platform Annual Run-Rate Revenue per customer; and (ii) existing regulatory issues would hinder Via Transportation’s “land and expand” strategy in Germany.

On November 13, 2025, Via Transportation published its 2025 third quarter financial results, in which it first disclosed that the Platform Annual Run-Rate Revenue per customer declined for the first time in eight quarters.  On this news, the price of Via Transportation stock declined nearly 13%, according to the complaint.

Then, on February 27, 2026, Via Transportation published its 2025 fourth quarter and full year financial results, in which the company revealed that it was “facing some headwinds . . . in Germany” that rendered Via Transportation unable to sell its entire platform in Germany.  On this news, the price of Via Transportation stock declined nearly 8%, according to the complaint.

Finally, on May 12, 2026, Via Transportation published its 2026 first quarter financial results, allegedly reporting that regulatory issues continued to limit Via Transportation’s growth in Germany.  On this news, the price of Via Transportation stock dropped an additional 17%, closing at nearly 70% below the IPO price.

WHAT CAN YOU DO NOW? If you purchased Via Transportation, Inc. (NYSE: VIA) shares on or shortly after the Company’s September 15 2025 IPO, and still hold shares today, you are encouraged to contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085.  You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.