Class Action Lawsuit Filed Against GPGI, Inc. Alleging Investor Harm
Law firm Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against GPGI, Inc. and its officers. The complaint alleges the company made misleading statements regarding a key acquisition.
Law firm Bronstein, Gewirtz & Grossman, LLC announced on August 31, 2026, that it has filed a class action lawsuit against GPGI, Inc. The complaint asserts that GPGI, Inc., formerly CompoSecure, Inc., and certain of its officers violated federal securities laws. The alleged violations stem from purportedly false and misleading statements and omissions made during the period of November 3, 2025, to May 6, 2026.
The lawsuit claims that during the class period, the defendants materially overstated the value of the company's acquisition of Husky. It further alleges that Husky was not on track to meet projected revenue and EBITDA targets, and that these targets lacked a reasonable basis. The complaint suggests a primary motivation for the acquisition was to generate fees for specific entities and individuals rather than to create long-term shareholder value.
As a result of these alleged misrepresentations and omissions, the complaint contends that investors were misled about the business, prospects, and expected financial results of GPGI and Husky as a combined entity. Bronstein, Gewirtz & Grossman, LLC is encouraging all persons and entities who purchased GPGI Class A common stock during the specified period to join the lawsuit.
Investors who suffered losses in GPGI have until September 14, 2026, to request the court appoint them as lead plaintiff. The law firm, which specializes in securities fraud class actions and shareholder derivative suits, operates on a contingency fee basis, meaning clients only pay fees if the case is successful. The firm states it has recovered hundreds of millions of dollars for investors nationwide.