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Pomerantz LLP Files Securities Fraud Lawsuit Against GPGI, Inc.; Investor Deadline Approaching

Pomerantz LLP has filed a class action lawsuit against GPGI, Inc. alleging securities fraud. Investors who purchased GPGI securities during the class period must file a lead plaintiff motion by September 14, 2026.

16 July 2026
Pomerantz LLP Files Securities Fraud Lawsuit Against GPGI, Inc.; Investor Deadline Approaching

Pomerantz LLP announced that a class action lawsuit has been filed against GPGI, Inc. The lawsuit alleges that the company and certain of its officers and/or directors engaged in securities fraud or other unlawful business practices.

Investors who purchased or acquired GPGI securities during the specified class period are advised to contact Pomerantz LLP. The deadline to file a motion with the court to be appointed as lead plaintiff is September 14, 2026.

The stock price of GPGI experienced significant declines following two separate announcements. In March 2026, the company reported its fourth-quarter and full-year 2025 earnings, revealing a decrease in Pro Forma Adjusted EBITDA and compressed EBITDA margins for its Husky Technologies segment. This news resulted in a 16.36% drop in GPGI's stock price.

Further price erosion occurred in May 2026, after GPGI announced its first-quarter 2026 financial results, which showed decreased net sales and EBITDA for Husky. Concurrently, GPGI lowered its full-year 2026 guidance for both Pro Forma Adjusted Net Sales and Pro Forma Adjusted EBITDA. Following this announcement, the stock price fell by an additional 25.89%.

Pomerantz LLP is a law firm specializing in corporate, securities, and antitrust class litigation, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv.

Original source: prnewswire.com