Kirby McInerney files GPGI investor class action over Husky deal claims

Kirby McInerney LLP said a securities class action has been filed on behalf of investors who bought GPGI, Inc. common stock between November 3, 2025 and May 6, 2026, while the Law Offices of Frank R. Cruz, Ademi LLP, Portnoy Law Firm and now Rosen Law Firm separately said they are investigating or pursuing claims tied to the company. The matters center on allegations surrounding GPGI’s acquisition of Husky Technologies Limited, including claims that the company overstated Husky’s value, promoted unsupported revenue and earnings targets, minimized or failed to disclose a management-fee arrangement involving Resolute Holdings and that the deal was motivated in part by fees for Resolute Holdings and certain individual defendants rather than long-term shareholder value. The filings and investigations also cite GPGI’s own disclosures on March 12 and May 7, 2026, when Husky reported weaker profitability, margin compression and lower sales, prompting sharp stock declines. Rosen said investors who bought Class A common stock during the same November 3, 2025 to May 6, 2026 period have until September 14, 2026 to move for lead-plaintiff status, while Portnoy previously cited a September 15, 2026 deadline.