GPGI investors face Sept. 14, 2026 deadline in securities class action

GPGI investors who bought securities between November 3, 2025 and May 6, 2026 have until September 14, 2026 to seek appointment as lead plaintiff in a securities fraud class action in the Southern District of New York, identified in earlier notices as City of Warren Police and Fire Retirement System v. GPGI, Inc., No. 1:26-cv-05951. The case alleges GPGI, formerly CompoSecure, overstated the value of Husky Technologies Limited, used revenue and Adjusted EBITDA targets in its proxy statement that lacked a reasonable basis, and pursued the deal in part to benefit Resolute Holdings and certain defendants rather than create long-term shareholder value. The allegations were sharpened by a February 26, 2026 Jehosaphat Research report claiming Husky's free cash flow was overstated by 90%, a March 12 disclosure that Husky EBITDA fell 5.4% in the quarter and 3% for fiscal 2025, and a May 7 update showing Husky net sales down 5.2% and EBITDA down 40.2% as GPGI cut 2026 guidance. An April 22, 2026 lawsuit separately alleged that Resolute's acquisition of CompoSecure and the Husky deal were part of a "multistep scheme" to drain value from GPGI. Investor notices describe the March share-price reaction differently, with one citing an 11.09% drop on March 12 and an earlier notice citing a 16.4% decline from March 11 to March 13, while both cite a $4.52, or 25.9%, fall to $12.94 on May 7.

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