Hagens Berman announced separate investigations into potential U.S. securities-law violations by Vertiv Holdings Co and International Business Machines Corporation (IBM) after sharp July 2026 share-price declines. Vertiv reported second-quarter 2026 net sales of $3.27 billion, below estimates of roughly $3.38 billion to $3.39 billion, and attributed the shortfall to internal and external supply-chain congestion and complex, multi-phase execution at hyperscale data-center sites. Its shares fell 17.26% on July 29, 2026, closing at $223.04. The Vertiv investigation examines whether the company and certain executives disclosed operational risks while describing its backlog, modular deployments and capacity expansion as progressing smoothly and raising full-year guidance. IBM CEO Arvind Krishna previewed weak second-quarter 2026 results on July 14, 2026, after IBM had expressed confidence in more than 5% constant-currency revenue growth for the year. IBM later reported 1% total revenue growth and a 7% decline in Infrastructure revenue, citing weaker IBM Z performance, problems in the associated software stack, customer capital-expenditure reprioritization and large deals that failed to close. IBM shares fell 25%, eliminating more than $68 billion in market capitalization. Hagens Berman partner Reed Kathrein is leading both investigations, which seek information from investors with substantial losses and people with relevant non-public information. Eligible SEC Whistleblower Program participants may receive up to 30% of a successful SEC recovery for original information.