
GPGI, Inc. (NYSE: GPGI) Class Action Lawsuit Seeks Recovery for Investors; September 14, 2026, Deadline - Contact Kessler Topaz Meltzer & Check, LLP
PRNewsWire
Published: Aug 21, 2026, 06:07 AM GMT+9
Sentiment Analysis
Did you buy GPGI Class A common stock between November 3, 2025 and May 6, 2026? Affected GPGI Investor Summary Who: GPGI, Inc. ( NYSE: GPGI ) What: Securities fraud class action lawsuit filed Class Period: November 3, 2025 through May 6, 2026 Deadline to Seek Lead Plaintiff Status: September 14, 2026 Key Lawsuit Allegations: Material misstatements and/or omissions concerning the value and financial performance of certain company acquisitions. Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com ) for recovery options RADNOR, Pa. , Aug. 20, 2026 /PRNewswire/ -- Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) , a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against GPGI, Inc. (GPGI) (NYSE: GPGI ) on behalf of those who purchased or acquired GPGI Class A common stock between November 3, 2025 and May 6, 2026, inclusive. The lawsuit is filed in the United States District Court for the Southern District of New York and is captioned City of Warren Police and Fire Retirement System v. GPGI, Inc. , No. 1:26-cv-05951 (S.D.N.Y.). Investors have until September 14, 2026, to file for lead plaintiff status. CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS: If you purchased or acquired GPGI, Inc. Class A common stock and have lost money on your investment, please provide your information here: https://www.ktmc.com/gpgi-gpgi-inc-class-action-lawsuit?utm_source=PR_Newswire&utm_medium=pressrelease&utm_campaign=gpgi&mktm=PR You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected] . There is no cost or obligation to speak with an attorney. GPGI, INC. CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY: The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, and/or failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) GPGI had materially overstated the value of Husky Technologies Limited ("Husky"); (2) Husky was not on track to achieve the revenue and Adjusted EBITDA targets provided in the company's proxy statement and such targets lacked a reasonable basis in objective fact; (3) a primary motivation of the Husky acquisition was to generate millions of dollars in fees for Resolute Holdings ("Resolute") and Defendants, rather than to create long-term value for CompoSecure, Inc. ("CompoSecure") shareholders; and (4) as a result, Defendants' statements about the company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. Why did GPGI' s Stock Drop? On August 7, 2024, GPGI, then known as CompoSecure, announced that investment firm Resolute intended to acquire a majority interest in GPGI, which was completed on September 17, 2024. On January 12, 2026, CompoSecure announced the completion of its acquisition of Husky and rebranded itself as GPGI. On February 26, 2026, Jehosaphat Research published a report alleging, among other things, that GPGI had overstated the value of Husky in order to gain shareholder approval for the acquisition, stating that "[all] major aspects of the financials appear to be affected" including that free cash flow was overstated by 90%. Then, on March 12, 2026, GPGI released its fourth quarter and fiscal year 2025 financial results, disclosing that Husky saw its EBITDA decline 5.4% year-over-year in the quarter and 3% year-over-year for the full year. On this news, the price of GPGI Class A common stock declined $3.23 per share, or approximately 16.4%, over multiple trading sessions, from a close of $19.74 per share on March 11, 2026, to close at $16.51 per share on March 13, 2026. On May 7, 2026, GPGI released its ...
Source: PRNewsWire
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