EquipmentShare.com Sued For Securities Violations; Block & Leviton Encourages Investors Who Lost Money to Contact the Firm

According to the complaint, EquipmentShare.com completed its January 2026 IPO at $24.50 per share after telling investors in its offering materials that it expected to terminate or substantially reduce transactions with entities tied to its founders, brothers Jabbok and Willy Schlacks, and that there were no other related-party dealings beyond those disclosed.

The complaint alleges those statements were false and misleading because the founder-related transactions were never wound down and additional undisclosed founder-controlled entities continued to feed the company's equipment sale-leaseback program - including sales the company reported had not occurred.

The alleged self-dealing came to light on June 24, 2026, when a short-seller report described undisclosed related-party transactions that had netted founder-affiliated entities at least $77 million.

Over the following two trading sessions, EquipmentShare's stock fell roughly 17.55% to close at $19.69 per share, and later traded as low as $16.06 - about 34.5% below the IPO price - causing losses for investors.

Anyone who purchased or otherwise acquired EquipmentShare.com Inc. Class A common stock pursuant or traceable to the company's January 2026 IPO, and/or purchased EquipmentShare securities between January 23, 2026, and June 23, 2026, may be eligible, whether or not they have sold their investment.

The deadline to seek appointment as lead plaintiff is September 21, 2026.