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PR Newswire·

Shareholders who lost money in shares of GPGI, Inc. (NYSE: GPGI) Should Contact Wolf Haldenstein Immediately

  • Wolf Haldenstein Adler Freeman & Herz LLP filed a securities fraud class action lawsuit against GPGI, Inc. (NYSE: GPGI).
  • The class period covers purchases of GPGI Class A common stock between November 3, 2025, and May 6, 2026.
  • The lead plaintiff deadline is set for September 14, 2026.
  • Allegations include GPGI overstating the value of Husky Technologies Limited, which was acquired in January 2026.
  • The complaint claims Husky failed to meet projected revenue & EBITDA targets.
  • Defendants are accused of acquiring Husky primarily to generate fees for Resolute Holdings rather than to create shareholder value.
  • The lawsuit asserts that defendants' statements lacked a reasonable factual basis.
  • On March 12, 2026, the stock dropped 16.4% to $3.23/share following Q4 2025 results showing an EBITDA decline.
  • On May 7, 2026, the stock dropped 25.9% to $4.52/share after Q1 2026 results revealed further deterioration & guidance cuts.
  • Context includes the Resolute acquisition announcement in August 2024, the Husky acquisition completion in January 2026, & a negative research report in February 2026.
  • Investors may contact Gregory Stone at Wolf Haldenstein Adler Freeman & Herz LLP via phone or email at no cost or obligation.