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Tennant Company (NYSE: TNC) is being investigated by Lowey Dannenberg over potential violations of Federal Securities Laws

  • Lowey Dannenberg P.C. is investigating Tennant Company for potential federal securities law violations.
  • On February 24, 2026, Tennant disclosed that a new ERP system rollout in North America caused severe operational disruptions.
  • The disruptions prevented the processing & shipping of customer orders, resulting in approximately $30 million in lost sales.
  • Tennant must spend over $20 million in 2026 to remediate the issues, exceeding its planned budget of roughly $5 million.
  • The disclosure followed prior statements assuring investors the project was on time, on budget, & successful in the Asia-Pacific region.
  • Tennant stock price dropped $19.28 per share (more than 23%) from $82.30 on February 23, 2026, to $63.02 on February 24, 2026.
  • Investors are urged to check eligibility for potential claims via the firm's Claim Magic platform or by contacting attorneys Andrea Farah & Vincent R. Cappucci Jr.