{"id":10842,"date":"2026-08-27T07:00:00","date_gmt":"2026-08-27T00:00:00","guid":{"rendered":"https:\/\/www.globenewswire.com\/news-release\/2026\/08\/27\/3351741\/937\/en\/reminder-gpgi-inc-investors-with-significant-losses-must-act-by-september-14-2026-contact-kirby-mcinerney-llp.html3351741"},"modified":"2026-08-27T07:14:06","modified_gmt":"2026-08-27T00:14:06","slug":"reminder-gpgi-inc-investors-with-significant-losses-must-act-by-september-14-2026-contact-kirby-mcinerney-llp","status":"publish","type":"post","link":"https:\/\/cryptoinsider.asia\/vi\/reminder-gpgi-inc-investors-with-significant-losses-must-act-by-september-14-2026-contact-kirby-mcinerney-llp\/","title":{"rendered":"REMINDER: GPGI, Inc. Investors With Significant Losses Must Act By September 14, 2026 - Contact Kirby McInerney LLP"},"content":{"rendered":"\n

NEW YORK, Aug. 26, 2026 (GLOBE NEWSWIRE) — Kirby McInerney LLP<\/a> reminds GPGI, Inc. (\u201cGPGI\u201d or the \u201cCompany\u201d) (NYSE: GPGI) investors of the September 14, 2026<\/strong> deadline to seek the role of lead plaintiff in a pending federal securities class action. Investors are encouraged to contact Lauren Molinaro<\/a> of Kirby McInerney LLP by email at investigations@kmllp.com<\/a>, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.<\/p>\n

[CONTACT THE FIRM IF YOU SUFFERED A LOSS<\/a>]<\/p>\n

What Is The Lawsuit About?<\/strong><\/p>\n

The lawsuit has been filed on behalf of investors who purchased securities during the period of November 3, 2025 and May 6, 2026, inclusive (\u201cthe Class Period\u201d). The lawsuit alleges that GPGI misled investors about its acquisition of Husky Technologies Limited (\u201cHusky\u201d) and the Company\u2019s overall business prospects. Specifically, the lawsuit alleges that GPGI\u2019s management represented that the Husky deal was “highly accretive\u201d, that Husky was valued at roughly $5 billion, and GPGI\u2019s earnings would grow sharply through 2030 post-acquisition \u2014 while allegedly overstating Husky\u2019s value, presenting revenue and earnings targets that lacked a reasonable basis, and downplaying a management-fee arrangement with Resolute Holdings Management, Inc. (\u201cResolute Holdings\u201d), another public company controlled by GPGI Chairman David M. Cote\u2019s family.<\/p>\n

On February 26, 2026, short seller Jehoshaphat Research claimed that GPGI had overstated the value of Husky in order obtain shareholder approval for its acquisition because the deal would generate millions of dollars in fees for Resolute Holdings and the Individual Defendants named in the lawsuit. Then, on March 12, 2026, GPGI announced fourth quarter 2025 and fiscal year 2025 results, reporting compressed margins for Husky management attributed to a product mix shift towards lower margin new system sales, increased investments in personnel and product prototyping, and increased overhead for ramping up to deliver future sales. In response, the price of GPGI shares declined by $2.19 per share, or over 11%, from $19.74 per share on March 11, 2026, to close at $17.55 per share on March 12, 2026.<\/p>\n

On May 7, 2026, GPGI reported first quarter 2026 results, revealing that Husky\u2019s Adjusted Net Sales were $290.8 million, down 5.2% year-over-year, and its Adjusted EBITDA was $38 million, down 40.2% year-over year. Additionally, GPGI cut 2026 guidance and lowered Adjusted Net Sales from an initial range of $2.183 billion to $2.228 billion to a range of $1.95 billion to $2.10 billion, and lowered Adjusted EBITDA from an initial range of $620 million to $650 million to a range of $550 million to $610 million. In response, the price of GPGI shares declined by $4.52 per share, or nearly 26%, from $17.46 per share on May 6, 2026, to close at $12.94 per share on May 7, 2026.<\/p>\n

[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION<\/a>]<\/p>\n

What Should I Do?<\/strong><\/p>\n

If you purchased or otherwise acquired GPGI securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro<\/a> of Kirby McInerney LLP<\/a> by email at investigations@kmllp.com<\/a>, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.<\/p>\n

What is the Lead Plaintiff Deadline? <\/strong><\/p>\n

Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions. Learn more about the lead plaintiff process and eligibility requirements here<\/a>.<\/p>\n

[WHAT IS A SECURITIES CLASS ACTION?<\/a>]<\/p>\n

Kirby McInerney LLP<\/a> is a New York-based plaintiffs\u2019 law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm\u2019s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP\u2019s website<\/a>.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https:\/\/www.kmllp.com<\/a>
https:\/\/securitiesleadplaintiff.com\/<\/a>
investigations@kmllp.com<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Aug. 26, 2026 (GLOBE NEWSWIRE) — Kirby McInerney LLP reminds GPGI, Inc. (\u201cGPGI\u201d or the \u201cCompany\u201d) (NYSE: GPGI) investors of the September 14, 2026 deadline to seek the role of lead plaintiff in a pending federal securities class action. Investors are encouraged to contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost. 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