Tuesday, 02 January 2024 12:17 GMT

Lowey Dannenberg, P.C. Is Investigating GPGI Inc. (NYSE: GPGI) For Potential Violations Of The Federal Securities Laws And Encourages Investors To Contact The Firm


(MENAFN- GlobeNewsWire - Nasdaq) NEW YORK, March 16, 2026 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating GPGI Inc. (“GPGI” or the“Company”) (NYSE: GPGI) for potential violations of the federal securities laws.

In February 2026, short seller Jehoshaphat Research published a report accusing GPGI Inc. of materially misrepresenting the financial performance and value of its recently acquired subsidiary, Husky Technologies. The report alleged that the company used inconsistent definitions of free cash flow and aggressive financial adjustments to portray Husky as significantly more profitable than it actually was, while relying on optimistic projections that extrapolated short-term growth trends. It also raised concerns about alleged aggressive revenue recognition practices, highlighted the sudden departures of key Husky executives following the acquisition, and criticized what it described as governance structures that could incentivize management to pursue acquisitions regardless of shareholder value. Following publication of the report and related news coverage discussing these allegations, the price of GPGI's stock declined, harming investors who had purchased shares at allegedly inflated prices.

If you suffered a loss in GPGI, and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact our attorneys Andrea Farah at (914) 733-7256 or via email to ... or Vincent R. Cappucci Jr. at (914) 733-7278 or via email at ....

About Lowey Dannenberg

Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

Contact

Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
Tel: (914) 733-7256
Email:...


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