GPGI securities fraud class action

A securities fraud class action lawsuit has been filed against GPGI, Inc. (NYSE: GPGI) in the United States District Court for the Southern District of New York, captioned United States — City of St. Clair Shores Police and Fire Retirement System v. GPGI, Inc., No. 1:26-cv-05951 (S.D.N.Y.). The lawsuit alleges that GPGI made materially false and misleading statements and failed to disclose material adverse facts about its business, operations, and prospects during the class period from November 3, 2025 to May 6, 2026. Specifically, the complaint claims that GPGI overstated the value of Husky Technologies, which it acquired, and that the acquisition was motivated by generating fees for Resolute Holdings rather than creating value for CompoSecure shareholders. The stock price declined significantly after the release of financial results showing weak performance from Husky. Investors have until September 14, 2026, to seek lead plaintiff status.