Investors Can Sue GPGI Over Alleged Fraudulent Statements
News provided byGPGI, Inc · 1 min read
BENSALEM, Pa., Sept. 4, 2026 /CourierPR/ -- Investors with significant losses in GPGI, Inc. now have an opportunity to lead a securities fraud lawsuit, according to the Law Offices of Howard G. Smith. The firm announced that those who wish to participate in the ongoing litigation must contact them by September 14, 2026.
The complaint alleges that between November 3, 2025, and May 6, 2026, GPGI, Inc. (GPGI) made materially false and misleading statements and failed to disclose important information about the company's business, operations, and prospects. Specifically, the lawsuit claims that:
1. GPGI had materially overstated the value of Husky, a company acquired by GPGI. 2. The revenue and Adjusted EBITDA targets provided in the Proxy Statement lacked a reasonable basis in objective fact and were not on track to be achieved. 3. The primary motive behind the Husky acquisition was to generate significant fees for Resolute Holdings and the individual defendants, rather than to create long-term value for CompoSecure shareholders. 4. GPGI's positive statements about its business, operations, and prospects were materially misleading and lacked a reasonable basis during the relevant period.
Those interested in learning more about the class action or seeking further information are advised to contact Howard G. Smith, Esq. of the Law Offices of Howard G. Smith at the address and phone number provided above.
To be a member of the class action, investors need not take any immediate action. They may either retain counsel of their choice or choose not to act and remain an absent member of the lawsuit.