Introduction to the GPGI Class Action Lawsuit
- The GPGI class action lawsuit represent purchasers of GPGI, Inc. f/k/a CompoSecure, Inc. (NYSE: GPGI; CMPO) Class A common stock between November 3, 2025 and May 6, 2026, inclusive (the “Class Period”).
- Captioned City of Warren Police and Fire Retirement System v. GPGI, Inc., No. 26-cv-05951 (S.D.N.Y.), the GPGI class action lawsuit charges GPGI, certain of GPGI’s top executive officers and directors, and Resolute Holdings Management, Inc. with violations of the Securities Exchange Act of 1934.
- If you suffered substantial losses and wish to serve as lead plaintiff of the GPGI class action lawsuit or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected].
- Lead plaintiff motions for the GPGI class action lawsuit must be filed with the court no later than September 14, 2026.
Key Details of the GPGI Class Action Lawsuit (June, 2026)
What is the Lawsuit About
- The acquisition was allegedly structured to benefit insiders rather than shareholders.
- The company made false and misleading statements suggesting the newly acquired Husky division was on track for financial success when it was not.
WBOC TV
Who is Eligible?
Investors who bought GPGI Class A common stock during the November 3, 2025 – May 6, 2026 timeframe and suffered financial losses may qualify to be part of the GPGI class action lawsuit.
Next Steps for Investors
If you suffered losses, you can share in a potential financial recovery without serving as the lead plaintiff. However, if you want to seek the role of lead plaintiff—which directs the litigation—you have until September 14, 2026 to file a motion with the court.
How to Get Involved
- If you bought a security during the alleged class period and suffered a loss, you are generally automatically included in the class. You don’t have to take any action unless you want to file a claim for recovery later.
- You may be notified of a class action by mail if you are an eligible class member.
- You may be able to become a lead plaintiff by applying within 60 days of the first lawsuit being announced.
- If you believe you may have a claim, you can contact a securities class action law firm for guidance.
What Is a Notice in a Class Action
- A notice in a class action refers to the formal communication sent to potential class members informing them about the lawsuit and their rights to participate in it.
- This notice is a crucial part of the class action process as it ensures that all individuals who may be affected by the outcome of the GPGI class action lawsuit are aware of their rights and can choose whether to opt-in or opt-out of the class.
- The notice typically contains information about the nature of the GPGI class action lawsuit, the claims being made, and the potential benefits or risks associated with participation. It also provides instructions on how to file a claim or request exclusion from the class.
- Overall, the notice serves to promote transparency and fairness in the class action process by ensuring that all affected individuals have an opportunity to exercise their legal rights.
Allegations in the GPGI Class Action Lawsuit
GPGI, Inc. has historically operated a financial technology and security business. On November 3, 2025, CompoSecure announced its acquisition of Husky Technologies Limited (“Husky”), a manufacturer and provider of plastic injection molding equipment, systems, and services used to manufacture plastics products, such as water bottles and medical devices (the “Husky Acquisition”).
The GPGI class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:
- Defendants had materially overstated the value of Husky;
- Husky was not on track to achieve the revenue and Adjusted EBITDA targets provided in the proxy statement and such targets lacked a reasonable basis in objective fact;
- A primary motivation of the Husky Acquisition was to generate millions of dollars in fees for Resolute Holdings and the individual defendants, rather than to create long-term value for CompoSecure shareholders; and
- As a result of the above, defendants had materially misrepresented the business, prospects, and expected financial results of GPGI and Husky as a combined business.
On March 12, 2026, GPGI announced 4Q25 and FY25 earnings and disclosed that Husky had $520.8 million in 4Q25 net sales (up 6.1% year-over-year) and $1.5687 billion in FY25 net sales (up 5% year-over-year). GPGI further disclosed that Husky had Pro Forma Adjusted EBITDA of $136.1 million in 4Q25 (down 5.4% year-over-year) and $373.4 million in FY25 (down 3% year-over-year).
- Notably, Husky’s Pro Forma Adjusted EBITDA margins for 4Q25 compressed by 318 basis points from 29.3% to 26.1%. On this news, the price of GPGI stock fell 16% over two trading days.
- Then, on May 7, 2026, GPGI reported its 1Q26 financial results, revealing that Husky’s Pro Forma Adjusted Net Sales were just $290.8 million, down 5.2% year-over-year, and its Pro Forma Adjusted EBITDA fell to $38 million, down 40.2% year-over year.
- Additionally, GPGI cut 2026 guidance, with its Pro Forma Adjusted Net Sales lowered from an initial range of $2.183 billion to $2.228 billion to a range of $1.95 billion to $2.10 billion, and its Pro Forma Adjusted EBITDA lowered from an initial range of $620 million to $650 million to a range of $550 million to $610 million.
On this news, the price of GPGI stock fell nearly 26% according to the GPGI class action lawsuit.
Rights of Investors in the GPGI Class Action Lawsuit
Investors affected by the GPGI class action lawsuit possess specific rights that they can exercise. Understanding these rights is vital for anyone considering involvement in the GPGI class action lawsuit.
Right to Information
- Investors have the right to receive accurate and timely updates regarding the GPGI class action lawsuit.
- This includes information on the case’s progress, potential settlements, and any necessary actions they may need to undertake.
Right to Participate
- Affected investors have the right to join the GPGI class action lawsuit.
- This allows them to collaborate with other investors in seeking compensation for their losses without the burden of filing individual lawsuits.
Right to Legal Representation
- Investors can seek legal counsel to navigate the complexities of the GPGI class action lawsuit.
- Legal professionals can provide guidance and support throughout the process.
- If you suffered substantial losses and wish to serve as lead plaintiff of the GPGI class action lawsuit or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected].
Contingency Fee Agreements: No Cost to Hire a Lawyer
- No Fee: It does not cost anything to hire a lawyer if you are eligible for an GPGI class action lawsuit. We take all cases on a contingency basis which means we do not get paid unless we win or settle your case.
- Talk with a Lawyer Free of Charge: A lawyer can explain the process of an GPGI class action lawsuit and answer any questions you may have free of charge.
Contact Timothy L. Miles Today About a GPGI Class Action Lawsuit
The most important thing you need to know is you can call me at no charge if you wish to serve as lead plaintiff of the GPGI class action lawsuit, or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected]. (24/7/365).
Timothy L. Miles, Esq.
Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
300 Centerview Dr. #247
Mailbox #1091
Brentwood,TN 37027
Phone: (855) Tim-MLaw (855-846-6529)
Email: [email protected]
Website: www.classactionlawyertn.com