Bragar Eagel & Squire, P.C. announced that a class action lawsuit has been filed against GPGI, Inc. in the United States District Court for the Southern District of New York. The lawsuit is on behalf of all persons and entities who purchased or otherwise acquired GPGI Class A common stock between November 3, 2025 and May 6, 2026. The complaint alleges that defendants made materially false and misleading statements and failed to disclose that they had overstated the value of Husky, that Husky was not on track to achieve the revenue and Adjusted EBITDA targets provided in the Proxy Statement, that a primary motivation of the Husky Acquisition was to generate millions of dollars in fees for Resolute Holdings and the individual defendants, and that defendants had materially misrepresented the business, prospects, and expected financial results of GPGI and Husky as a combined business. Investors have until September 14, 2026 to apply to the Court to be appointed as lead plaintiff.
GPGI, Inc.Class action lawsuit filed against GPGI for allegedly overstating Husky's value and making false statements.
Resolute Holdings Management, Inc.Lawsuit alleges defendants, including Resolute Holdings, made false statements to generate fees from the Husky Acquisition.