The San Diego-based law firm is examining whether GPGI, Inc. misled shareholders regarding its financial health. On May 7, 2026, the company disclosed that its Husky division’s pro forma adjusted net sales slipped to $290.8 million, a 5.2 percent decline compared to the previous year. More alarmingly, the firm’s pro forma adjusted EBITDA plummeted by 40.2 percent to $38 million.
GPGI Faces Securities Investigation After Sharp Earnings Decline
A 26 percent plunge in GPGI stock following dismal first-quarter results has triggered a formal investigation by Robbins Geller Rudman & Dowd LLP. Attorneys are now scouring for evidence of potential federal securities law violations as the company struggles with a significant contraction in its core Husky segment.
Investors who incurred losses or possess information relevant to the firm's inquiry are being urged to reach out to attorneys Ken Dolitsky or Michael Albert. Robbins Geller, which claims to have recovered over $8.4 billion for investors in the last five years, is positioning this inquiry as a potential securities fraud case. The firm is currently soliciting witness testimony and investor data to determine the viability of a class-action lawsuit.
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