Investors File Class Action Against GPGI Over Alleged Husky Acquisition Misconduct

The complaint alleges that GPGI leadership materially overstated the value of Husky and misrepresented the company’s financial trajectory. According to the filing, the acquisition was allegedly motivated by the desire to generate millions in fees for Resolute Holdings and individual defendants rather than creating long-term value. Plaintiffs claim the revenue and Adjusted EBITDA targets presented in the proxy statement lacked a reasonable basis in objective fact, resulting in a distorted outlook for the combined business.

Investors who suffered losses during the designated class period have until September 14, 2026, to petition the court to serve as lead plaintiff. While the firm Bronstein, Gewirtz & Grossman operates on a contingency fee basis—meaning legal costs are typically recovered only if the litigation succeeds—participation in the class does not mandate serving as the lead representative. Those interested in reviewing the full complaint or discussing the litigation may reach Peretz Bronstein or Nathan Miller at 917-590-0911.