GPGI Shareholders Urged to Join Securities Fraud Class Action

The lawsuit alleges that GPGI executives issued misleading statements and omitted vital details regarding the company’s business operations. Specifically, the complaint claims the company significantly overstated the value of its Husky acquisition and set revenue and EBITDA targets that lacked any reasonable objective basis. Furthermore, the filing suggests the acquisition was primarily designed to generate fees for Resolute Holdings and individual defendants rather than to provide genuine long-term value for shareholders.

Glancy Prongay Wolke & Rotter LLP, a firm recognized for its work in investor rights litigation, is inviting affected parties to come forward. Potential lead plaintiffs must submit their motions to the court by September 14, 2026. While the firm is assisting those interested in pursuing claims, investors retain the right to select their own counsel or remain as absent class members should the case proceed. No class has been certified at this stage.