Hagens Berman expands Pentair investor class period to March 11, 2025
Hagens Berman says Pentair investors can seek lead-plaintiff status in a securities fraud case tied to an expanded class period ending after a July 14 disclosure.
Hagens Berman Sobol Shapiro LLP said investors in Pentair plc can seek lead-plaintiff status in a securities fraud class action after the proposed class period was expanded to March 11, 2025 through July 14, 2026.
The firm’s alert says the lawsuit accuses Pentair and certain top executives of making materially false and misleading statements and omitting adverse information about the company’s financial health, channel inventory and internal controls. The deadline to ask the court to appoint a lead plaintiff is Oct. 2, 2026, according to the alert.
The alert says the case could affect investors who bought or acquired Pentair common stock during the expanded period and say they lost money after the company’s July 2026 disclosures. Hagens Berman said the earlier class period had been listed as April 28, 2026 through July 14, 2026 before the change.
According to the alert, the alleged “artificial inflation” in Pentair shares ended after the market closed on July 14, 2026, when the company pre-announced preliminary second-quarter 2026 results that were said to fall substantially below consensus estimates. The alert said Pentair’s stock fell 15% in one session, losing $11.35 to close at $64.33 on July 15, 2026, on unusually heavy trading volume.
Hagens Berman identified Reed Kathrein as the partner leading the investigation. In a quoted statement, Kathrein said the firm is examining the timing of the disclosures, the CFO’s departure after four months, and the impact of channel destocking on Pentair’s financial health.
The alert also told investors who purchased or acquired Pentair common stock between March 11, 2025 and July 14, 2026 and suffered losses to seek appointment as lead plaintiff by the Oct. 2 deadline. It also mentioned the SEC whistleblower program and said rewards may be available for non-public information that leads to a successful SEC recovery.
Hagens Berman’s alert did not include a response from Pentair, and the allegations have not been tested in court.
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