Schall Brown & Schwartz alerts investors to GPGI securities lawsuit over Husky acquisition
Schall Brown & Schwartz LLP issued an investor alert on a pending securities class action against GPGI, saying the case involves alleged false statements tied to the Husky acquisition.
Schall Brown & Schwartz LLP says investors in GPGI, formerly CompoSecure, may have claims in a pending securities class action tied to the Husky acquisition.
Schall Brown & Schwartz LLP on Wednesday alerted investors to a pending securities class action against GPGI, Inc., alleging the company made false and misleading statements tied to the Husky acquisition.
The firm said the case could affect investors who bought GPGI securities during the stated class period of Nov. 3, 2025, through May 6, 2026. The release says investors may be able to seek compensation without out-of-pocket fees or costs if they contact the firm about their options.
According to the press release, the lawsuit alleges violations of Section 10(b) and Section 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5. The complaint, as described by the firm, says GPGI overstated the value of Husky Technologies Limited in connection with the acquisition, and that the Husky division was not on track to meet financial goals.
The release also says the acquisition was intended to enrich insiders and related parties. It says public statements during the class period were false and materially misleading, and that investors suffered losses when the market learned the truth.
GPGI, which the release identifies as formerly CompoSecure, trades on the New York Stock Exchange under the ticker GPGI, according to the firm. The release says the class has not yet been certified, and until certification occurs, investors are not represented by an attorney.
Schall Brown & Schwartz identified Brian Schall and David Schwartz as the attorneys listed on the notice. The release gave the firm’s Los Angeles address as 2049 Century Park East, Suite 2460, and listed a phone number of 310-301-3335 and the website schallfirm.com.
The release also says investors should contact the firm by Sept. 15, 2026, if they want to seek an opportunity to lead the securities fraud lawsuit. The firm said investors who do nothing may remain absent class members if the class is certified later.
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