GPGI Faces Securities Investigation Following Quarterly Sales Slump

The scrutiny follows GPGI's May 7, 2026, financial disclosure, which revealed significant headwinds within its Husky segment. Pro forma adjusted net sales for the quarter slid to $290.8 million, a 5.2% decline from the previous year. More notably, the company’s pro forma adjusted EBITDA plummeted by 40.2% to $38 million, prompting a rapid sell-off of shares.

Robbins Geller, a firm specializing in shareholder rights litigation, is now soliciting information from investors and potential witnesses regarding the company's financial reporting. Attorneys Ken Dolitsky and Michael Albert are leading the inquiry, which seeks to determine whether the company misled shareholders prior to the earnings release. The firm has requested that those who suffered losses or possess relevant internal information contact their San Diego offices directly.