The investigation centers on a May 7, 2026, disclosure regarding the company's Husky segment. Financial reports revealed that Pro Forma Adjusted Net Sales for the segment reached only $290.8 million, marking a 5.2% decline year-over-year. More concerning to shareholders was the 40.2% drop in Pro Forma Adjusted EBITDA, which fell to $38 million. These figures prompted a significant market correction, wiping out more than a quarter of the company's valuation in a single session.
Robbins Geller Rudman & Dowd LLP, based in San Diego, is now spearheading the inquiry. Attorneys Ken Dolitsky and Michael Albert are leading the effort, inviting those with relevant information or financial losses to come forward. The firm maintains a prominent record in securities litigation, claiming over $8.4 billion in investor recoveries over the last five years. Investors seeking to participate in the ongoing review are directed to contact the firm directly or submit details via the official case portal.

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