The complaint centers on allegations that GPGI, formerly known as CompoSecure, Inc., issued false and misleading statements to inflate the perceived value of the Husky division. According to the court filing, the acquisition was purportedly designed to benefit insiders rather than shareholders, while the division itself failed to meet its stated financial targets. Investors who suffered losses during the identified class period may be eligible for compensation.
Those interested in the case can contact Brian Schall or David Schwartz at the Los Angeles-based firm to discuss their legal standing. While shareholders have the option to serve as a lead plaintiff to help direct the litigation, such an appointment is not a requirement to participate in a potential recovery. The class has not yet been certified, meaning investors who take no action will remain absent class members. The firm notes that participants will not be required to pay out-of-pocket fees or costs.
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