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New York, New York--(Newsfile Corp. - June 18, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Graphic Packaging Holding Company (NYSE: GPK) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Graphic Packaging securities between February 4, 2025 and February 2, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/GPK.

Graphic Packaging Case Details

The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that:

Graphic Packaging was experiencing, among other things, significant inventory management issues, as well as significantly reduced demand and volumes and increased costs; Defendants downplayed the true scope and severity of the foregoing issues, which were likely to, and did, have a material negative impact on the Company's business and financial results; Defendants likewise overstated the strength and sustainability of the Company's business model and operations, as well as its ability to weather ongoing macroeconomic headwinds; accordingly, the Company's previously issued FY 2025 financial guidance was unreliable and/or unrealistic; and as a result, Defendants' public statements were materially false and misleading at all relevant times.What's Next for Graphic Packaging Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/GPK, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Graphic Packaging you have until July 6, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Graphic Packaging Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Graphic Packaging Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296739

Source: Bronstein, Gewirtz & Grossman, LLC

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NEW YORK, June 19, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Graphic Packaging Holding Company (NYSE: GPK).

Shareholders who purchased shares of GPK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/graphic-packaging-holding-company-loss-submission-form/?id=188972&from=3 

CLASS PERIOD: February 4, 2025 to February 2, 2026

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Graphic Packaging was experiencing, inter alia, significant inventory management issues, as well as significantly reduced demand and volumes and increased costs; (ii) defendants downplayed the true scope and severity of the foregoing issues, which were likely to, and did, have a material negative impact on the Company’s business and financial results; (iii) defendants likewise overstated the strength and sustainability of the Company’s business model and operations, as well as its ability to weather ongoing macroeconomic headwinds; (iv) accordingly, the Company’s previously issued FY 2025 financial guidance was unreliable and/or unrealistic; and (v) as a result, defendants’ public statements were materially false and misleading at all relevant times.

DEADLINE: July 6, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/graphic-packaging-holding-company-loss-submission-form/?id=188972&from=3 

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of GPK during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 6, 2026. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected] 
Phone: (646) 453-8903 

Disclosure Under Scrutiny: Verra Mobility's SEC Filings Touted "Long-Standing Relationships" With Avis Budget Group While Allegedly Failing to Disclose Risks That the Customer Could Pursue In-House Solutions or Alternatives That Would Ultimately Terminate Over 10% of Company Revenue

, /PRNewswire/ -- Levi & Korsinsky, LLP examines the adequacy of Verra Mobility Corporation's (NASDAQ: VRRM) risk disclosures during a period when shareholders lost $9.23 per share following the revelation that Avis Budget Group terminated its contract. Find out if your losses qualify for recovery. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

VRRM shares collapsed 71% in a single session, falling from $13.08 to $3.85 on May 27, 2026. The lead plaintiff deadline is August 4, 2026.

What the Company Disclosed in SEC Filings

Verra Mobility's Form 10-K for the year ending December 31, 2025, filed on February 24, 2026, described the Commercial Services segment's customer base in affirmative terms. The filing stated: "We have long-standing relationships with, among others, the three largest RACs in the United States, Avis Budget Group, Enterprise Mobility, and The Hertz Corporation." The 10-K characterized Commercial Services as generating approximately $435.8 million in revenue for 2025, or roughly 45% of total revenue. Tolling management solutions alone accounted for approximately 39% of 2025 total revenues.

The complaint challenges this disclosure as materially incomplete, asserting that the filing framed the Avis relationship as stable and enduring while allegedly omitting that the customer was actively evaluating whether to replace Verra with in-house or alternative solutions.

What the Lawsuit Alleges Was Missing

The securities action contends that Verra's public filings and management statements omitted specific, known risks that had already materialized during the Class Period:

The 10-K referenced "long-standing relationships" without disclosing that Avis Budget Group's contract was operating under a short-term extension with no long-term renewal secured Management characterized negotiations as "ongoing and constructive" on May 6, 2026, allegedly without disclosing the severity of the risk that Avis could terminate rather than renew CEO statements at the March 3, 2026 Morgan Stanley conference dismissed in-sourcing risk as minimal, calling tolling operations "very complex" with "54 different toll authorities," while the complaint alleges that Avis was already evaluating precisely such alternatives The Company reaffirmed full-year 2026 guidance of $1.02 billion to $1.03 billion in revenue on May 6, 2026, without adjusting for the concentration risk that a single customer representing over 10% of revenue might not renew Risk factor language in SEC filings allegedly used generic terms about customer relationships rather than disclosing the specific, active threat to the Avis contract Speak with an attorney about whether VRRM's disclosures were adequate or call (212) 363-7500.

Why Generic Warnings Allegedly Did Not Protect Investors

"Generic risk factor language cannot substitute for disclosing specific, known problems that are already affecting a company's operations. When a company knows that a customer representing over 10% of revenue is actively considering termination, that is not a hypothetical risk for boilerplate language. It is a material fact that investors deserved to know." -- Joseph E. Levi, Esq.

The complaint highlights the contrast between the Company's boilerplate risk disclosures and the specific, concrete threat that the Avis relationship was deteriorating during the very period when management was publicly reaffirming guidance. The securities action maintains that Verra had an obligation to disclose the actual state of negotiations rather than relying on characterizations of "long-standing relationships" that allegedly painted a misleading picture of stability.

LEAD PLAINTIFF DEADLINE: August 4, 2026

Submit your information to evaluate potential recovery from VRRM disclosure failures or contact Joseph E. Levi, Esq. at (212) 363-7500.

ABOUT LEVI & KORSINSKY, LLP

Levi & Korsinsky, LLP, Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered for investors.

Frequently Asked Questions About the VRRM Lawsuit

Q: What specific misstatements does the VRRM lawsuit allege? A: The complaint alleges Verra Mobility made materially false or misleading statements regarding the stability of its relationship with Avis Budget Group, the likelihood of contract renewal, and the risk that major rental car customers could replace Verra with in-house solutions. When the true state was revealed on May 26, 2026, the stock price declined sharply.

Q: What is the VRRM lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is August 4, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.

Q: What if I already sold my VRRM shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.

Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What court was the VRRM class action filed in? A: The case was filed in the United States District Court for the District of Arizona, governed by the Private Securities Litigation Reform Act of 1995.

Q: Can I join a different law firm's lawsuit instead? A: Multiple firms often file competing complaints. The court consolidates and appoints a single lead counsel. Contacting Levi & Korsinsky before August 4, 2026 ensures your losses are considered.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171 

SOURCE Levi & Korsinsky, LLP

NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Verra Mobility Corporation (NASDAQ: VRRM) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Verra securities between February 24, 2026 and May 26, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/VRRM.

Verra Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

Defendants misrepresented the nature and stability of Verra’s relationship with Avis Budget Group (“Avis”), including the likelihood of securing a contract extension;Defendants downplayed the risk that major rental car companies, including Avis, could replace Verra’s services with in-house solutions or alternative third-party providers; and as a result, Defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading at all relevant times. What's Next for Verra Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/VRRM. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Verra you have until August 4, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Verra Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Verra Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

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Prior results do not guarantee similar outcomes.

, /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today organizational changes designed to accelerate the company's transformation initiatives, strengthen customer focus and create a more agile and efficient operating model.

The company has appointed Stacey Moser as Chief Customer Officer, effective immediately. In this new role, Moser will lead sales, account management and marketing across Verra Mobility's Commercial Services and Government Solutions businesses, bringing together customer-facing functions under a unified leadership structure.

"Stacey is a proven leader with an unwavering commitment to our customers," said Jon Keyser, President and Chief Executive Officer. "As Chief Customer Officer, she will help us further embed customer-centricity throughout the organization while ensuring we remain focused on delivering exceptional value and service. Her integrity, leadership, experience and ability to drive alignment across teams make her uniquely qualified to help lead our next phase of growth."

"My immediate priority will be ensuring continuity for our customers while driving greater alignment across customer-facing teams," said Stacey Moser, Chief Customer Officer. "I look forward to working closely with leaders throughout our business to further strengthen customer relationships, standardize processes and accelerate execution against Verra Mobility's strategic objectives."

This organizational change reflects recommendations from the review by the Transformation Committee of the Board of Directors and is an acceleration of efforts Verra Mobility began earlier this year involving the implementation of a hybrid operating model that centralizes key functions, including Human Resources, Finance, Legal, Government Relations, Engineering and Product Management, with leaders of those functions reporting directly to the CEO. Verra Mobility believes an essential step in this transformation is to further unify operations and customer-facing teams to accelerate execution and improve responsiveness.

"The Transformation Committee has worked closely with management to evaluate the company's operating structure, decision-making processes and opportunities to better align resources around customer needs," said Raj Ratnakar, chairperson of the Transformation Committee. "Through our review, we determined that a more unified operating model will better position the Company to serve customers, improve execution, optimize our cost structure and create long-term shareholder value."

"The Transformation Committee's work has reinforced our belief that we can better serve customers, make the business more cost efficient and create shareholder value through a simpler, more integrated operating model," Keyser said. "By reducing organizational complexity and bringing our teams closer to our customers, we believe we can move faster, improve decision-making, strengthen accountability and enhance our ability to deliver innovative solutions that address our customers' most important needs. Our Board and leadership team remain laser-focused on executing transformation initiatives that enhance operational effectiveness and position Verra Mobility for long-term growth."

The company previously disclosed that Jon Baldwin, Executive Vice President, Government Solutions, will depart Verra Mobility effective July 9, 2026. Baldwin will remain with the company through that date to support a smooth transition.

"Jon has been a deeply committed leader and has made significant contributions to Verra Mobility throughout his tenure," said Keyser. "He played an instrumental role in expanding our Government Solutions business, strengthening key customer relationships and securing important commercial wins, including the renewal of New York City's automated traffic enforcement program. We thank Jon for his dedication and many contributions to Verra Mobility and wish him continued success in his next chapter."

As Verra Mobility prioritizes the integration of customer-facing functions between its Commercial Services and Government Solutions businesses, the company will continue to operate T2 Systems independently. Under Lin Bo's leadership, T2 will remain focused on its parking customers.

About Verra Mobility
Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter, and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data, and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility, and support healthier communities. The company also solves complex payment, utilization, and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in the United States, Australia, Europe, and Canada. For more information, please visit www.verramobility.com.

Forward-Looking Statements
This press release contains forward-looking statements which address our expected future business and financial performance, and may contain words such as "goal," "target," "future," "estimate," "expect," "anticipate," "intend," "plan," "believe," "seek," "project," "may," "should," "will" or similar expressions. Forward-looking statements include statements regarding expectations related to our organizational changes including accelerating the company's transformation initiatives, strengthening customer focus and creating a more agile and efficient operating model, the ability of Ms. Moser to further embed customer-centricity throughout the organization while ensuring the company remains focused on delivering exceptional value and service, the ability of a unified operating model to better position the company to serve customers, improve execution, optimize our cost structure and create long-term shareholder value, and the company's ability to execute transformation initiatives that enhance operational effectiveness and position the company for long-term growth. Forward-looking statements involve risks and uncertainties, and a number of factors could cause actual results to differ materially from those currently anticipated. These factors include, but are not limited to, the impact of negative industry and macroeconomic conditions, including the impact of government actions and regulations, such as tariffs, trade protection measures, military conflicts, or a government shutdown, on our customers or Verra Mobility; customer concentration in our Commercial Services and Government Solutions segments, including risks impacting such segments such as travel demand and legislation, and the risk of losing a customer; risks related to our contract with NYCDOT, which comprises a material portion of our revenue, including the timing of payments; risks associated with the termination of the Avis Budget agreement and the renewal of other Commercial Services customer agreements; risks and uncertainties related to our government contracts, including legislative changes, termination rights, delays in payments, audits, and investigations; decreases in the prevalence or political acceptance of, or an increase in governmental restrictions regarding, automated and other similar methods of photo enforcement, parking solutions, or the use of tolling; our ability to successfully implement our acquisition strategy or integrate acquisitions; failures in or breaches of our networks or systems, including as a result of cyber-attacks or other incidents; risks and uncertainties related to our international operations and our ability to develop and successfully market new products and technologies into new markets; our failure to acquire necessary intellectual property or adequately protect our intellectual property; our ability to manage our substantial level of indebtedness; our ability to maintain effective internal controls over financial reporting; our ability to properly perform under our contracts and otherwise satisfy our customers; risks associated with the use of artificial intelligence and related tools; decreased interest in outsourcing from our customers; our ability to keep up with technological developments and changing customer preferences; our ability to compete in a highly competitive and rapidly evolving market; risks and uncertainties related to our share repurchase program; risks and uncertainties related to litigation and other disputes and regulatory investigations; our reliance on specialized third-party providers; and other risks and uncertainties indicated from time to time in documents we filed or will file with the Securities and Exchange Commission  (the "SEC"). In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. This press release should be read in conjunction with the information included in our other press releases, reports, and other filings with the SEC. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our 2025 Annual Report on Form 10-K and first quarter 2026 Quarterly Report on Form 10-Q. These forward-looking statements speak only as of the date of this press release and except to the extent required by applicable law, we do not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments, or otherwise. Understanding the information contained in these filings is important in order to fully understand our reported financial results and our business outlook for future periods.

Additional Information
We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com.

We intend to use our website including our quarterly earnings presentation as a means of disclosing material non-public information, additional financial and operating metrics and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media. In addition, you may enroll to automatically receive e-mail alerts and other information about our company by visiting "Email Alerts" under the "Investor Resources" section of the "Investors" portion of our website.

Investor Relations Contact
Mark Zindler
[email protected]

SOURCE Verra Mobility

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Verra To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Verra between February 24, 2026 and May 26, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - June 17, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Verra Mobility Corporation ("Verra" or the "Company") (NASDAQ: VRRM) and reminds investors of the August 4, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives.

On May 26, 2026, Verra issued a press release announcing a termination notice from Avis regarding its contract and accordingly lowered its 2026 full-year financial outlook. Almost one week later on June 1, 2026, the Company announced a sudden and surprising transition of its President and Chief Executive Officer David Roberts. Following this news, the price of Verra's common stock declined dramatically.

From a closing market price of $13.08 per share on May 26, 2026, Verra's stock price fell to $3.85 per share on May 27, 2026, a decline of about 71%.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Verra's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Verra class action, go to www.faruqilaw.com/VRRM or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Frequently Asked Questions (FAQ) for Investors Regarding the Verra Mobility Securities Class Action Lawsuit:

What is the Verra Mobility securities fraud lawsuit about?

The lawsuit alleges Verra Mobility misled investors about the strength of its relationship with Avis Budget Group, the likelihood of a contract extension, and the risk that major rental car companies could replace Verra's services with alternative solutions.

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired Verra Mobility (NASDAQ: VRRM) securities between February 24, 2026 and May 26, 2026 may be eligible to participate if they suffered losses related to the alleged misconduct described in the complaint.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff represents the interests of the proposed class and helps oversee the litigation. Investors seeking appointment must file a motion with the court by August 4, 2026. Investors can share in any recovery without serving as lead plaintiff.

What should investors do if they purchased Verra Mobility stock during the Class Period?

Investors should review their transaction records, preserve relevant documents, and evaluate their legal rights. Those who suffered losses may wish to consult counsel regarding participation in the lawsuit or seeking lead plaintiff status before the deadline.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Verra Mobility securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301720

Source: Faruqi & Faruqi LLP

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Key Dates and Disclosure Events Shareholders Need to Know: How Verra Mobility's Reassurances Escalated From February Through May 2026 Before a 71% Stock Collapse

, /PRNewswire/ -- SueWallSt encourages investors who suffered losses in Verra Mobility Corporation (NASDAQ: VRRM) to contact the firm. Those who purchased VRRM securities between February 24, 2026 and May 26, 2026 may be entitled to recover damages. Find out if you qualify to recover losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.

Shares fell $9.23 per share, a decline of approximately 71%, after the Company disclosed the termination of its contract with Avis Budget Group. The lead plaintiff deadline is August 4, 2026.

February 24, 2026: Full-Year Guidance Issued Amid Optimism

Verra published fourth quarter and full-year 2025 results, reporting 10% revenue growth in its Commercial Services segment. Management issued 2026 guidance calling for total revenue of $1.02 billion to $1.03 billion. On the accompanying earnings call, the Company described Commercial Services as a "durable cash-generative business with clear competitive advantage" and projected mid-single-digit segment growth for the year ahead.

March 3, 2026: Contract Renewal Risks Dismissed at Investor Conference

At the Morgan Stanley Technology, Media & Telecom Conference, the Company addressed customer concentration and renewal questions directly. The securities action alleges management described an "impeccable track record" of retaining RAC customers and characterized in-sourcing risk as minimal due to the complexity of tolling operations across 54 different toll authorities. Discussions with Avis Budget Group were described as routine.

March 17, 2026: In-House Replacement Concerns Minimized Again

At the JPMorgan Industrial Conference, the Company reiterated 10-plus-year customer relationships and deep systems integration with rental car operators. The complaint contends that management again minimized the possibility that RAC customers could replace Verra with in-house capabilities.

May 6, 2026: Guidance Reaffirmed Despite "Short-Term Extension" Disclosure

Verra reaffirmed all 2026 guidance measures. For the first time, the Company disclosed that its significant customer relationship representing over 10% of revenue was operating under a "short-term contract extension." Negotiations were described as "ongoing and constructive." The lawsuit asserts this characterization was misleading given the proximity of termination.

May 26, 2026: Avis Terminates, Stock Collapses 71%

After the market closed, Verra announced it received a termination notice from Avis Budget Group, effective September 2026. Management slashed guidance by $35 million in revenue at the midpoint. Shares fell from $13.08 to $3.85 the following trading day.

Submit your claim before the deadline or call (888) SueWallSt.

Chronology of Material Events

February 24, 2026: 2026 guidance issued; Commercial Services described as "durable" with solid fundamentals March 3, 2026: Customer renewal concerns dismissed; in-sourcing called unlikely due to tolling complexity March 17, 2026: Deep integration with RAC customers highlighted; replacement risk minimized a second time May 6, 2026: All guidance reaffirmed; Avis contract described as under "short-term extension" with "constructive" talks May 26, 2026: Termination notice disclosed; guidance cut by $35 million at revenue midpoint; stock fell 71% June 1, 2026: CEO David Roberts departed in a sudden leadership transition "Timely disclosure of material developments is fundamental to fair and efficient markets. The timeline in this case raises questions about the gap between public reassurances and the ultimate outcome of key contract negotiations." -- Joseph E. Levi, Esq.

ABOUT SUEWALLST -- For over two decades, SueWallSt has represented shareholders in securities class actions. Ranked in ISS Top 50 for seven consecutive years. Those wishing to serve as lead plaintiff must act by August 4, 2026.

Frequently Asked Questions About the VRRM Lawsuit

Q: When did Verra Mobility allegedly mislead investors? A: The class period runs from February 24, 2026 to May 26, 2026. The alleged fraud was revealed through corrective disclosures on May 26, 2026, causing a significant stock decline.

Q: How much did VRRM stock drop? A: Shares fell approximately 71%, a decline of $9.23 per share, after the Company disclosed the Avis Budget Group contract termination and lowered its 2026 full-year financial outlook.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What if I already sold my VRRM shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.

Q: What documents do I need to make a claim? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

CONTACT:

SueWallSt
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171

SOURCE SueWallSt.com

SAN FRANCISCO, June 18, 2026 (GLOBE NEWSWIRE) -- Verra Mobility Corporation (NASDAQ: VRRM) faces a securities class action lawsuit after revelations that one of the company’s three largest Commercial Services customers (Avis Budget Group) terminated renewal negotiations. The suit seeks to represent investors who purchased or otherwise acquired Verra common stock between February 24, 2026 and May 26, 2026.

The firm encourages Verra investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge of events surrounding Verra’s receipt of Avis’ termination notice who may be able to assist the investigation to contact its attorneys.

View our latest video summary of the allegations: youtu.be/FVEw5XACoGA

Verra Mobility Corporation (VRRM) Securities Class Action:

The complaint alleges Verra made false and misleading statements and did not disclose important information to investors about the true state of the Verra/Avis relationship and the likelihood of Verra receiving an Avis contract renewal.

Investors’ expectations were dashed when the truth was revealed on May 26, 2026. That day, Verra disclosed that it received a termination notice effective September 2026 from Avis regarding the companies’ contract, that it is taking immediate actions to cut costs, adapt operations, and reposition its business, and revised its 2026 outlook that significantly deviated from that given just twenty days prior.

Verra also revealed that it was reviewing the parties’ negotiations and handling of confidential information.

The news promptly sent the price of Verra shares 70% crashing lower on May 27, 2026, amputating $1.4 billion from the company’s market capitalization in a single day.

Five days after the bombshell announcements, on May 31, 2026, CEO Roberts departed from his employment and from the board of directors.

“Our investigation is focused on the extent to which and when Verra and its executives knew that renegotiations with Avis were far from constructive, as the May 26 surprise reveals,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

If you invested in Verra and have substantial losses, or have knowledge that will assist the firm’s investigation, submit your losses now.

If you’d like more information and answers to other frequently asked questions about the Verra case and the firm’s investigation, read more.

Whistleblowers: Persons with non-public information regarding Verra should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Contact:
Reed Kathrein, 844-916-0895

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Verra To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Verra between February 24, 2026 and May 26, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

, /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Verra Mobility Corporation ("Verra" or the "Company") (NASDAQ: VRRM) and reminds investors of the August 4, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

James (Josh) Wilson, Faruqi & Faruqi Senior Partner Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives.

On May 26, 2026, Verra issued a press release announcing a termination notice from Avis regarding its contract and accordingly lowered its 2026 full-year financial outlook. Almost one week later on June 1, 2026, the Company announced a sudden and surprising transition of its President and Chief Executive Officer David Roberts. Following this news, the price of Verra's common stock declined dramatically.

From a closing market price of $13.08 per share on May 26, 2026, Verra's stock price fell to $3.85 per share on May 27, 2026, a decline of about 71%.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. 

Faruqi & Faruqi, LLP also encourages anyone with information regarding Verra's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Verra class action, go to www.faruqilaw.com/VRRM or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Verra Mobility Securities Class Action Lawsuit:

What is the Verra Mobility securities fraud lawsuit about?

The lawsuit alleges Verra Mobility misled investors about the strength of its relationship with Avis Budget Group, the likelihood of a contract extension, and the risk that major rental car companies could replace Verra's services with alternative solutions.

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired Verra Mobility (NASDAQ: VRRM) securities between February 24, 2026 and May 26, 2026 may be eligible to participate if they suffered losses related to the alleged misconduct described in the complaint.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff represents the interests of the proposed class and helps oversee the litigation. Investors seeking appointment must file a motion with the court by August 4, 2026. Investors can share in any recovery without serving as lead plaintiff.

What should investors do if they purchased Verra Mobility stock during the Class Period?

Investors should review their transaction records, preserve relevant documents, and evaluate their legal rights. Those who suffered losses may wish to consult counsel regarding participation in the lawsuit or seeking lead plaintiff status before the deadline.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Verra Mobility securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

SOURCE Faruqi & Faruqi, LLP

, /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM) faces a securities class action lawsuit after revelations that one of the company's three largest Commercial Services customers (Avis Budget Group) terminated renewal negotiations. The suit seeks to represent investors who purchased or otherwise acquired Verra common stock between February 24, 2026 and May 26, 2026.

The firm encourages Verra investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge of events surrounding Verra's receipt of Avis' termination notice who may be able to assist the investigation to contact its attorneys.

View our latest video summary of the allegations: youtu.be/FVEw5XACoGA

Class Period: Feb. 24, 2026 – May 26, 2026
Lead Plaintiff Deadline: Aug. 4, 2026
Visit: www.hbsslaw.com/investor-fraud/vrrm
Contact the Firm Now: [email protected]
                                        844-916-0895

Verra Mobility Corporation (VRRM) Securities Class Action:

The complaint alleges Verra made false and misleading statements and did not disclose important information to investors about the true state of the Verra/Avis relationship and the likelihood of Verra receiving an Avis contract renewal.

Investors' expectations were dashed when the truth was revealed on May 26, 2026. That day, Verra disclosed that it received a termination notice effective September 2026 from Avis regarding the companies' contract, that it is taking immediate actions to cut costs, adapt operations, and reposition its business, and revised its 2026 outlook that significantly deviated from that given just twenty days prior.

Verra also revealed that it was reviewing the parties' negotiations and handling of confidential information.

The news promptly sent the price of Verra shares 70% crashing lower on May 27, 2026, amputating $1.4 billion from the company's market capitalization in a single day.

Five days after the bombshell announcements, on May 31, 2026, CEO Roberts departed from his employment and from the board of directors.

"Our investigation is focused on the extent to which and when Verra and its executives knew that renegotiations with Avis were far from constructive, as the May 26 surprise reveals," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in Verra and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now.

If you'd like more information and answers to other frequently asked questions about the Verra case and the firm's investigation, read more.

Whistleblowers: Persons with non-public information regarding Verra should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

SOURCE Hagens Berman Sobol Shapiro LLP

LOS ANGELES, June 19, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Verra Mobility Corporation (“Verra” or “the Company”) (NASDAQ: VRRM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between February 24, 2026, and May 26, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before August 4, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Verra misled investors about its growth prospects. The Company downplayed the risk of major customers in the rental car industry replacing its services with in-house solutions. The Company concealed the fact that its relationship with Avis Budget Group, which represented 10% of its revenue, was at significant risk of falling apart. The Company finally revealed that Avis Budget Group terminated its relationship on May 26, 2026. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Verra, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.        

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE:

The Schall Law Firm

Shareholders who lost money in Verra Mobility Corporation (NASDAQ: VRRM) Should Contact Wolf Haldenstein Immediately PR Newswir

Credo Technologies NASDAQ: CRDO is accelerating AI, and the impact is reflected in its stock price. The company’s pioneering work in zero-flap connectivity isn’t yet the standard but is quickly becoming the go-to solution for hyperscalers, enterprises, and AI factories.

Credo Technology Group Today

CRDO

Credo Technology Group

$271.83 0.00 (0.00%)

As of 06/18/2026 04:00 PM Eastern

52-Week Range$81.72▼

$274.90P/E Ratio109.61

Price Target$248.41

Utilizing digital and optical solutions, embedding them into unified hardware, and complementing it with advanced Active Electric Cables and the software to support it all, Credo connects not only the GPUs within the servers and the servers and racks within the data center rooms, but the rooms of server racks and buildings of rooms, resolving a crippling issue for the industry. Flaps.

Get Credo Technology Group alerts:

Flaps are when optical connections drop and reconnect. It’s not a new problem, but one with wide-ranging implications for AI.

Working at lightning-fast speeds, 800G to 1.6T, connectivity is critical. It takes 10’s of thousands of GPUs to train advanced models; a single flap can throw the system out of sync, leading to idle components, inefficient use, and waste. Controlling waste is critical, as AI is expensive. Zero-flap technology has been proven to use 50% less power than standard optics in data center clusters and to save up to $1,000 in upfront hardware costs. Additionally, AECs provide 10X greater reliability and 10X to 20X greater lifespan, so it’s easy to see why they are in high demand.

Credo Technologies Uptrend Gains StrengthCredo Technologies' stock price was in the midst of an uptrend earlier this year, suggesting a textbook trend-following entry point in late March. Centered on a MACD convergence, rising trading volume, and the fundamental story, the signal resulted in a massive upside; now, additional upside is indicated. MACD has converged yet again with the fresh highs, alongside improving trading volume, reflecting a market not only in an uptrend but also as strong as it's ever been and getting stronger.

In this scenario, CRDO’s stock price may correct, and the correction could be significant due to the magnitude of previous price swings. Still, such a correction would present a buying opportunity. As it stands, price action as of mid-June reflects potential for a peak, but the selling has yet to gain traction. The critical near-term support level is near $240, but a move to $215 or even lower is possible.

Credo Technology Group Holding Ltd. (CRDO) Price Chart for Saturday, June, 20, 2026

Analysts' trends are a factor in the stock price outlook. While consensus assumes the market is fairly valued as Q2 2026 nears its end, the trends are positive, including increasing coverage, firming sentiment, and an uptrend in price targets. The consensus of 18 analysts tracked by MarketBeat is a Moderate Buy, with an 89% Buy-side bias; coverage is nearly double on a trailing 12-month basis (TTM), and the price target is up nearly 3x year-over-year, with the high end pegged at $300. A move to $300 would be sufficient to set another all-time high.

Institutional trends also factor into the stock price rally, as they own 80% of the stock and have been aggressively accumulating. MarketBeat data reflects a $2-to-$1 pace on a TTM basis, with activity ramping into Q1 2026. The Q1 balance is far more aggressive, ramping to over $3 bought for each $1 sold, and held strong into Q2. Although the net amount of institutional activity fell, the balance remains bullish at a $2.2-to-$1 pace, sufficient to limit downside risk as the quarter progresses.

Credo Has Catalysts to Drive Price Action This YearCredo’s most visible stock price catalyst is its upcoming fiscal Q1 2027 earnings release, scheduled for early September. Consensus forecasts another triple-digit revenue gain, and outperformance is likely. Nearly 80% of revenue and earnings revisions have been upward, forecasting results in the high-end range. More importantly, this company is already profitable and expected to experience margin improvement linked to revenue leverage. Consensus pegs earnings per share growth will come in over 120%, about 1,200 basis points higher than revenue growth.

Reasons to believe Credo Technologies will outperform its estimates, potentially exceeding the high end of the range, include surging demand for GPUs and AI capacity, new product/revenue engines, and exceptional margins. Scaling revenue resulted in significant improvements in prior quarters and is likely to have continued into fiscal Q4. Other catalysts include results or news from hyperscalers affirming that the data center outlook continues to grow.

The biggest risks are customer concentration and valuation; however, customers include major hyperscalers that continue to ramp up AI spending, and the valuation reflects growth. In this light, Credo is shifting from an emerging-tech story to an execution story, and the company appears to be executing well.

Should You Invest $1,000 in Credo Technology Group Right Now?Before you consider Credo Technology Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Credo Technology Group wasn't on the list.

While Credo Technology Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.

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Issues raised included limited transparency of shareholding structures and indications of coordinated trading that undermined proper pricing, MSCI said.

The Zacks Building Products – Wood industry continues to face a tough operating environment. Elevated construction costs, the risk of project delays and ongoing affordability challenges are weighing on housing demand. Concerns around tariffs are adding pressure to global trade flows. Higher tariffs on Canadian lumber imports and lower import volumes from certain overseas suppliers are tightening the available supply. At the same time, spending on home repair and remodeling has eased from pandemic highs as higher mortgage rates strain household budgets. With homeownership becoming less accessible, demand conditions remain subdued for industry participants.

That said, underlying demand for essential replacements, home upgrades and the modernization of aging housing stock remains intact. Increased investments in infrastructure, along with rising focus on carbon and ESG-related projects, are providing some support. While high mortgage rates and cautious consumer spending continue to pose risks, disciplined cost control, product innovation and strategic acquisitions are expected to aid companies such as Weyerhaeuser Company (WY - Free Report) , Trex Company, Inc. (TREX - Free Report) and Worthington Enterprises, Inc. (WOR - Free Report) .

Industry Description The Zacks Building Products – Wood industry includes forest product companies and manufacturers of lumber as well as other wood products used in home construction, repair and remodeling, along with the development of outdoor structures. Companies in the industry design, manufacture, source and sell flooring products like tile, wood, laminate, vinyl and natural stone flooring products, as well as decorative and installation accessories. The industry players are also involved in the manufacturing and distribution of wood and plastic composite products, along with related accessories, mainly for residential decking and railing applications. The industry also includes timberland real estate investment trusts, or REITs.

4 Trends Shaping the Future of Building Products - Wood Industry High Rates, Trade Policy and Tariffs: The industry’s prospects are highly correlated with the U.S. housing and the R&R market (considered one of the largest in terms of lumber demand) conditions. The U.S. housing market remained constrained by elevated interest rates and subdued consumer confidence. Buyer urgency was low in both new and existing home markets, and large public builders continued to use rate buydowns to stimulate demand. Economic uncertainty and ongoing weakness in home sales and building material sales are limiting residential remodeling.

Meanwhile, the reimplementation of tariffs on Canadian softwood lumber by President Trump in 2025 presents significant implications for the U.S. wood industry. In January 2026, President Trump’s decision to delay higher tariffs on furniture, kitchen cabinets and vanities until Jan. 1, 2027 offers only limited relief and underscores the ongoing uncertainty weighing on the U.S. wood industry. Although the White House imposed a 25% tariff on these products in October 2025, steeper increases — to 30% for furniture and 50% for cabinets and vanities — were postponed for one year. Keeping the tariff at 25% through at least 2027 does little to ease cost pressures for domestic wood producers, who continue to face demand volatility, cautious consumer spending and disrupted pricing dynamics across downstream housing and renovation markets.

Rapid Lumber Market Swings: Historically, volatility in lumber prices has been a major concern for the wood industry. Any unusual rise in the cost of lumber products sold by primary producers increases the cost of inventory and limits margins on fixed-priced lumber products. Yet, a decline in costs eats into profits as products sold are indexed to the current lumber market. Meanwhile, the timberland business is governed by federal rules and state forestry commissions, which are subject to frequent changes, affecting businesses. Due to the very nature of their properties, timberland REITs are required to follow eco-friendly mandates in their trade.

Higher Spending on Infrastructure & Carbon/ESG Projects: The potential rate cuts are poised to increase affordability, stimulate residential activity and set the stage for growth in the wood industry. Additionally, government initiatives such as the Infrastructure Investment and Jobs Act and the Inflation Reduction Act are expected to boost infrastructure spending. This emphasis on modernization and clean energy is anticipated to drive growth for companies within the wood sector.

Acquisitions, Product Innovation & Efficient Cost-Reduction Strategies: The companies also bank on acquisitions and divestitures to expand and improve portfolio quality. New products continue to be an important top-line driver for the industry players. Also, efforts to introduce products are likely to have helped the players. Again, in a bid to reduce costs, companies have been reducing the cost structure of their facilities through the sale or shutdown of underperforming units and manufacturing facilities, as well as investments in technology. Also, the industry players have been focusing on operational excellence, comprising merchandising for value, harvest, and transportation efficiencies and boosting harvest to capture seasonal and short-term opportunities.

Zacks Industry Rank Indicates Dull Prospects The Zacks Building Products – Wood industry is a nine-stock group within the broader Construction sector. The Zacks Wood industry currently carries a Zacks Industry Rank #206, which places it in the bottom 17% of more than 250 Zacks industries.

The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bleak near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

The industry’s positioning in the bottom 50% of the Zacks-ranked industries is a result of a lower earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually losing confidence in this group’s earnings growth potential. Since March 2026, the industry’s earnings estimates for 2026 have decreased to $1.99 per share from $2.03.

Despite the industry’s blurred near-term view, we will present a few stocks that one may consider adding to their portfolio. Before that, it’s worth taking a look at the industry’s shareholder returns and current valuation.

Industry Lags Sector, S&P 500 The Zacks Building Products – Wood industry has underperformed the broader Zacks Construction sector and the Zacks S&P 500 Composite over the past year.

Over this period, the industry has gained 10% compared with the broader sector’s 24.6% rise. The Zacks S&P 500 Composite has gained 28.2% over this period.

One-Year Price Performance

Industry's Current Valuation On the basis of the forward 12-month price-to-earnings ratio, which is a commonly used multiple for valuing wood stocks, the industry trades at 27.2 compared with the S&P 500’s 21.34 and the sector’s 21.73.

Over the last five years, the industry has traded as high as 29.47X, as low as 10.18X and at a median of 18.62X, as the chart below shows.

Industry’s P/E Ratio (Forward 12-Month) Versus S&P 500

Industry’s P/E Ratio (Forward 12-Month) Versus Sector

3 Wood Stocks to Keep an Eye On We have highlighted three stocks from the industry that have been capitalizing on fundamental strengths.

Worthington: Headquartered in Columbus, OH, Worthington is an industrial manufacturing company. The company is benefiting from a combination of product innovation, operational improvements and strategic acquisitions. Also, rising demand for its ASME water tanks used in liquid-cooled data centers, with management highlighting a rapidly expanding pipeline and expecting multi-year growth as AI-driven data center construction accelerates, is encouraging. Worthington is also expanding market share through new product launches, higher production capacity and acquisitions such as LSI, which strengthens its engineered building systems portfolio. At the same time, the Worthington Business System, AI-enabled process improvements and automation are helping improve efficiency, support margin expansion and drive sustainable organic growth.

Worthington — a Zacks Rank #3 (Hold) company — has gained 3.4% over the past year. The Zacks Consensus Estimate for WOR’s fiscal 2026 and 2027 earnings per share (EPS) calls for 11.1% and 14.8% growth, respectively. Worthington’s earnings surpassed the consensus mark in two of the last four reported quarters and missed on two occasions, with the average being 6.4%. It also has a VGM Score of B. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Price and Consensus: WOR

Weyerhaeuser: A major private timberland owner, Weyerhaeuser was founded in Washington in 1900. Weyerhaeuser is strengthening its long-term growth outlook through product innovation, strategic investments and expansion across higher-value businesses. The company expects strong demand for its newly introduced AeroStrand and ProPanel products, while the Monticello Engineered Wood Products facility is set to expand TimberStrand production and support future growth. Weyerhaeuser is also widening its distribution footprint to penetrate underserved markets and increase proprietary product sales. Beyond wood products, the company sees continued growth from its Strategic Land Solutions and Climate Solutions businesses, supported by steady real estate demand and an expanding renewable energy pipeline. Over the longer term, favorable housing demographics and an underbuilt U.S. housing market remain important demand drivers.

Weyerhaeuser — a Zacks Rank #3 company — has lost 6.4% over the past year. The company has seen an upward estimate revision for 2026 earnings to 32 cents from 26 cents per share over the past 60 days. The Zacks Consensus Estimate for its 2026 EPS implies 60% year-over-year growth. Weyerhaeuser’s earnings surpassed the consensus mark in all the last four reported quarters, with the average being 102.9%.

Price and Consensus: WY

Trex: Based in Winchester, VA, Trex produces composite decking and railing products. Trex is positioning itself for sustained long-term growth by strengthening its market leadership through innovation, capacity expansion and deeper customer engagement. The company sees a significant opportunity to accelerate the conversion from traditional wood decking, which still represents about 75% of the market, to low-maintenance composite products. Increased investments in marketing, contractor lead generation and brand awareness are expected to support market-share gains. Trex is also advancing a strong innovation pipeline with category-defining product launches planned between 2027 and 2030. Additional growth drivers include expanded retail shelf space, entry into the PVC decking market, plans to double the railing business within five years and the new Arkansas manufacturing facility, which provides ample capacity for future expansion while supporting stronger free cash flow.

Trex — a Zacks Rank #3 company — has lost 10.4% over the past year. Yet, the company has seen an upward estimate revision for 2026 earnings to $1.68 from $1.63 per share over the past 60 days, depicting analysts’ optimism over the company’s prospects. Trex’s earnings surpassed the consensus mark in three of the last four reported quarters and missed on one occasion, with the average being 127.4%.

Price and Consensus: TREX

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. MSC Industrial (MSM - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.

MSC Industrial is one of 181 companies in the Industrial Products group. The Industrial Products group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. MSC Industrial is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for MSM's full-year earnings has moved 1.7% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, MSM has returned 37% so far this year. In comparison, Industrial Products companies have returned an average of 19.2%. As we can see, MSC Industrial is performing better than its sector in the calendar year.

Another Industrial Products stock, which has outperformed the sector so far this year, is Proto Labs (PRLB - Free Report) . The stock has returned 57.3% year-to-date.

Over the past three months, Proto Labs' consensus EPS estimate for the current year has increased 12.3%. The stock currently has a Zacks Rank #1 (Strong Buy).

Breaking things down more, MSC Industrial is a member of the Industrial Services industry, which includes 16 individual companies and currently sits at #195 in the Zacks Industry Rank. Stocks in this group have gained about 8.1% so far this year, so MSM is performing better this group in terms of year-to-date returns.

On the other hand, Proto Labs belongs to the Rubber - Plastics industry. This 3-stock industry is currently ranked #110. The industry has moved +52.6% year to date.

Going forward, investors interested in Industrial Products stocks should continue to pay close attention to MSC Industrial and Proto Labs as they could maintain their solid performance.

NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Calix, Inc. (“Calix” or the “Company”) (NYSE: CALX) investors of the July 27, 2026 deadline involving a securities fraud class action lawsuit commenced against the Company.

Should You Join The Calix Class Action Lawsuit:

Do you, or did you, own shares of Calix, Inc. (NYSE: CALX)?Did you sell your shares between January 28, 2026 and April 21, 2026, inclusive?Did you lose money in your investment in Calix? Investors are encouraged to act promptly and submit a form at Calix, Inc. Shareholder Class Action Lawsuit or contact Jeffrey McEachern at (877) 779-1414 or [email protected].

If you wish to serve as lead plaintiff for the Class, you must file papers by July 27, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About The Lawsuit:

A lawsuit was filed on behalf of investors (the “Class”) who purchased or acquired the securities of Calix between January 28, 2026 and April 21, 2026, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers.

The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, Calix securities traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses.

About Bernstein Liebhard:

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.

ATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information:

Jeffrey McEachern
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]

NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Calix, Inc. (NYSE: CALX) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Calix securities between January 28, 2026 and April 21, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/CALX.

Calix Case Details

The Complaint alleges that throughout the Class Period, defendants failed to disclose to investors:

(1)the Company’s first quarter margins had significantly benefited from advanced purchasing of memory components;(2)that the Company’s advanced supply of memory components was dwindling;(3)that, as a result, the Company was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and(4)that, as a result of the foregoing, Defendants’ positive statements about the Company’s margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
What's Next for Calix Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/CALX. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Calix you have until July 27, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Calix Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Calix Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

Attorney advertising.
Prior results do not guarantee similar outcomes.

, /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Calix, Inc. ("Calix" or the "Company") (NYSE: CALX).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CALIX, INC. (CALX), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE JULY 27, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Is The Lawsuit About?
The complaint filed alleges that, between January 28, 2026 and April 21, 2026, Defendants failed to disclose to investors: (1) the Company's first quarter margins had significantly benefited from advanced purchasing of memory components; (2) that the Company's advanced supply of memory components was dwindling; (3) that, as a result, the Company was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected],
Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com

SOURCE Law Offices of Howard G. Smith

-

Following the successful launch of secure, agentic workflows on the AI-native Calix One platform for its 1,200 customers in May 2026, Newsweek—along with Fortune, Glassdoor, and Comparably—recognizes Calix for a culture of innovation that enables customers to transform their operations and accelerate experiences to compete and win in any market

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Calix, Inc. (NYSE: CALX) announced it has received 4.5 out of 5 stars in Newsweek’s annual “Greatest Workplaces in Tech” list, which ranks companies based on leadership, fair compensation, and work-life balance—with particular consideration made of teams who incorporate responsible use of AI to support rather than supplant their employees. Calix also ranked last year on the Newsweek list, earning 4 out of 5 stars.

“Our focus is on empowering our people with AI, not replacing them. When every employee applies safe, secure, and empowering AI to their daily work, it becomes a force multiplier for how we execute and serve our customers," said John Durocher, Calix COO.

ShareThis recognition adds to the growing list of culture and leadership honors Calix has earned from Fortune, Glassdoor, and Comparably, reflecting the company’s commitment to transformational innovation under the leadership of CEO Michael Weening, a 2024 and 2025 Comparably Top CEO, and Chief Product Officer Shane Eleniak, a recipient of the Global CPO Top 20 Award.

The Calix culture has turned 15 years and more than $2 billion in investment into the AI-native Calix One™ platform, which supports its customers by running more than 4.3 billion workflows and operations annually and ingesting more than a petabyte of data daily. Calix One enables service providers of all sizes to improve subscriber experience, reduce call center churn, and grow revenue—while lowering operating costs. The latest advancements for the platform, launched in May, allow providers to orchestrate agentic workflows that result in breakthrough gains in subscriber loyalty, operational efficiency, and revenue.

Within the company, Calix is operationalizing secure agentic AI by embedding it into everyday work. With approximately 98 percent employee adoption of Microsoft Copilot, more than 400 employee-built enterprise agents, and over 20,000 monthly interactions, AI is supporting real workflows across the business—accelerating execution, surfacing insights, reducing manual analysis, and driving an estimated $37 million in annual productivity gains.

John Durocher, chief operations officer at Calix, said: “Our focus is on empowering our people with AI, not replacing them. When every employee applies safe, secure, and empowering AI to their daily work, it becomes a force multiplier for how we execute and serve our customers. That is how we turn human potential into real business outcomes.”

The Newsweek honor is the latest in a number of 2026 culture-based awards for Calix:

Best Companies to Work For® (Fortune, No. 85/100)Best Workplaces in Technology (Fortune, No. 21/100)Best Companies to Work For® in the Bay Area (Fortune, No. 18/100)Best Workplaces for Parents (Fortune, No. 67/100)Best Companies in Tech & AI (Glassdoor, No. 22/25)Best Places to Work (Glassdoor, No. 88/100)Best Company Outlook (Comparably, No. 1/100)Best Companies for Diversity (Comparably, No. 9/100)Best Leadership Teams (Comparably, No. 10/50)Best Companies for Women (Comparably, No. 14/100)Best Companies for Career Growth (Comparably, No. 20/50)Best HR Teams (Comparably, No. 4/25)Best Engineering Teams (Comparably, No. 7/25)Best Sales Teams (Comparably, No. 8/25)Top Rated Sales Orgs at Public Companies (Reppy Award)Best Workplaces with Most Trusted Executive Team (Great Place To Work Canada)Best Marketing Teams (Comparably, No. 3/25)Michael Weening, president and chief executive officer at Calix, said: “We started investing in agentic AI in November 2023—building on more than 26 years of trusted customer partnerships and our deep understanding of their workflows—to enable every customer to make the most of the AI opportunity and empower their teams, subscribers, and the communities they serve. Supported by our platform and partnership with Google Cloud, customers like ALLO, CentraNet, RTC, and Tombigbee have launched agentic workflows that are safe and secure and that empower team members—with early success in optimizing onboarding and troubleshooting. The Newsweek honor and awards from Fortune and Comparably are a testament to our teams’ trusted partnerships with customers. They signal a bright future ahead as we continue our AI journey safely, securely, and with human empowerment front and center, together.”

Learn more about Calix One and the company’s award-winning culture.

About Calix

Calix, Inc. (NYSE: CALX) is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.

Through the AI-native Calix One platform, service providers can securely and privately activate agentic AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.

Calix innovation cycles are underpinned by a strong financial balance sheet and a people-first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026. This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.

Calix and the Calix logo are trademarks or registered trademarks of Calix and/or its affiliates in the U.S. and other countries. A listing of Calix’s trademarks can be found at https://www.calix.com/legal/trademarks.html. Third-party trademarks mentioned are the property of their respective owners.

More News From Calix, Inc.

Back to Newsroom

Important Information Regarding Section 20(a) Individual Liability Claims Against Calix CEO and CFO Who Allegedly Concealed Exhaustion of Low-Cost Memory Supply While Touting Record Margins

, /PRNewswire/ -- Two senior executives of Calix, Inc. (NYSE: CALX) are named as individual defendants in a securities class action alleging they personally controlled the dissemination of materially misleading statements about the Company's gross margins during the period from January 28, 2026 through April 21, 2026. Find out if you qualify to recover losses or contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.

When the truth emerged on April 21, 2026, CALX shares fell $6.93 per share, a decline of 13.98%, closing at $42.65 the following day on unusually heavy volume. The Court has set July 27, 2026 as the deadline to apply for lead plaintiff appointment.

The Named Individual Defendants

The complaint identifies the following officers as individually liable:

Michael Weening, Chief Executive Officer at all relevant times, who possessed the power and authority to control the contents of SEC filings, press releases, and presentations to analysts and institutional investors Cory Sindelar, Chief Financial Officer at all relevant times, who oversaw financial reporting and participated in earnings communications where the concealed "advanced purchasing" strategy was eventually disclosed Both defendants are alleged to have had access to material non-public information regarding the Company's dwindling supply of lower-cost memory components and the imminent margin pressure that information implied.

Section 20(a) Control Person Framework

The action asserts claims under Section 20(a) of the Securities Exchange Act of 1934, which imposes liability on individuals who "controlled" the entity that violated federal securities laws. The complaint contends that by virtue of their high-level positions, both Weening and Sindelar:

Had direct supervisory involvement in day-to-day operations Influenced and controlled the content of SEC filings and press releases issued during the Class Period Were provided with or had unlimited access to Company reports and public statements prior to issuance Had the ability to prevent misleading statements or cause them to be corrected Were privy to internal data reflecting the true state of the Company's memory component supply and cost trajectory Sarbanes-Oxley Certification Obligations

Under Sections 302 and 906 of the Sarbanes-Oxley Act, both the CEO and CFO personally certified the accuracy of the Company's Form 10-K for the period ended December 31, 2025, filed on February 20, 2026. The complaint alleges these certifications were made while the Company's advanced supply of memory components was already dwindling, meaning the record 58% non-GAAP gross margin figure reported for Q4 2025 was sustained by a temporary procurement advantage that defendants knew was nearing exhaustion.

"Corporate officers have a duty to ensure their companies' public statements are accurate and complete. When executives certify financial reports under Sarbanes-Oxley, they assume personal responsibility for the information those filings contain and what they omit." -- Joseph E. Levi, Esq.

Speak with an attorney about your options or call (888) SueWallSt.

About SueWallSt

SueWallSt -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered.

Frequently Asked Questions About the CALX Lawsuit

Q: Who are the defendants named in the CALX lawsuit? A: The complaint names Calix, Inc. and individual defendants CEO Michael Weening and CFO Cory Sindelar, who signed SEC filings and made or controlled public statements during the Class Period.

Q: What is the CALX lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is July 27, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What if I already sold my CALX shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the Class Period and sold at a loss may still participate.

Q: How do I know if I lost enough money to be the lead plaintiff? A: There is no minimum loss threshold. Courts appoint the investor with the largest provable loss who is willing and able to represent the class adequately. Contact SueWallSt before July 27, 2026 to evaluate.

Q: What documents do I need to make a claim? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

CONTACT:

SueWallSt
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171

SOURCE SueWallSt.com

Today, [url="]Calix, Inc.[/url] (NYSE: CALX) announced it has received 4.5 out of 5 stars in Newsweek's annual [url="]“Greatest Workplaces in Tech” list[/ur

NEW YORK, June 18, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Calix, Inc. (NYSE: CALX) between January 28, 2026 and April 21, 2026, inclusive (the “Class Period”), of the important July 27, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Calix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Calix class action, go to https://rosenlegal.com/cases/calix-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Calix's first quarter margins had significantly benefited from advanced purchasing of memory components; (2) Calix's advanced supply of memory components was dwindling; (3) as a result, Calix was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and (4) as a result of the foregoing, defendants' positive statements about Calix's margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Calix class action, go to https://rosenlegal.com/cases/calix-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

New York, New York--(Newsfile Corp. - June 19, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Calix, Inc. (NYSE: CALX) between January 28, 2026 and April 21, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Calix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Calix class action, go to https://rosenlegal.com/cases/calix-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Calix's first quarter margins had significantly benefited from advanced purchasing of memory components; (2) Calix's advanced supply of memory components was dwindling; (3) as a result, Calix was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and (4) as a result of the foregoing, defendants' positive statements about Calix's margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Calix class action, go to https://rosenlegal.com/cases/calix-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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Attorney Advertising. Prior results do not guarantee a similar outcome.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302178

Source: The Rosen Law Firm PA

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