A securities class action has been filed against Power Solutions International, Inc. (PSIX) on behalf of persons and entities that purchased or otherwise acquired Power Solutions securities between May 8, 2025 through March 2, 2026. This case has been filed in the USDC – NDIL.
On November 6, 2025, Power Solutions released its third quarter 2025 financial results, revealing “the Company anticipates … sales growth of 45% for 2025 compared to 2024” despite seeing sales growth of 62% in the third quarter and 74% in the second quarter.
Following this news, Power Solutions’ stock price fell over 19% on November 7, 2025.
The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) the Company overstated its ability to capture sales demand for its power systems solutions, particularly within the data center market; (2) the Company understated the impact of its enhancements to manufacturing capacity to meet demand within the data center market, including the expected costs and the nature of the related “inefficiencies”; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.