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Power Solutions Faces Securities Class Action Over Data-Center Claims

Investors have until May 19 to seek the lead role that directs the case.

Overview

  • A class action was filed against Power Solutions International and certain officers over alleged false statements to investors.
  • The case covers people who bought PSIX shares from May 8, 2025 through March 2, 2026.
  • The complaints say the company overstated data center sales prospects and downplayed the cost and inefficiencies of ramping factory capacity.
  • Robbins LLP points to the March 2 financial update and a 28.97% share drop on March 3 as the moment investors learned the claimed facts.
  • No class has been certified, so investors are not represented unless they hire counsel or a class is later approved.