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.