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Power Solutions International, Inc. (NASDAQ: PSIX)

Case Details

Join The Class Action

This lawsuit is for anyone who acquired securities in Power Solutions International, Inc. (NASDAQ: PSIX) from May 8, 2025 through March 2, 2026.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by understating the expected costs and financial impact to the Company of enhancing the Company’s manufacturing capacity and capabilities to capitalize on data center demand.

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. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on March 2, 2026, after the market closed, Power Solutions issued a press release announcing fourth quarter and full year 2025 financial results, revealing that year over year, net income declined 31%, and gross margin declined 8% due to “operating inefficiencies related to [the Company’s] accelerated production ramp-up for data center product lines.” Further, the Company provided its outlook for 2026, including only “moderate margin improvement from the products serving data center markets.” On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Power Solutions International, Inc. (NASDAQ: PSIX) from May 8, 2025 through March 2, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.