Berger Montague Announces Class Action Against Power Solutions International Over Alleged Securities Fraud
Law firm Berger Montague has filed a class action lawsuit against Power Solutions International (NASDAQ: PSIX) for alleged securities fraud, citing misleading statements about its ability to meet data center demand and manufacturing inefficiencies. The company's stock dropped 19% in November 2025 after disclosing margin declines due to production issues, followed by another drop of nearly 30% on March 2, 2026.
Tickers: $PSIX
Topics: data center market securities fraud stock price decline