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LEAD PLAINTIFF DEADLINE TODAY: EquipmentShare.com (EQPT) Investors Should Contact Block & Leviton LLP

Newsfile Corp21/09/202614:18 ET
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Boston, Massachusetts--(Newsfile Corp. - September 21, 2026) - Block & Leviton reminds investors that a securities fraud lawsuit has been filed against EquipmentShare.com Inc (NASDAQ: EQPT) and certain of its executives. Investors who have lost money in their EquipmentShare.com Inc investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/eqpt.

According to the complaint, EquipmentShare.com completed its January 2026 IPO at $24.50 per share after telling investors in its offering materials that it expected to terminate or substantially reduce transactions with entities tied to its founders, brothers Jabbok and Willy Schlacks, and that there were no other related-party dealings beyond those disclosed. The complaint alleges those statements were false and misleading because the founder-related transactions were never wound down and additional undisclosed founder-controlled entities continued to feed the company's equipment sale-leaseback program — including sales the company reported had not occurred. The alleged self-dealing came to light on June 24, 2026, when a short-seller report described undisclosed related-party transactions that had netted founder-affiliated entities at least $77 million. Over the following two trading sessions, EquipmentShare's stock fell roughly 17.55% to close at $19.69 per share, and later traded as low as $16.06 — about 34.5% below the IPO price — causing losses for investors.

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