A short seller says EquipmentShare's founders quietly ran a network of undisclosed related entities that pulled at least $77 million out of the company after an IPO that promised the opposite. The stock lost more than a third of its value. The lawsuits started the next week.
Between November 2025 and February 2026, Eos Energy told investors its automated battery production line was scaling toward a $150 million year. The line was running at more than triple acceptable downtime. A securities class action now asks who knew, and when.
By Mark Tell · Apr 29
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