The lawsuit, filed by the Rosen Law Firm, claims that Pentair’s public statements during the class period were materially misleading. Plaintiffs allege the company failed to disclose that destocking in the pool channel negatively impacted both sales and operating income. When these details reached the market, the value of the securities allegedly declined, causing financial harm to shareholders.

Those who purchased PNR securities during this timeframe may participate in the case without upfront out-of-pocket costs through a contingency fee arrangement. While investors have until October 2, 2026, to move the court to serve as lead plaintiff, they are not required to do so to participate in a potential future recovery. No class has been certified yet, meaning investors remain unrepresented by the firm unless they formally retain counsel.