The complaint filed against the NYSE-listed company asserts that Graphic Packaging violated the Securities Exchange Act of 1934 by issuing false and misleading statements to the market. According to the allegations, the firm struggled with significant inventory management failures, rising costs, and a cooling demand for its products. Rather than disclosing these headwinds, leadership purportedly downplayed the severity of the situation to maintain the appearance of a robust business model.

These omissions allegedly led to material damages for shareholders once the true state of the company's financial performance became public. Brian Schall of the Los Angeles-based firm is currently gathering claimants ahead of the July 6, 2026, deadline. As the class has not yet been certified, affected investors retain the option to participate in the litigation or remain absent class members, though they are not currently represented by counsel.