Deadline Alert: Pentair plc (PNR) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
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LOS ANGELES, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming October 2, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Pentair plc ("Pentair" or the "Company") (NYSE: PNR ) securities between March 11, 2025 and July 14, 2026 inclusive (the "Class Period"). IF YOU SUFFERED A LOSS ON YOUR PENTAIR PLC INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS. What Happened? On July 14, 2026, after the market closed, Pentair released its preliminary second quarter 2026 financial results, disclosing that "the [C]ompany estimates that the destocking of inventory in the Pool channel negatively impacted Pool segment sales by approximately $170 million and Pool segment income by approximately $105 million. " As a result, second quarter 2026 sales were expected to be "down 17 percent versus the prior guide of approximately 1 percent" and full year 2026 "[s]ales are expected to be down approximately 4 percent to 7 percent versus prior guide of up 2 percent to 4 percent[.]" The Company also announced the departure of its Chief Financial Officer, effective immediately. On this news, Pentair's stock price fell $11.35, or 15%, to close at $64.33 per share on July 15, 2026, on unusually...
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