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Class action lawsuit filed against TruGolf over alleged stock dilution and misstatements, deadline Sept 28, 2026.

Market News
29 Jul 2026
Accesswire
View Source
Bearish
pluang ai news

A securities class action lawsuit has been filed against TruGolf Holdings, Inc. and certain officers for allegedly misleading investors about ongoing dilution of Class A shares and misrepresenting the company's capital structure between Sept 10, 2025 and May 20, 2026. The complaint claims TruGolf overstated shares, failed to disclose conversion terms of preferred stock, and hid risks that led to a 98% drop in stock price. Investors who bought TruGolf stock during this period have until Sept 28, 2026, to seek lead plaintiff status and join the case. This lawsuit could impact shareholder recovery and corporate governance at TruGolf.

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