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Kirby McInerney LLP said it is investigating potential claims against EquipmentShare, Inc. (NASDAQ: EQPT). The investigation focuses on whether the company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices.
On March 18, 2026, after the market closed, EquipmentShare reported financial results that, according to the firm, revealed the magnitude and impact of costs associated with the company’s OWN Program. The OWN Program involves selling rental equipment to third-party buyers who then lease the equipment back to EquipmentShare for management on its rental platform. The firm also cited expansion activities related to margins and profitability.
On March 19, 2026, after the market closed, EquipmentShare filed its annual report on Form 10-K for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission. The filing provided additional detail regarding the company’s cost structure, including the significance of the OWN Program and its impact on results of operations and margins.
Following this news, the price of EquipmentShare shares declined by $2.74 per share, or approximately 11.2%. Shares fell from $24.54 on March 18, 2026 to close at $21.80 on March 20, 2026.
Kirby McInerney LLP said that, at this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.
The firm stated that investors who purchased or otherwise acquired EquipmentShare securities, or who have information related to the matter, may contact Lauren Molinaro of Kirby McInerney LLP at investigations@kmllp.com.
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