Lawsuit Alert: Investors who lost money with shares of EquipmentShare.com Inc. (NASDAQ: EQPT) should contact the Shareholders Foundation

An investor, who purchased shares of EquipmentShare.com Inc. (NASDAQ: EQPT), filed a lawsuit over alleged violations of Federal Securities Laws by EquipmentShare.com Inc. in connection with certain allegedly false and misleading statements.

Investors who purchased shares of EquipmentShare.com Inc. (NASDAQ: EQPT) have certain options and for certain investors are short and strict deadlines running. Deadline: September 21, 2026. NASDAQ: EQPT investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

EquipmentShare.com Inc sold 30.5 million shares of Class A common stock at a price of $24.50 per share in its initial public offering (January 2026 IPO)

EquipmentShare.com Inc. (NASDAQ: EQPT) reported that its annual Total Revenue rose from $3.76 billion in 2024 to $4.38 billion in 2025, and that its Net Income increased from $3 million in 2024 to $40 million in 2025.

On June 24, 2026, before the market opened, Umibōzu Research published a report alleging, among other things, that "undisclosed related-party transactions . . . have netted" entities affiliated with EquipmentShare.com founders "at least $77 million, with the true figure potentially running substantially higher." The report allegedly states that EquipmentShare.com maintains a high-net-worth individuals and family-office channel "built around three undisclosed entities - EZ Equipment Zone ('EZ'), Bevel Financial ('Bevel'), and Armada Fleet Management ('Armada')." According to the complaint, the report further details how EquipmentShare.com uses its OWN program to funnel significant fees and other payments to these related parties, and explains that a "web of 130 Schlacks-affiliated entities" "have further enabled [this] rampant self dealing." The Umibōzu Research report allegedly concludes that "a key reason OWN exists is to enrich the Schlacks, with interviews and corporate filings indicating they own and manage Bevel and Armada."

Shares of EquipmentShare.com Inc. (NASDAQ: EQPT) declined from $35.50 per share on January 29, 2026, to as low as $15.99 per share on July 20, 2026.

The plaintiff claims that between in connection with the company's initial public offering in January 2026 and/or between January 23, 2026 and June 23, 2026, the defendants made false and/or misleading statements and/or failed to disclose that EquipmentShare.com participated in additional undisclosed related party transactions; and that EquipmentShare.com had not terminated or substantially reduce a number of the transactions with entities owned or controlled by the co-founders.

Those who purchased shares of EquipmentShare.com Inc. (NASDAQ: EQPT) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.