EQPT Shareholder Alert: EquipmentShare.com Inc. Securities Class Action Lawsuit - Investors With Losses May Contact Levi & Korsinsky

Important Information Regarding Section 20(a) Individual Liability Claims. The securities action alleges that senior EquipmentShare executives exercised control over SEC filings and related-party disclosures while investors allegedly suffered a $8.44 per-share decline.

NEW YORK, Sept. 2, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP alerts investors in EquipmentShare.com Inc. (NASDAQ: EQPT) that a class action has been filed on behalf of shareholders who purchased securities between January 23, 2026 and June 23, 2026. Find out if you may qualify to recover losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

Class members allegedly faced a $8.44 per-share decline, or more than 34.5%, from the IPO price after allegations concerning undisclosed related-party transactions became public. To be considered for lead plaintiff, investors must file by September 21, 2026.

CEO CFO Securities Liability Section 20(a) Control Person Allegations

The complaint names Jabbok Schlacks, EquipmentShare's Chief Executive Officer, Co-Founder, and Director, and David Marquardt, its Chief Financial Officer and Chief Accounting Officer, as individual defendants. The pleading asserts that, because of their senior roles, they had authority over the Company's SEC reports, IPO Registration Statement, press releases, and financial disclosures.

The action alleges that EquipmentShare's disclosures failed to fully describe related-party dealings involving founder-affiliated entities, including transactions tied to the OWN Program and T3 platform.

The Named Individual Defendants

According to the complaint, Jabbok Schlacks signed or authorized the signing of the IPO Registration Statement. David Marquardt is likewise alleged to have signed or authorized the signing of the Registration Statement and to have held responsibility for accounting and financial reporting.

The lawsuit further contends that the Company's public filings stated related-party transactions would be terminated or substantially reduced before the offering, while additional undisclosed dealings allegedly continued.

Alleged Control Person Liability

• The complaint asserts claims under Section 20(a) of the Securities Exchange Act against senior officers alleged to have controlled EquipmentShare's public statements.
• The action also asserts Securities Act control claims tied to the January 2026 IPO materials.
• The alleged disclosure failures concern related-party transactions involving entities affiliated with the Company's founders.
• The complaint points to the Registration Statement, Form 10-K, and related public statements as materials allegedly affected by the omissions.

Executive Accountability and Investor Harm

The securities action alleges that investors bought EQPT securities while the market lacked complete information about the scope of related-party involvement. It is alleged that the later report concerning at least $77 million in founder-affiliated transaction benefits contributed to the sharp decline in share value.

"Corporate officers have a duty to ensure their companies' public statements are accurate and complete. Here, the complaint alleges that senior executives controlled disclosures about related-party transactions that were central to investor understanding of EquipmentShare's IPO and financial statements." -- Joseph E. Levi, Esq.

Submit your information here or call (212) 363-7500.

Levi & Korsinsky, LLP is a nationally recognized shareholder rights firm. Over the past 20 years, the firm has secured hundreds of millions of dollars for aggrieved shareholders. Ranked in ISS Top 50 for seven consecutive years.

Frequently Asked Questions About the EQPT Lawsuit

Q: What specific misstatements does the EQPT lawsuit allege? A: The complaint alleges EquipmentShare made materially false or misleading statements regarding related-party transactions, the OWN Program, and the extent of founder-affiliated entity involvement during the Class Period.

Q: When did EquipmentShare allegedly mislead investors? A: The Class Period runs from January 23, 2026 to June 23, 2026. The complaint alleges that disclosures concerning related-party transactions and financial statements were materially incomplete during that period.

Q: Who are the defendants named in the EQPT lawsuit? A: The complaint names EquipmentShare and individual defendants including senior executives who allegedly signed SEC filings, made public statements, or had authority over financial disclosures, as well as additional parties tied to the IPO.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the class. Lead plaintiffs are typically investors with significant documented losses and provide oversight of the litigation on behalf of the class.

Q: What documents are useful for evaluating an EQPT loss? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices are typically useful.

Q: What if I already sold my EQPT shares, can I still seek compensation? A: Yes. Eligibility is generally based on when shares were purchased and whether losses were suffered, not whether the investor still holds the shares.

Q: Do I need to go to court or give testimony? A: No. Most class members do not appear in court or give testimony. If there is a settlement or recovery, eligible class members generally submit a claim form.

Q: What does it cost me to participate? A: There is no upfront cost to contact the firm. Securities class actions are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

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SOURCE Levi & Korsinsky, LLP