Stracon Group Faces $26.8 Million Lawsuit Amid Merger Dispute

Reuters01-26

Stracon Group Faces $26.8 Million Lawsuit Amid Merger Dispute

Stracon Group Holding Inc. is currently contesting a legal application filed by SLC Holdings Inc. with the Ontario Securities Commission. SLC has requested a halt in trading of Stracon's shares, alleging that, under Peruvian law, Stracon Peru is not part of the company and that Stracon does not own certain former subsidiaries. Stracon has rejected these claims, stating that the merger between Stracon and Stracon Peru became fully effective on November 1, 2025, with all assets and liabilities transferred to the company’s Peruvian branch according to both Canadian and Peruvian law. Additionally, SLC has initiated litigation in Peru seeking damages of $26.8 million, but Stracon maintains that these legal actions are without merit and that there is no legal mechanism in Peru for SLC to reverse the merger. Stracon plans to contest SLC’s application with the Canadian regulator.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stracon Group Holding Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 281501) on January 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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SLC has requested a halt in trading of Stracon's shares, alleging that, under Peruvian law, Stracon Peru is not part of the company and that Stracon does not own certain former subsidiaries. Stracon has rejected these claims, stating that the merger between Stracon and Stracon Peru became fully effective on November 1, 2025, with all assets and liabilities transferred to the company’s Peruvian branch according to both Canadian and Peruvian law. Additionally, SLC has initiated litigation in Peru seeking damages of $26.8 million, but Stracon maintains that these legal actions are without merit and that there is no legal mechanism in Peru for SLC to reverse the merger. 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