Block & Leviton said it is investigating Tennant Company for potential securities law violations after the company’s shares fell more than 20% on Feb. 24, 2026. The drop followed a quarterly earnings miss and weaker-than-expected 2026 guidance, with Tennant citing operational disruptions tied to an enterprise resource planning system transition that hurt production, margins and volumes. The firm encouraged investors who lost money in Tennant stock to contact it about potentially recovering losses and said it may file an action on behalf of affected shareholders.
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