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Embecta Corp. (EMBC) Faces Securities Class Action for Allegedly Concealing Competitive Threats to Pen Needle Business -- HBSS

$EMBCPress releaseJul 20, 2026, 10:31 AM ETRead the release

Hagens Berman announced a securities class action lawsuit against Embecta, alleging the company concealed competitive threats to its pen needle business. The complaint cites a discrepancy between prior assurances of business stability and the subsequent Q2 report, where adjusted EPS fell to $0.27 and full-year guidance was slashed by roughly 43% to $1.55-$1.75. Investors who purchased shares between Nov. 25, 2025, and May 4, 2026, are encouraged to contact the firm before the Aug.

Key figures

Eps
0.27
Guidance
$1.55 - $1.75
Dividend cut to
$0.01
Previous guidance
$2.80 - $3.00

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