Tennant Company (NYSE: TNC) is being investigated by Lowey Dannenberg over potential violations of Federal Securities Laws

Category: Markets

Published: 2026-06-30T14:47:00.000Z

Lowey Dannenberg is investigating Tennant Company (NYSE: TNC) for potential federal securities law violations. The company revealed in February 2026 that its ERP system rollout caused severe operational disruptions, resulting in $30 million in lost sales and requiring $20 million in remediation costs. This contradicted prior investor assurances that the project was on track. The disclosure triggered a 23% stock price decline from $82.30 to $63.02 per share.

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