{"success":true,"data":{"pressRelease":{"id":"155476","rtpr_id":"nGNX6Rg1b5-20260929","ticker":"PNR","exchange":"NYSE","all_tickers":["PNR","PNT"],"title":"Portnoy Law Firm Announces Class Action on Behalf of Pentair plc Investors","author":"Globe Newswire","published_at":"2026-09-29T13:00:04.232Z","article_body":"LOS ANGELES, Sept. 29, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm\n(https://www.globenewswire.com/Tracker?data=LDPKMrVEX4xXzjghAezm4h8VATxNZq89Wd5mx2Yh9XylY6l1uPGlyJvxf7XkctLyx-qfmWNXeuXohId5XqiB90xhnsDWFqLvKruZ_EaORAvAvPVXgLPV_pr5rcpt5N2X)\nadvises Pentair plc, (“Pentair” or the \"Company\") (NYSE: PNR) investors\nof a class action on behalf of investors that bought securities between Apr.\n28, 2026 – July 14, 2026, inclusive (the “Class Period”). Pentair\ninvestors have until October 2, 2026 to file a lead plaintiff motion.\n\nInvestors are encouraged to contact attorney Lesley F. Portnoy\n(https://www.globenewswire.com/Tracker?data=gueeFFB9k86dnr-jw_uI2eHzSjEbz7r5JgjuqharODfvnAX7sdlEeGZ31ggCksVm-0SU_nWkrAc2I8boFiMbHln2flBIIL9Zs1jKNQbXhpE=), by\nphone 310-692-8883 or email\n(https://www.globenewswire.com/Tracker?data=86aofITECGqkktqPiHhVIsxwBSmyDz98r6iwMm_yXu-5cN8bI7MUXSLJNM1x6iyX1MeydmK7VhCaLsWgf3Vx0n3EJIpvEUzrai-kQyR5Jmk=):\nlesley@portnoylaw.com, to discuss their legal rights, or join the case via\nhttps://portnoylaw.com/pentair-plc. The Portnoy Law Firm can provide a\ncomplimentary case evaluation and discuss investors’ options for pursuing\nclaims to recover their losses.\n\nPentair provides various water solutions, such as filtration, water supply\npumps, and fluid treatment products.  It has three reportable segments: Flow,\nWater Solutions, and Pool.  In fiscal 2025, the Pool segment accounted for\nabout 37% of net sales and 46% of reportable income.\n\nThe Pentair class action lawsuit alleges that defendants throughout the\nClass Period made false and/or misleading statements and/or failed to disclose\nthat: (i) there was significant destocking of inventory in the Pool channel;\n(ii) as a result, Pentair’s sales and operating income were adversely\naffected; and (iii) as a result of the foregoing, defendants’ positive\nstatements about Pentair’s business, operations, and prospects were\nmaterially misleading and/or lacked a reasonable basis.\n\nOn July 14, 2026, after the market closed, Pentair released its preliminary\nsecond quarter 2026 financial results, allegedly disclosing that Pentair\n“estimates that the destocking of inventory in the Pool channel negatively\nimpacted Pool segment sales by approximately $170 million and Pool segment\nincome by approximately $105 million.”  The Pentair class action lawsuit\nfurther alleges that as a result of the foregoing, second quarter 2026 sales\nwere expected to be “down 17 percent versus the previous guide of up\napproximately 1 percent” and full year 2026 “[s]ales are expected to be\ndown approximately 4 percent to 7 percent versus previous guide of up 2\npercent to 4 percent.”  Pentair also allegedly announced the departure of\nits Chief Financial Officer, effective immediately.  On this news, the price\nof Pentair stock fell 15%, according to the complaint.\n\nThe Portnoy Law Firm represents investors in pursuing claims caused by\ncorporate wrongdoing. The Firm’s founding partner has recovered over $5.5\nbillion for aggrieved investors. Attorney advertising. Prior results do not\nguarantee similar outcomes.\n\nLesley F. Portnoy, Esq.\nAdmitted CA, NY and TX Bar\nlesley@portnoylaw.com\n310-692-8883\nwww.portnoylaw.com\n\nAttorney Advertising\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/ea0dd9c0-6e41-4d5a-ad27-b277677af6df)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX6Rg1b5-20260929","title":"Portnoy Law Firm Announces Class Action on Behalf of Pentair plc Investors","author":"Globe Newswire","ticker":"PNR","created":"2026-09-29T13:00:04.232Z","tickers":["PNR","PNT"],"exchange":"NYSE","article_body":"LOS ANGELES, Sept. 29, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm\n(https://www.globenewswire.com/Tracker?data=LDPKMrVEX4xXzjghAezm4h8VATxNZq89Wd5mx2Yh9XylY6l1uPGlyJvxf7XkctLyx-qfmWNXeuXohId5XqiB90xhnsDWFqLvKruZ_EaORAvAvPVXgLPV_pr5rcpt5N2X)\nadvises Pentair plc, (“Pentair” or the \"Company\") (NYSE: PNR) investors\nof a class action on behalf of investors that bought securities between Apr.\n28, 2026 – July 14, 2026, inclusive (the “Class Period”). Pentair\ninvestors have until October 2, 2026 to file a lead plaintiff motion.\n\nInvestors are encouraged to contact attorney Lesley F. Portnoy\n(https://www.globenewswire.com/Tracker?data=gueeFFB9k86dnr-jw_uI2eHzSjEbz7r5JgjuqharODfvnAX7sdlEeGZ31ggCksVm-0SU_nWkrAc2I8boFiMbHln2flBIIL9Zs1jKNQbXhpE=), by\nphone 310-692-8883 or email\n(https://www.globenewswire.com/Tracker?data=86aofITECGqkktqPiHhVIsxwBSmyDz98r6iwMm_yXu-5cN8bI7MUXSLJNM1x6iyX1MeydmK7VhCaLsWgf3Vx0n3EJIpvEUzrai-kQyR5Jmk=):\nlesley@portnoylaw.com, to discuss their legal rights, or join the case via\nhttps://portnoylaw.com/pentair-plc. The Portnoy Law Firm can provide a\ncomplimentary case evaluation and discuss investors’ options for pursuing\nclaims to recover their losses.\n\nPentair provides various water solutions, such as filtration, water supply\npumps, and fluid treatment products.  It has three reportable segments: Flow,\nWater Solutions, and Pool.  In fiscal 2025, the Pool segment accounted for\nabout 37% of net sales and 46% of reportable income.\n\nThe Pentair class action lawsuit alleges that defendants throughout the\nClass Period made false and/or misleading statements and/or failed to disclose\nthat: (i) there was significant destocking of inventory in the Pool channel;\n(ii) as a result, Pentair’s sales and operating income were adversely\naffected; and (iii) as a result of the foregoing, defendants’ positive\nstatements about Pentair’s business, operations, and prospects were\nmaterially misleading and/or lacked a reasonable basis.\n\nOn July 14, 2026, after the market closed, Pentair released its preliminary\nsecond quarter 2026 financial results, allegedly disclosing that Pentair\n“estimates that the destocking of inventory in the Pool channel negatively\nimpacted Pool segment sales by approximately $170 million and Pool segment\nincome by approximately $105 million.”  The Pentair class action lawsuit\nfurther alleges that as a result of the foregoing, second quarter 2026 sales\nwere expected to be “down 17 percent versus the previous guide of up\napproximately 1 percent” and full year 2026 “[s]ales are expected to be\ndown approximately 4 percent to 7 percent versus previous guide of up 2\npercent to 4 percent.”  Pentair also allegedly announced the departure of\nits Chief Financial Officer, effective immediately.  On this news, the price\nof Pentair stock fell 15%, according to the complaint.\n\nThe Portnoy Law Firm represents investors in pursuing claims caused by\ncorporate wrongdoing. The Firm’s founding partner has recovered over $5.5\nbillion for aggrieved investors. Attorney advertising. Prior results do not\nguarantee similar outcomes.\n\nLesley F. Portnoy, Esq.\nAdmitted CA, NY and TX Bar\nlesley@portnoylaw.com\n310-692-8883\nwww.portnoylaw.com\n\nAttorney Advertising\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/ea0dd9c0-6e41-4d5a-ad27-b277677af6df)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-29T13:00:04.31662908Z","server_sent_at_ms":1790686804316},"received_at":"2026-09-29T13:00:04.367Z","source_url":null},"analysis":{"id":"144205","press_release_id":"155476","analysis_json":{"industry":{"label":"Machinery","sector":"Industrials"},"redFlags":["Pending securities class action over Pool-channel destocking disclosures","CFO departure announced effective immediately alongside guidance cut","FY2026 sales guidance cut to down 4-7% from up 2-4%"],"eventType":"legal_litigation","narrative":"The Portnoy Law Firm announced a class action against Pentair plc covering investors who bought securities between April 28, 2026 and July 14, 2026, with a lead plaintiff deadline of October 2, 2026.\n\nThe suit alleges Pentair misled investors about Pool-channel inventory destocking that reportedly cut Q2 Pool segment sales by roughly $170 million and income by $105 million, with Q2 sales guided down 17% versus a prior guide of up ~1%.\n\nThe complaint also references the CFO's immediate departure and a 15% stock decline after the July 14 disclosure. This release is law-firm solicitation, not new issuer disclosure.","sentiment":"bearish","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress; underlying guidance cut already priced."},"keyFigures":{"customDimensions":{"stock_drop":"15%","pool_sales_impact":"$170 million","pool_income_impact":"$105 million"}},"namedEntities":{"people":[{"name":"Lesley F. Portnoy","role":"founding partner / attorney, Portnoy Law Firm"}],"products":[],"companies":[{"name":"Pentair plc","ticker":"PNR","relationship":"target of class action"},{"name":"Portnoy Law Firm","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$170 million","context":"alleged Pool segment sales impact from inventory destocking"},{"amount":"$105 million","context":"alleged Pool segment income impact from inventory destocking"},{"amount":"$5.5 billion","context":"law firm's claimed lifetime recoveries"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm class-action solicitation issued by the Portnoy Law Firm, not an issuer disclosure. Underlying allegations reference a prior, already-disclosed July 14 guidance cut and CFO departure; no new certified class or settlement is announced."},"tickerRelevance":{"others":[],"primary":"PNR"},"globalImportance":15,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"large-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"underlyingEventSeverity":"material prior guidance cut and CFO exit already public"}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"bearish","material_impact_score":1,"narrative":"The Portnoy Law Firm announced a class action against Pentair plc covering investors who bought securities between April 28, 2026 and July 14, 2026, with a lead plaintiff deadline of October 2, 2026.\n\nThe suit alleges Pentair misled investors about Pool-channel inventory destocking that reportedly cut Q2 Pool segment sales by roughly $170 million and income by $105 million, with Q2 sales guided down 17% versus a prior guide of up ~1%.\n\nThe complaint also references the CFO's immediate departure and a 15% stock decline after the July 14 disclosure. This release is law-firm solicitation, not new issuer disclosure.","key_figures":{"customDimensions":{"stock_drop":"15%","pool_sales_impact":"$170 million","pool_income_impact":"$105 million"}},"named_entities":{"people":[{"name":"Lesley F. Portnoy","role":"founding partner / attorney, Portnoy Law Firm"}],"products":[],"companies":[{"name":"Pentair plc","ticker":"PNR","relationship":"target of class action"},{"name":"Portnoy Law Firm","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$170 million","context":"alleged Pool segment sales impact from inventory destocking"},{"amount":"$105 million","context":"alleged Pool segment income impact from inventory destocking"},{"amount":"$5.5 billion","context":"law firm's claimed lifetime recoveries"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-29T13:00:25.783Z","global_importance":15,"audience_relevance":20,"importance_components":{"tickerTier":"large-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"underlyingEventSeverity":"material prior guidance cut and CFO exit already public"}},"durationMs":5791,"modelName":"glm-5.3-flashx"}}