Research Reports

Summary

On February 10, 2026, a shareholder filed a lawsuit against Presurance Holdings, Inc., its CEO, directors, and Clarkston 91 West alleging breaches of fiduciary duties regarding sales of Series B and C Preferred Stock in 2025. The Company stated it intends to vigorously defend the matter.

Key takeaways

James Petcoff filed a complaint on February 10, 2026 against the Company and others.
Defendants include current and former directors, the CEO, and Clarkston 91 West.
The lawsuit alleges breaches of fiduciary duties and Michigan law.
Disputed transactions include sales of Series B Preferred Stock and Warrants in February and March 2025.
A sale of Series C Preferred Stock to a Clarkston 91 affiliate in December 2025 is also challenged.
The Company intends to vigorously defend the matter.