SAN DIEGO, April  06, 2026  (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Turning Point Brands, Inc. (NYSE:TPB). The investigation focuses on Turning Point Brands&#39;

Turning Point Brands, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

Investigation Launched into Turning Point Brands' Executive Actions and Investor Losses

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>SAN DIEGO, April  06, 2026  (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Turning Point Brands, Inc. (NYSE:TPB). The investigation focuses on Turning Point Brands&amp;#39;</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Johnson Fistel has launched an investigation into Turning Point Brands due to potential non-compliance with federal securities laws following disappointing earnings results. The company&#039;s guidance reveals a decline in EBITDA, creating uncertainty around future performance and investor confidence.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Johnson Fistel investigates investor claims against Turning Point Brands (TPB).</li><li>Company&#039;s earnings report shows potential compliance issues with federal laws.</li><li>TPB&#039;s guidance indicates declining adjusted EBITDA despite revenue growth.</li><li>Investors may face losses amid executive scrutiny and legal proceedings.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Turning Point Brands, Inc. (TPB)</strong>: Facing legal scrutiny that could affect stock performance and investor confidence.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This falls under Corporate Developments, as it involves potential legal implications and governance issues likely to influence TPB&#039;s stock metrics in the coming periods.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Investigations may lead to potential legal liabilities for TPB affecting its stock price.</li><li>TPB&#039;s declining EBITDA guidance could hurt investor sentiment and market confidence.</li><li>Ongoing scrutiny may impact executive leadership decisions, altering future company strategy.</li><li>Investor lawsuits might lead to compensation claims that affect TPB&#039;s cash flow.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>TPB&#039;s Q4 2025 EBITDA guidance is $24 million to $27 million.</li><li>This guidance is down from approximately $30 million in the previous quarter.</li><li>The investigation focuses on the compliance with federal securities laws.</li><li>TPB acknowledged challenges in improving margins for its Modern Oral business.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>TPB may face short-term pressure due to legal investigations, suggesting a bearish outlook.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>SAN DIEGO, April  06, 2026  (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Turning Point Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/TPB">TPB</a>). The investigation focuses on Turning Point Brands' executive officers and whether investor losses may be recovered under federal securities laws.</p>  <p><strong>What if I purchased Turning Point Brands securities?</strong><br></br>If you purchased Turning Point Brands securities and suffered losses on your investment, join our investigation now: <a href="https://www.globenewswire.com/Tracker?data=l0KDuWoO11PzJYjHYKOX7oyE4Q88q52UkHkXvLsvTRxsE9KOsdPUKIbk-Ss_wb2e6Q1m0EY0wCP-ZoGUa0HwTEegkSwVLPkOU-5NGv1IeMYnO8a-dwzTUkJyS4S4IKPOuuuyyzeHqoiEcBGgEDqVRbxarUNDZno3UfVCopJLYAmyXjFPyo0m1zIuGiqbYDWB" rel="nofollow" target="_blank">Click here to join the investigation</a>.<br></br>Or for more information, contact Jim Baker at <a href="mailto:jimb@johnsonfistel.com">jimb@johnsonfistel.com</a> or (619) 814-4471.<br></br>There is no cost or obligation to you.</p>  <p><strong>Background of the investigation</strong><br></br>On March 2, 2026, Turning Point Brands reported its fourth quarter and full year 2025 financial results and held an earnings call. During these disclosures, the Company acknowledged that investment related to its Modern Oral nicotine pouch business was "front-loaded" and "somewhat lumpy," and further indicated that "it's going to take a while" for margins to improve.</p>  <p>The Company also provided guidance for the first quarter of 2026, including adjusted EBITDA of approximately $24 million to $27 million, representing a decline compared to approximately $30 million reported in the prior quarter, despite continued revenue growth in the business.</p>  <p>In light of these disclosures, Johnson Fistel is investigating whether Turning Point Brands complied with the federal securities laws. If you suffered losses from your investment in Turning Point Brands stock, contact Johnson Fistel.</p>  <p><strong>About Johnson Fistel, PLLP &#x7C; Securities Fraud &amp; Investor Rights</strong><br></br>Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits and also assists foreign investors who purchased shares on U.S. exchanges. To learn more, visit <a href="https://www.globenewswire.com/Tracker?data=v8-3GPEhdMvG-e-juuKuvekzEY1NmB48tY-OMUSnwhwCEmlwQyntXFuCadbjC3VN-32UdRh06Bn7BdX_dA31KqDT-BRIfSt1IecQYXV7lso=" rel="nofollow" target="_blank">www.johnsonfistel.com</a>.</p>  <p><strong>Achievements</strong><br></br>In 2024, Johnson Fistel was ranked among the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services, reflecting the firm's effectiveness in advocating for investors and recovering approximately $90,725,000 for clients in cases where it served as lead or co-lead counsel.</p>  <p>Attorney advertising.<br></br>Past results do not guarantee future outcomes.<br></br>Services may be performed by attorneys in any of our offices.<br></br>Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.</p>  <p><strong>Contact</strong><br></br>Johnson Fistel, PLLP<br></br>501 W. Broadway, Suite 800<br></br>San Diego, CA 92101<br></br>James Baker, Investor Relations – or – Frank J. Johnson, Esq.<br></br>(619) 814-4471 &#x7C; <a href="mailto:jimb@johnsonfistel.com">jimb@johnsonfistel.com</a> &#x7C; <a href="mailto:fjohnson@johnsonfistel.com">fjohnson@johnsonfistel.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY4NDUxMSM3NTE5MDAwIzIxODE3ODk="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/NTIwOTNjOWUtMGFhMy00NjAxLWE1YWEtNjY5OGMwMzliYWY0LTExOTMzNTgtMjAyNi0wNC0wNi1lbg==/tiny/Johnson-Fistel-PLLP.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/bb2e6cf6-9d53-4d2e-a5d2-759cdd3b516c"><img src="https://ml.globenewswire.com/media/bb2e6cf6-9d53-4d2e-a5d2-759cdd3b516c/small/johnson-fistel-jpg.jpg" border="0" width="150" height="150" alt="Primary Logo"></img></a></p>

Johnson Fistel has launched an investigation into Turning Point Brands due to potential non-compliance with federal securities laws following disappointing earnings results. The company's guidance reveals a decline in EBITDA, creating uncertainty around future performance and investor confidence.

Turning Point Brands, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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