Shares of goeasy Ltd. (GSY.TO) are falling about 17 percent on Wednesday morning trading after Siskinds LLP, a Canadian securities class action firm, announced an investigation of a potential class action on behalf of investors.
The company's stock is currently trading at C$41.05, down 17.20 percent, over the previous close of C$49.72 on the Toronto Exchange. It has traded between C$42.51 and C$216.50 in the past one year.
The investigation comes as goeasy announced on Tuesday that it expected to incur an incremental charge-off in the fourth quarter 2025 of approximately $178 million against gross consumer loans and a related write-down of approximately $55 million for loan interest and fees.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.