Goeasy Ltd.

TORONTO, March 20, 2026 /PRNewswire/ -- Berger Montague (Canada) PC, a Toronto-based law firm that focuses on representing investors in cross-border and international shareholder disputes, represents investors in a shareholder class action against Goeasy Ltd. (TSX: GSY) and (USOTC: EHMEF), "Goeasy"; CUSIP: 380355, ISIN: CA3803551074); Dodds v. Goeasy Ltd., et al., CV-26-0005488-00CP.

On March 10, 2026, Goeasy announced a charge off in Q4 2025 of approximately $178M relating to its Lendcare business against gross consumer loans receivable of $5.5B as at December 31, 2025, and a related write down of approximately $55M for loan interest and fees. Goeasy also reported that total net charge offs in the quarter were expected to be approximately $331M, and that it expects a net increase in allowance for credit losses on gross consumer loans receivable in the quarter of approximately $86M compared to the amount reported as at September 30, 2025. Accordingly, Goeasy advised that it would be withdrawing its previously issued Q4 2025 outlook and three-year forecast. 

Moreover, Goeasy announced that it would need to correct the historical reporting practices of its LendCare business going back to 2024 because certain customer payments were being recorded as received while they were in fact in the process of being settled at month end – some of which were ultimately not collected – impacting Goeasy's reported delinquencies.

The market's impact was harsh and immediate, sending Goeasy's share price from $115.55 down to $49.72. Goeasy's credit rating was also downgraded.

Our clients' dedicated webpage with registration portal is found at https://bergermontague.com/cases/goeasy-ltd-gsy/.

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PHILADELPHIA, March 12, 2026 /CNW/ -- National plaintiffs' law firm Berger Montague PC announces that it is investigating potential claims against goeasy Ltd. (OTC: EHMEF) ("goeasy" or the "Company") on behalf of investors who purchased or acquired goeasy shares during the period of May 7, 2024 through March 9, 2026.

If you are a goeasy investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015, or Caitlin Adorni at cadorni@bergermontague.com or (267)764-4865.

Headquartered in Mississauga, Ontario, Canada, goeasy describes itself as one of Canada's leading non-prime consumer lenders, offering a full suite of leasing and lending products to the non-prime consumer.

The investigation relates to goeasy's announcement on March 10, 2026, that it expected to incur an incremental charge-off in Q4 2025 of approximately $178 million (CAD) relating to its Lendcare business against gross consumer loans receivable of $5.5 billion (CAD) as at December 31, 2025, as well as a related write-down of approximately $55 million (CAD) for loan interest and fees.

The Company further disclosed that it anticipates total net charge-offs (including the incremental charge-off referenced above) of approximately $331 million (CAD) in the quarter. Accordingly, the Company is withdrawing its previously issued Q4 2025 outlook and three-year forecast.

In response to these disclosures, the price of goeasy shares (OTC: EHMEF) declined precipitously, from a closing price of $84.44 per share on March 9, 2026 to a close of $36.67 – a decline of $47.77, or more than 56%, in a single trading session.

About Berger Montague

Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.

For more information or to discuss your rights, please contact:

Andrew Abramowitz

Berger Montague

(215) 875-3015

aabramowitz@bergermontague.com 

Caitlin Adorni

Berger Montague

(267) 764-4865

cadorni@bergermontague.com 

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