Shares of Ralliant fell over 30% in trading on February 5, after the company reported Q4 and FY25 results that included a $1.4 billion non-cash goodwill impairment recorded in its Test & Measurement segment related to its EA Elektro-Automatik acquisition. The company stated that the impairment reflected revised long-term expectations for the EA business and a “reduction in industry forecasts of future EV adoption.” This disclosure follows earlier public statements by company executives describing confidence in EA Elektro-Automatik’s long-term prospects despite demand headwinds. Block & Leviton is investigating Ralliant's disclosures about the acquisition.
Contact our attorneys for a no-cost case evaluation.