{"id":949719,"date":"2026-04-08T06:14:22","date_gmt":"2026-04-08T10:14:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/"},"modified":"2026-04-08T06:14:22","modified_gmt":"2026-04-08T10:14:22","slug":"tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/","title":{"rendered":"TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law"},"content":{"rendered":"<h2>\nBFA Law is investigating Tennant Company after its stock plummeted 23% due to issues with its ERP system, potentially violating federal securities laws<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>NEW YORK, April  08, 2026  (GLOBE NEWSWIRE) &#8212; Leading securities law firm <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8dkSyfxUb9n33dasD7KNIy4I1OnEzH6WdcRQJO65BFgPuxvTy9hO_LFeN4vjGXGJMttfIsHNaaw6yJX68tCOwHFDKIzU4crwMusgbFxCT76oamYNn7f971WaymNGxtdEw-FLHARh3y4oXNYqlxjJQ-nP0LW8TxrRbKrZq6U5J14=\" rel=\"nofollow\" target=\"_blank\"><strong>Bleichmar Fonti &amp; Auld LLP<\/strong><\/a> announces an investigation into Tennant Company (NYSE:TNC) for potential violations of the federal securities laws.<\/p>\n<p>If you invested in Tennant, you are encouraged to obtain additional information by visiting: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WLbGnpwG72LDzemmc0HBPJKgprbZcAaUd8tvmouSpluNRemtfBiA7rGaXnEnK_WgItEKTUn2wiHy5gRTiLBk9qw-pVwC3iQv3gkZFz9bBfeCKcvTDYOJHhbAbs_rkKLcDRyuTXV3qR-vGZIgTX-LwiSgNcCJpdpRo7OGtGYoRd5yGwKvv21nWpUQFW7ZIdmMKv9T4Yd9DZAYBjgfaimlkQ==\" rel=\"nofollow\" target=\"_blank\"><strong>https:\/\/www.bfalaw.com\/cases\/tennant-company-class-action-lawsuit<\/strong><\/a><strong>.<\/strong><\/p>\n<p>\n        <strong>Key Details of the Tennant ($TNC) Class Action Investigation:<\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li>\n          <strong>Investigation Overview: <\/strong>Securities fraud related to Tennant\u2019s implementation and rollout of its new, company-wide enterprise resource planning (\u201cERP\u201d) system<\/li>\n<li style=\"margin-bottom:12pt\">\n          <strong>Stock Decline: <\/strong>February 24, 2026 \u2013 23.4% Stock Drop<\/li>\n<li style=\"margin-bottom:12pt\">\n          <strong>Action: <\/strong>Contact <a href=\"https:\/\/www.bfalaw.com\/cases\/tennant-company-class-action-lawsuit\" rel=\"nofollow\" target=\"_blank\">BFA Law<\/a> to discuss your rights<\/p>\n<\/li>\n<\/ul>\n<p>\n        <strong>Why is Tennant Being Investigated for Securities Fraud? <\/strong>\n      <\/p>\n<p>Tennant manufactures industrial cleaning equipment, including large mechanical floor scrubbers and sweepers used in warehouses, retail stores, and other commercial facilities.<\/p>\n<p>BFA is investigating whether Tennant made false and misleading statements to investors regarding the implementation and rollout of a large-scale ERP system. For instance, Tennant assured investors the project was \u201cprogressing as we\u2019ve anticipated,\u201d was \u201con time and on budget,\u201d and that the launch of the ERP in its Asia-Pacific region had been \u201csuccessful,\u201d with Tennant stating it had \u201cmitigated disruptions and stabilized operations.\u201d<\/p>\n<p>\n        <strong>Why did Tennant\u2019s Stock Drop?<\/strong><\/p>\n<p>On February 24, 2026, Tennant revealed that the rollout of its new ERP system in North America caused severe operational disruptions, including that it was unable to process and ship customer orders following the launch of the system. As a result, Tennant lost roughly $30 million in sales and would need to spend more than $20 million in 2026 to remediate the issues, compared to roughly $5 million the company had planned to spend.<\/p>\n<p>This news caused the price of Tennant stock to drop $19.28 per share, more than 23%, from a closing price of $82.30 per share on February 23, 2026, to $63.02 per share on February 24, 2026.<\/p>\n<p>\n        <strong>Click here for more information: <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WLbGnpwG72LDzemmc0HBPJKgprbZcAaUd8tvmouSpluNRemtfBiA7rGaXnEnK_WgItEKTUn2wiHy5gRTiLBk9uzB41kZFaQCFYe3tQd8ZjNc39NtpEUJtzewWMtoRiMm7g_icRHvHv94P1GH4D1o3ucQEwscx4JY8EIQSA425wvTmFZn_gc1OtssVauxASbwT6Af7GGn-a4C7ax7H-tLbg==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/www.bfalaw.com\/cases\/tennant-company-class-action-lawsuit<\/strong><br \/>\n        <\/a><br \/>\n        <strong>.<\/strong>\n      <\/p>\n<p>\n        <strong>What Can You Do?<\/strong>\n      <\/p>\n<p>If you invested in Tennant, you may have legal options and are encouraged to submit your information to the firm.<\/p>\n<p>All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.<\/p>\n<p>\n        <strong>Submit your information by visiting:<\/strong>\n      <\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WLbGnpwG72LDzemmc0HBPJKgprbZcAaUd8tvmouSpluNRemtfBiA7rGaXnEnK_WgItEKTUn2wiHy5gRTiLBk9lbgdY0WK_uk7RjxwuXHUDoaeJD7xqsTBLi6cNlT8CvxmjlDUHL3UJA8KywFzetOT0BgrLWcEqs7B26n3ZTOfTAydgX3CE8uwWv8GxnPWm10mNncQzCIQlmZ5tNIWg6fiA==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/www.bfalaw.com\/cases\/tennant-company-class-action-lawsuit<\/strong><br \/>\n        <\/a>\n      <\/p>\n<p>Or contact:<br \/>Adam McCall<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=AvQQ-z73Fu8xGm34x-CJ_mVnR9YLHxB0wXWyahezKOYgeArOCkqEF2eTOzYtOtd8lbNSAqoNw8Nf9fs5zPaav9iYK5Y7ZP2Xw0Qs4Z_E4NU=\" rel=\"nofollow\" target=\"_blank\">adam@bfalaw.com<\/a><br \/>212.789.3619<\/p>\n<p>\n        <strong>Why Bleichmar Fonti &amp; Auld LLP?<\/strong>\n      <\/p>\n<p>BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by <em>Chambers USA<\/em>, <em>The Legal 500<\/em>, and <em>ISS SCAS<\/em>, and its attorneys have been named \u201cElite Trial Lawyers\u201d by the <em>National Law Journal<\/em>, \u201cLitigation Stars\u201d by <em>Benchmark Litigation<\/em>, among the top \u201c500 Leading Plaintiff Financial Lawyers\u201d by <em>Lawdragon<\/em>, \u201cTitans of the Plaintiffs\u2019 Bar\u201d by <em>Law360<\/em> and \u201cSuperLawyers\u201d by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.\u2019s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.<\/p>\n<p>For more information about BFA and its attorneys, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WLbGnpwG72LDzemmc0HBPJKgprbZcAaUd8tvmouSpluufJb4N4F2INtgvxiBarfBAmCTfWm5Ns2ueZ3VlfrnbmbxHQxWJsT7RjT4_wmP8vE=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.bfalaw.com<\/a>.<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WLbGnpwG72LDzemmc0HBPJKgprbZcAaUd8tvmouSpluNRemtfBiA7rGaXnEnK_WgItEKTUn2wiHy5gRTiLBk9ir3Px-rFEr2KQl4a2qMtKKujEdDRKJ8_Yp-DyTt-gGSia9ohq8pJ5_hMLk-s-5yclUNwujVu-AR1-G3alB97Q9aY9vqu5RmIcAmBFCVAFwCIlanfd3OgaipbiheyD9uUg==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/www.bfalaw.com\/cases\/tennant-company-class-action-lawsuit<\/strong><br \/>\n        <\/a>\n      <\/p>\n<p>\n        <em>Attorney advertising. Past results do not guarantee future outcomes.<\/em>\n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTUzOCM3NTIzNzI4IzIyOTA5OTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/M2NmZWQ5ZTQtZTVjMy00MWQ5LWE0N2UtNWVhNmMzZjg2NTJlLTEzMDI1NDUtMjAyNi0wNC0wOC1lbg==\/tiny\/Bleichmar-Fonti-Auld.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BFA Law is investigating Tennant Company after its stock plummeted 23% due to issues with its ERP system, potentially violating federal securities laws NEW YORK, April 08, 2026 (GLOBE NEWSWIRE) &#8212; Leading securities law firm Bleichmar Fonti &amp; Auld LLP announces an investigation into Tennant Company (NYSE:TNC) for potential violations of the federal securities laws. If you invested in Tennant, you are encouraged to obtain additional information by visiting: https:\/\/www.bfalaw.com\/cases\/tennant-company-class-action-lawsuit. Key Details of the Tennant ($TNC) Class Action Investigation: Investigation Overview: Securities fraud related to Tennant\u2019s implementation and rollout of its new, company-wide enterprise resource planning (\u201cERP\u201d) system Stock Decline: February 24, 2026 \u2013 23.4% Stock Drop Action: Contact BFA Law to discuss your rights Why is Tennant Being Investigated &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-949719","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BFA Law is investigating Tennant Company after its stock plummeted 23% due to issues with its ERP system, potentially violating federal securities laws NEW YORK, April 08, 2026 (GLOBE NEWSWIRE) &#8212; Leading securities law firm Bleichmar Fonti &amp; Auld LLP announces an investigation into Tennant Company (NYSE:TNC) for potential violations of the federal securities laws. If you invested in Tennant, you are encouraged to obtain additional information by visiting: https:\/\/www.bfalaw.com\/cases\/tennant-company-class-action-lawsuit. Key Details of the Tennant ($TNC) Class Action Investigation: Investigation Overview: Securities fraud related to Tennant\u2019s implementation and rollout of its new, company-wide enterprise resource planning (\u201cERP\u201d) system Stock Decline: February 24, 2026 \u2013 23.4% Stock Drop Action: Contact BFA Law to discuss your rights Why is Tennant Being Investigated &hellip; Continue reading &quot;TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-08T10:14:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTUzOCM3NTIzNzI4IzIyOTA5OTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law\",\"datePublished\":\"2026-04-08T10:14:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\\\/\"},\"wordCount\":558,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTY4NTUzOCM3NTIzNzI4IzIyOTA5OTU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\\\/\",\"name\":\"TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTY4NTUzOCM3NTIzNzI4IzIyOTA5OTU=\",\"datePublished\":\"2026-04-08T10:14:22+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTY4NTUzOCM3NTIzNzI4IzIyOTA5OTU=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTY4NTUzOCM3NTIzNzI4IzIyOTA5OTU=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/","og_locale":"en_US","og_type":"article","og_title":"TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law - Market Newsdesk","og_description":"BFA Law is investigating Tennant Company after its stock plummeted 23% due to issues with its ERP system, potentially violating federal securities laws NEW YORK, April 08, 2026 (GLOBE NEWSWIRE) &#8212; Leading securities law firm Bleichmar Fonti &amp; Auld LLP announces an investigation into Tennant Company (NYSE:TNC) for potential violations of the federal securities laws. If you invested in Tennant, you are encouraged to obtain additional information by visiting: https:\/\/www.bfalaw.com\/cases\/tennant-company-class-action-lawsuit. Key Details of the Tennant ($TNC) Class Action Investigation: Investigation Overview: Securities fraud related to Tennant\u2019s implementation and rollout of its new, company-wide enterprise resource planning (\u201cERP\u201d) system Stock Decline: February 24, 2026 \u2013 23.4% Stock Drop Action: Contact BFA Law to discuss your rights Why is Tennant Being Investigated &hellip; Continue reading \"TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-08T10:14:22+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTUzOCM3NTIzNzI4IzIyOTA5OTU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law","datePublished":"2026-04-08T10:14:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/"},"wordCount":558,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTUzOCM3NTIzNzI4IzIyOTA5OTU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/","name":"TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTUzOCM3NTIzNzI4IzIyOTA5OTU=","datePublished":"2026-04-08T10:14:22+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTUzOCM3NTIzNzI4IzIyOTA5OTU=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTUzOCM3NTIzNzI4IzIyOTA5OTU="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tnc-investor-announcement-tennant-company-investigated-after-erp-system-issues-cause-23-stock-drop-investors-with-losses-notified-to-contact-bfa-law\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"TNC Investor Announcement: Tennant Company Investigated After ERP System Issues Cause 23% Stock Drop \u2013 Investors with Losses Notified to Contact BFA Law"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/949719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=949719"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/949719\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=949719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=949719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=949719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}