Camping World Investors File Securities Fraud Lawsuit

Berger Montague law firm alleges company misled investors about inventory management and consumer demand

Apr. 16, 2026 at 1:22pm

Got story updates? Submit your updates here. ›

A photorealistic studio still life featuring a shiny metal RV model, a crumpled stock chart, and a broken calculator arranged on a clean white background, symbolizing the financial troubles and inventory management issues facing the recreational vehicle retailer.A studio still life captures the financial fallout from Camping World's alleged inventory mismanagement and misleading investor disclosures.Malvern Today

National plaintiffs' law firm Berger Montague PC has announced a class action lawsuit against Camping World Holdings, Inc. (NYSE: CWH) on behalf of investors who purchased or acquired Camping World shares during the period from April 29, 2025 through February 24, 2026. The lawsuit alleges that Camping World misled investors about the strength of its business and its ability to manage inventory using data analytics to optimize profits.

Why it matters

The lawsuit claims Camping World overstated consumer retail demand and its ability to effectively manage inventory levels, while failing to disclose that it would need to implement strict corrective inventory management objectives that would negatively impact gross profit and margins. As the true state of the company's operations became known, Camping World shares declined sharply, causing substantial investor losses.

The details

According to the complaint, Camping World, headquartered in Lincolnshire, Ill., is a retailer of recreational vehicles and related products and services. The lawsuit alleges the company misled investors about its business strength and inventory management capabilities. As a result, Camping World's stock price fell 24.8% on October 29, 2025 after the company reported declining new vehicle revenue and shrinking margins. Then on February 25, 2026, the stock fell an additional 16.5% after Camping World announced significant losses, gross margin decline, and the suspension of its quarterly dividend.

  • The class period is from April 29, 2025 through February 24, 2026.
  • Investors have until May 11, 2026 to seek to be appointed as a lead plaintiff representative of the class.

The players

Camping World Holdings, Inc.

A retailer of recreational vehicles and related products and services, headquartered in Lincolnshire, Illinois.

Berger Montague PC

A national plaintiffs' law firm that has announced the class action lawsuit against Camping World on behalf of investors.

Got photos? Submit your photos here. ›

What they’re saying

“Investors who purchased or acquired Camping World securities during the Class Period may, no later than May 11, 2026, seek to be appointed as a lead plaintiff representative of the class.”

— Andrew Abramowitz, Attorney, Berger Montague

“Investors who would like to learn more about this action may contact Berger Montague.”

— Caitlin Adorni, Attorney, Berger Montague

What’s next

The judge will decide on May 11, 2026 whether to allow investors to be appointed as lead plaintiffs in the class action lawsuit against Camping World.

The takeaway

This lawsuit highlights the importance of transparency and accurate disclosure for public companies. Investors rely on companies to provide truthful information about their financial health and operations, and allegations of securities fraud can have severe consequences for a company's stock price and reputation.