Law firm Johnson Fistel, PLLP has launched an investigation into Ryan Specialty Holdings, Inc. (NYSE: RYAN) following a sharp decline in the company’s stock price after it reported disappointing fourth-quarter organic revenue growth of 6.6 percent.
"If you purchased Ryan Specialty securities and suffered losses on your investment," you may have a claim, according to a statement from Johnson Fistel, which is encouraging affected investors to contact the firm.
The sell-off was triggered by the company’s fourth-quarter and full-year 2025 financial results, disclosed on February 12, 2026. Ryan Specialty reported organic revenue growth of 6.6 percent, a significant slowdown from the 11.0 percent growth in the same period of the prior year. The company also disclosed that its adjusted EBITDAC margin contracted to 29.6 percent from 32.6 percent a year earlier.
The company’s forward-looking statements also concerned investors. Ryan Specialty guided for organic revenue growth in the high single digits for 2026 and said it expects adjusted EBITDAC margin to be flat to moderately down compared to 2025. The investigation focuses on whether the company’s executive officers complied with federal securities laws or if their statements were materially false or misleading.
During an earnings call, Ryan Specialty executives noted that the fourth quarter “marked an intensification of some of these property pricing trends,” with rate decreases of 25 percent to 35 percent in large accounts, which was more severe than earlier in the year. This disclosure, combined with the weaker-than-expected results and soft guidance, led to a sharp decline in Ryan Specialty’s stock price, damaging investors and prompting the legal scrutiny.
Johnson Fistel’s investigation is centered on the potential for investors to recover losses under federal securities laws. The firm has invited shareholders who suffered losses to join the investigation.
Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits.
The investigation puts Ryan Specialty's management disclosures under scrutiny, potentially leading to a class-action lawsuit. Shareholders will be watching for any formal legal filings and the company's response to the allegations as the next major development.
This article is for informational purposes only and does not constitute investment advice.
