fix(sec): warn when deferred imports stay stale

tests/unit/test_sec_fundamentals_importer.py

@@ -23,7 +23,11 @@ from app.services.data_import import (
     STATUS_PROMOTED,
     run_import,
 )
-from app.services.sec_fundamentals_importer import SecFundamentalsImporter
+from app.services.sec_fundamentals_importer import (
+    SecFundamentalsImporter,
+    StagedFundamentals,
+)
+from app.services.sec_universe import ResolvedUniverse
 
 
 @pytest.fixture
@@ -232,6 +236,32 @@ async def test_consistency_gate_defers_without_alert_when_facts_lag_index(engine
     assert await _count(factory, SystemEvent) == 0  # expected SEC lag does not alert
 
 
+async def test_companyfacts_lag_does_not_mask_second_validation_failure():
+    importer = SecFundamentalsImporter(today=date(2026, 5, 3))
+    importer._latest_index_date = date(2026, 5, 2)
+    staged = StagedFundamentals(
+        resolved=ResolvedUniverse(),
+        missing_xbrl=[{
+            "cik": "0000320193",
+            "accession": "GHOST",
+            "form": "10-Q",
+            "index_date": date(2026, 5, 1),
+            "age_days": 2,
+            "reason": "not_in_companyfacts",
+        }],
+        invalid_payloads=[{
+            "cik": "0000789019",
+            "reason": "missing facts structure",
+        }],
+    )
+
+    result = await importer.validate(None, staged)
+
+    assert not result.ok
+    assert not result.retryable
+    assert len(result.messages) == 2
+
+
 async def test_gate_separates_missing_submissions_from_missing_facts(engine):
     """An index row the issuer's own filing list does not carry is a different
     failure from a Company-Facts lag, and must not be reported as one."""