Firefly Aerospace Investors Face Jan. 12 Deadline to Seek Lead Role in Securities Class Action
These are routine investor solicitations by plaintiff firms rather than court findings.
Overview
- Notices from Kessler Topaz, Levi & Korsinsky, and Faruqi & Faruqi remind investors of a January 12, 2026 cutoff to move for lead-plaintiff status.
- Filed complaints target purchasers of shares traceable to the August 7, 2025 IPO and buyers of Firefly securities from August 7 through September 29, 2025.
- The suits allege Firefly overstated demand and growth for its Spacecraft Solutions offerings and overstated the Alpha rocket program’s operational readiness and commercial viability.
- Plaintiffs cite September 2025 disclosures, including a Q2 loss and revenue shortfall and a report that Alpha Flight 7 lost its first stage, which preceded sharp share declines.
- Offering materials are alleged to be misleading, the IPO sold about 19.296 million shares at $45 each, and the case now proceeds to lead-plaintiff selection before further court proceedings.