Firefly Aerospace Investors Face Jan. 12 Lead-Plaintiff Deadline in Securities Class Action

Overview

• Investors seeking to serve as lead plaintiff must file motions by January 12, 2026 in the federal case against Firefly Aerospace.
• The proposed class includes buyers of common stock in the August 7, 2025 IPO and purchasers of Firefly securities through September 29, 2025.
• The complaints allege Firefly overstated demand and growth for its Spacecraft Solutions business and exaggerated the Alpha rocket program’s readiness and viability.
• On September 22, 2025 the company reported a $80.3 million loss on $15.55 million in revenue, including $9.2 million from Spacecraft Solutions, after which shares fell about 15%.
• On September 29, 2025 Firefly disclosed the loss of Alpha Flight 7’s first stage and the stock dropped roughly 21%, as firms such as Levi & Korsinsky, Faruqi & Faruqi, and Kessler Topaz now solicit shareholders while the allegations remain unproven.