Overview
- Announced on August 16, 2025, the class action covers investors who purchased Lockheed Martin securities between January 23, 2024, and July 21, 2025.
- The lawsuit alleges the company failed to implement effective internal controls over risk-adjusted contracts and neglected comprehensive program requirement and risk reviews.
- Plaintiffs claim Lockheed overstated its ability to meet contract cost, quality, and schedule commitments, leaving investors exposed to significant losses.
- No class has been certified and investors are not represented by counsel unless they retain one; they must file lead-plaintiff motions by September 26, 2025 under PSLRA guidelines.
- Rosen Law Firm is actively recruiting class members and highlighting its top securities litigation rankings to secure leadership in the case.