Particle.news
Download on the App Store
4 ARTICLES
·
8h ago

Lockheed Martin Sued in Securities Class Action Over Program Loss Disclosures

The filing alleges undisclosed control failures linked to successive loss announcements during the class period.

Rosen, a leading investor rights law firm, encourages lockheed martin corporation investors to secure counsel before important deadline in securities class action lmt

Overview

  • Hagens Berman announced a securities class action, captioned Khan v. Lockheed Martin, on behalf of investors who bought shares between Jan. 23, 2024 and July 21, 2025.
  • The complaint claims Lockheed misled investors about the health of its Aeronautics and Rotary and Mission Systems segments by overstating execution capabilities and failing to disclose ineffective internal controls.
  • Investors are pointed to disclosures including a Jan. 28, 2025 report of $1.8 billion in pre-tax Aeronautics losses and an April 17, 2025 announcement that the CFO had left.
  • On July 22, 2025 the company reported additional pre-tax losses of $950 million in Aeronautics and $570 million in RMS tied to the Canadian Maritime Helicopter Program, after which shares fell nearly 11%.
  • The case is at an early stage with no judicial findings, and the firm is soliciting lead plaintiffs and whistleblowers ahead of a Sept. 26, 2025 deadline.