Plaintiffs’ Firms Press Firefly Investors Ahead of Jan. 12 Lead-Plaintiff Deadline
The lead-plaintiff fight could influence the litigation strategy.
Overview
- Robbins Geller says the case is captioned Diamond v. Firefly Aerospace Inc., No. 25-cv-01812, in the Western District of Texas.
- Johnson Fistel, Kirby McInerney, Robbins Geller, and Bernstein Liebhard issued fresh notices urging investors to seek lead-plaintiff appointment by January 12, 2026.
- The complaints allege Firefly overstated demand for its Spacecraft Solutions business and the operational readiness and commercial viability of its Alpha rocket program.
- Following Firefly’s September 22, 2025 report of a $80.3 million Q2 loss and $15.55 million in revenue, shares fell about 15.3%.
- After a September 29, 2025 disclosure that Alpha Flight 7 lost its first stage, the stock declined roughly 20.7%.