Overview
- Investors who bought Lockheed Martin securities from January 23, 2024 to July 21, 2025 face a September 26, 2025 deadline to move for lead-plaintiff status.
- A class action has been filed in federal court and the matter remains in its early procedural phase with no class certified.
- The complaint alleges ineffective internal controls over risk‑adjusted contracts, including reporting of the risk‑adjusted profit booking rate.
- Plaintiffs contend the company overstated its ability to meet cost, quality, and schedule commitments and that investors were harmed when contrary details emerged.
- Rosen Law says investors may join on a contingency basis, and notes that investors are not represented by counsel unless they retain one until a class is certified.