Lockheed Martin shareholders may be eligible for settlement.
PorAinvest
lunes, 11 de agosto de 2025, 9:21 am ET1 min de lectura
LMT--
Lockheed Martin Corporation (NYSE: LMT) is facing a securities lawsuit alleging false and misleading statements regarding its internal controls and profit booking rate. The lawsuit, filed by investors, claims that the company made materially false and misleading statements and failed to disclose accurate information about its contracts and profit booking rate during the period from January 23, 2024, to July 21, 2025. Investors who purchased shares during this time are encouraged to contact The Gross Law Firm for possible lead plaintiff appointment.
The lawsuit, as detailed by The Gross Law Firm, alleges that Lockheed Martin lacked effective internal controls regarding its risk-adjusted contracts and the reporting of its risk-adjusted profit booking rate. Additionally, the company is accused of failing to perform reasonably accurate comprehensive reviews of program requirements, technical complexities, schedule, and risks. The complaint further states that Lockheed Martin overstated its ability to deliver on its contract commitments in terms of cost, quality, and schedule, leading to the likelihood of reporting significant losses.
Investors who wish to participate in this class action should register by September 26, 2025, the deadline for lead plaintiff appointment. There is no cost or obligation to participate. The Gross Law Firm, a nationally recognized class action law firm, is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses due to false and/or misleading statements or the omission of material information by a company.
For more information and to register as a shareholder, visit https://securitiesclasslaw.com/securities/lockheed-martin-corporation-loss-submission-form/?id=159983&from=3 or contact The Gross Law Firm at (646) 453-8903.
References:
[1] https://www.globenewswire.com/news-release/2025/08/07/3129788/0/en/The-Gross-Law-Firm-Notifies-Shareholders-of-Lockheed-Martin-Corporation-LMT-of-a-Class-Action-Lawsuit-and-an-Upcoming-Deadline.html
Lockheed Martin Corporation is facing a securities lawsuit alleging false and misleading statements regarding its internal controls and profit booking rate. Shareholders who purchased shares during January 2024 to July 2025 are encouraged to contact The Gross Law Firm for possible lead plaintiff appointment. The lawsuit alleges that Lockheed Martin lacked effective internal controls and failed to disclose accurate information about its contracts and profit booking rate.
Title: Lockheed Martin Faces Securities Lawsuit Over Alleged False StatementsLockheed Martin Corporation (NYSE: LMT) is facing a securities lawsuit alleging false and misleading statements regarding its internal controls and profit booking rate. The lawsuit, filed by investors, claims that the company made materially false and misleading statements and failed to disclose accurate information about its contracts and profit booking rate during the period from January 23, 2024, to July 21, 2025. Investors who purchased shares during this time are encouraged to contact The Gross Law Firm for possible lead plaintiff appointment.
The lawsuit, as detailed by The Gross Law Firm, alleges that Lockheed Martin lacked effective internal controls regarding its risk-adjusted contracts and the reporting of its risk-adjusted profit booking rate. Additionally, the company is accused of failing to perform reasonably accurate comprehensive reviews of program requirements, technical complexities, schedule, and risks. The complaint further states that Lockheed Martin overstated its ability to deliver on its contract commitments in terms of cost, quality, and schedule, leading to the likelihood of reporting significant losses.
Investors who wish to participate in this class action should register by September 26, 2025, the deadline for lead plaintiff appointment. There is no cost or obligation to participate. The Gross Law Firm, a nationally recognized class action law firm, is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses due to false and/or misleading statements or the omission of material information by a company.
For more information and to register as a shareholder, visit https://securitiesclasslaw.com/securities/lockheed-martin-corporation-loss-submission-form/?id=159983&from=3 or contact The Gross Law Firm at (646) 453-8903.
References:
[1] https://www.globenewswire.com/news-release/2025/08/07/3129788/0/en/The-Gross-Law-Firm-Notifies-Shareholders-of-Lockheed-Martin-Corporation-LMT-of-a-Class-Action-Lawsuit-and-an-Upcoming-Deadline.html
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