Lockheed Martin’s 0.64% Rally Can’t Mask 151st Volume Rank as Lawsuit Unveils 2.75B Losses

On August 4, 2025, Lockheed Martin (LMT) closed at a 0.64% gain, with a trading volume of $0.65 billion, a 22.72% decline from the previous day. This places the stock 151st in trading activity among listed equities. The price movement follows a class-action lawsuit filed by Hagens Berman, alleging material misstatements by the company regarding its Aeronautics and Rotary and Mission Systems segments. The legal action centers on alleged failures in internal controls, including inaccurate risk assessments and profit booking rates, which contributed to $1.8 billion in pre-tax losses in the Aeronautics segment in late 2024 and an additional $950 million in Q2 2025. The lawsuit also highlights the resignation of CFO Jay Malave in April 2025 and the subsequent $570 million loss in the RMS segment tied to the Canadian Maritime Helicopter Program.

The legal scrutiny reflects broader investor concerns over Lockheed’s financial transparency and operational performance. The company’s shares fell nearly 11% following the Q2 2025 earnings report, which revealed ongoing challenges in managing costs and meeting contractual obligations. Hagens Berman’s investigation focuses on whether Lockheed timely disclosed these issues, which analysts describe as indicative of systemic risks in its risk-adjusted contracts. The lawsuit seeks to represent investors who acquired shares between January 2024 and July 2025, with a lead plaintiff deadline set for September 26, 2025.

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