Lockheed Martin faces allegations of misstatements, internal control issues.
ByAinvest
Thursday, Sep 11, 2025 8:57 am ET2min read
LMT--
The Gross Law Firm has issued a notice reminding shareholders of the lead plaintiff deadline, which is September 26, 2025. The firm is seeking investors who purchased shares during the class period to consider contacting them regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to participate in any recovery [1].
Separately, a securities class action lawsuit has been filed against Lockheed Martin Corporation on behalf of investors who bought shares between January 23, 2024, and July 21, 2025. The lawsuit, Khan v. Lockheed Martin Corporation, alleges that the company gave investors a misleading picture of its financial health by failing to disclose that it had inadequate internal controls to assess program risks [2].
The lawsuit claims that throughout the specified period, Lockheed Martin presented a false and misleading view of its operations by overstating its ability to deliver on contracts in its Aeronautics and Rotary and Mission Systems (RMS) segments. The complaint alleges that the company lacked effective internal controls and procedures to accurately review program requirements and risks, leading to significant losses that were not disclosed to investors [2].
Investors have begun to learn the truth through a series of negative disclosures that led to major stock drops. On January 28, 2025, the company reported $1.8 billion in pre-tax losses in its Aeronautics segment. On April 17, 2025, the company announced its CFO had left. On July 22, 2025, the company disclosed an additional $950 million in pre-tax losses for its Aeronautics segment and $570 million in pre-tax losses for its RMS segment, stemming from problems with the Canadian Maritime Helicopter Program. Each of these revelations led to a significant drop in Lockheed Martin's stock price, with shares falling almost 11% on the final disclosure [2].
Hagens Berman, a national plaintiffs’ rights law firm, is investigating these claims on behalf of investors who suffered substantial losses. The firm is examining whether the massive, successive losses were a foreseeable consequence of poor internal controls and a failure to accurately communicate the company's risks to investors [2].
Shareholders are urged to contact The Gross Law Firm or Hagens Berman for more information and to register as potential lead plaintiffs. The deadline to seek to be a lead plaintiff is September 26, 2025. There is no cost or obligation to participate in this case [1][2].
References:
[1] The Gross Law Firm. (2025, September 11). The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of September 26, 2025 in Lockheed Martin Corporation Lawsuit - LMT. PR Newswire.
[2] Hagens Berman. (2025, September 10). LMT Lawsuit: Lockheed Martin Misled Investors on Financial Health. GlobeNewswire.
Lockheed Martin Corporation (NYSE: LMT) shareholders who purchased shares during January 23, 2024 to July 21, 2025 are encouraged to contact The Gross Law Firm regarding possible lead plaintiff appointment. The complaint alleges that Lockheed Martin issued materially false and/or misleading statements about its risk-adjusted contracts, internal controls, and profit booking rate. Appointment as lead plaintiff is not required to participate in any recovery.
Lockheed Martin Corporation (NYSE: LMT) shareholders who purchased shares between January 23, 2024, and July 21, 2025, are encouraged to contact The Gross Law Firm regarding possible lead plaintiff appointment in a class action lawsuit against the company. The lawsuit alleges that Lockheed Martin issued materially false and/or misleading statements about its risk-adjusted contracts, internal controls, and profit booking rate during the specified period [1].The Gross Law Firm has issued a notice reminding shareholders of the lead plaintiff deadline, which is September 26, 2025. The firm is seeking investors who purchased shares during the class period to consider contacting them regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to participate in any recovery [1].
Separately, a securities class action lawsuit has been filed against Lockheed Martin Corporation on behalf of investors who bought shares between January 23, 2024, and July 21, 2025. The lawsuit, Khan v. Lockheed Martin Corporation, alleges that the company gave investors a misleading picture of its financial health by failing to disclose that it had inadequate internal controls to assess program risks [2].
The lawsuit claims that throughout the specified period, Lockheed Martin presented a false and misleading view of its operations by overstating its ability to deliver on contracts in its Aeronautics and Rotary and Mission Systems (RMS) segments. The complaint alleges that the company lacked effective internal controls and procedures to accurately review program requirements and risks, leading to significant losses that were not disclosed to investors [2].
Investors have begun to learn the truth through a series of negative disclosures that led to major stock drops. On January 28, 2025, the company reported $1.8 billion in pre-tax losses in its Aeronautics segment. On April 17, 2025, the company announced its CFO had left. On July 22, 2025, the company disclosed an additional $950 million in pre-tax losses for its Aeronautics segment and $570 million in pre-tax losses for its RMS segment, stemming from problems with the Canadian Maritime Helicopter Program. Each of these revelations led to a significant drop in Lockheed Martin's stock price, with shares falling almost 11% on the final disclosure [2].
Hagens Berman, a national plaintiffs’ rights law firm, is investigating these claims on behalf of investors who suffered substantial losses. The firm is examining whether the massive, successive losses were a foreseeable consequence of poor internal controls and a failure to accurately communicate the company's risks to investors [2].
Shareholders are urged to contact The Gross Law Firm or Hagens Berman for more information and to register as potential lead plaintiffs. The deadline to seek to be a lead plaintiff is September 26, 2025. There is no cost or obligation to participate in this case [1][2].
References:
[1] The Gross Law Firm. (2025, September 11). The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of September 26, 2025 in Lockheed Martin Corporation Lawsuit - LMT. PR Newswire.
[2] Hagens Berman. (2025, September 10). LMT Lawsuit: Lockheed Martin Misled Investors on Financial Health. GlobeNewswire.
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