Pomerantz LLP has filed a class action lawsuit against Lockheed Martin Corporation, alleging securities fraud or other unlawful business practices. The complaint can be obtained at www.pomerantzlaw.com. Investors who purchased Lockheed securities during the class period, which ends on September 26, 2025, can seek to be appointed Lead Plaintiff for the class. The lawsuit concerns Lockheed's financial statements and actions taken by its officers and directors during the class period.
Pomerantz LLP has filed a class action lawsuit against Lockheed Martin Corporation (NYSE: LMT) alleging securities fraud and unlawful business practices. The lawsuit, captioned as Pomerantz LLP v. Lockheed Martin Corporation, No. 25-cv-06197 (S.D.N.Y.), targets investors who purchased or otherwise acquired Lockheed securities during the Class Period, which spans from January 23, 2024, to July 21, 2025 [1].
The complaint, available at www.pomerantzlaw.com, alleges that Lockheed Martin made materially false and/or misleading statements and failed to disclose material adverse facts about its business, operations, and prospects. Specifically, the lawsuit claims that the company lacked effective internal controls regarding risk-adjusted contracts and overstated its ability to deliver on its contract commitments [1].
The Class Period coincides with a series of significant financial setbacks for Lockheed Martin. On October 22, 2024, the company reported $80 million in losses on a classified program at its Aeronautics business segment, leading to a 6.12% drop in its stock price. Further losses, totaling $1.7 billion, were reported on January 28, 2025, resulting in a 9.2% decline in stock price. The latest financial results, released on July 22, 2025, showed additional losses of $1.6 billion, contributing to a 10.8% stock price decline [1].
Investors who suffered losses on their Lockheed Martin investments are urged to contact Danielle Peyton at Pomerantz LLP by September 26, 2025, to inquire about potentially pursuing claims to recover their losses under the Federal Securities Laws [1]. Those interested can also contact Glancy Prongay & Murray LLP for more information [2].
Pomerantz LLP, a premier firm in corporate, securities, and antitrust class litigation, has recovered numerous multimillion-dollar damages awards on behalf of class members. The firm's history dates back to the 1930s, with a focus on fighting for the rights of victims of securities fraud, breaches of fiduciary duty, and corporate misconduct [1].
For more information about this class action lawsuit, investors are advised to consult the provided resources and contact the firms involved.
References:
[1] https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-reminds-investors-with-losses-on-their-investment-in-lockheed-martin-corporation-of-class-action-lawsuit-and-upcoming-deadlines--lmt-302525734.html
[2] https://www.morningstar.com/news/globe-newswire/9510597/deadline-alert-lockheed-martin-corporation-lmt-investors-who-lost-money-urged-to-contact-glancy-prongay-murray-llp-about-securities-fraud-lawsuit
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