Lockheed Martin Faces Securities Class Action Lawsuit Over Misleading Statements.

• Lockheed Martin faces class action lawsuit over financial misstatements. • Misleading statements about Aeronautics and RMS business segments. • Lawsuit alleges lack of effective internal controls and procedures. • Class period: Jan 23, 2024 – July 21, 2025. • Lead plaintiff deadline: Sept 26, 2025. • Hagens Berman encourages investors to submit losses.

Lockheed Martin Corporation (NYSE: LMT) is facing a significant legal challenge as multiple class action lawsuits have been filed against the aerospace and defense giant. The lawsuits allege that the company made false and misleading statements about its financial health and operational capabilities, particularly in its Aeronautics and Rotary and Mission Systems (RMS) business segments. These misstatements are said to have led to inflated perceptions of the company's performance and substantial financial losses for investors.

The lawsuits, filed by prominent investor rights law firms, target investors who purchased Lockheed Martin securities between January 23, 2024, and July 21, 2025. The lead plaintiff deadline for these lawsuits is set for September 26, 2025. The allegations include claims that Lockheed Martin lacked effective internal controls and procedures to accurately assess program risks, overstated its ability to deliver on contractual commitments, and failed to disclose significant losses.

Key details from the lawsuits include:
- Rosen Law Firm: The firm has announced a class action lawsuit targeting investors who purchased Lockheed Martin securities during the specified period. The lawsuit alleges that the company made materially false and misleading statements about its internal controls and contract commitments [1].
- Bronstein, Gewirtz & Grossman, LLC: This law firm has also filed a class action lawsuit against Lockheed Martin, alleging that the company made false and misleading statements and failed to disclose significant risks and losses [2].
- Hagens Berman: The firm has filed a securities class action lawsuit against Lockheed Martin, claiming that the company misled investors about the financial health of its Aeronautics and RMS business segments. The lawsuit alleges that Lockheed Martin lacked effective internal controls and overstated its ability to deliver on contractual commitments [3].

The lawsuits highlight the need for transparency and accountability in Lockheed Martin's corporate governance and industry practices. As the legal proceedings unfold, the outcome could set a precedent for how defense contractors manage disclosures and internal controls, bringing attention to the necessity of transparency and accountability in the industry.

Investors are encouraged to evaluate their legal options and consider participating in these class action lawsuits. The law firms representing the investors offer contingency fee arrangements, meaning there is no cost to the investors unless the firms are successful in their claims.

References:
[1] https://www.cashumarkets.com/news/lockheed-martin-faces-class-action-lawsuit-over-alleged-misleading-statements-and-internal-controls_0689f232614cfb45a4a778c2dc2731746f89d855
[2] https://www.globenewswire.com/news-release/2025/09/01/3142246/9788/en/LMT-INVESTOR-ALERT-Bronstein-Gewirtz-Grossman-LLC-Announces-that-Lockheed-Martin-Corporation-Investors-with-Substantial-Losses-Have-Opportunity-to-Lead-Class-Action-Lawsuit.html
[3] https://www.globenewswire.com/news-release/2025/08/27/3140276/32716/en/LMT-Investor-Update-Securities-Lawsuit-Hits-Lockheed-Martin-LMT-Over-Program-Losses-Hagens-Berman.html