Lockheed Martin Gains 0.38% on $630M Volume Ranking 141st Amid Class Action Lawsuits Over Financial Disclosures

Generated by AI AgentAinvest Volume Radar
Thursday, Aug 28, 2025 7:24 pm ET1min read
Aime RobotAime Summary

- Lockheed Martin (LMT) rose 0.38% on August 28, 2025, with $630M volume, ranking 141st in market activity.

- Two law firms filed class action lawsuits alleging LMT misrepresented internal controls and overstated contract delivery capabilities.

- Investors must register by September 26, 2025, for litigation without upfront costs, targeting alleged financial disclosure inaccuracies.

On August 28, 2025,

(LMT) closed with a 0.38% gain, trading with a volume of $0.63 billion, ranking 141st in market activity for the day. The stock’s modest rise came amid ongoing legal scrutiny over financial disclosures.

Two law firms, The Gross Law Firm and Levi & Korsinsky, separately issued class action notices targeting

shareholders who purchased shares between January 23, 2024, and July 21, 2025. The lawsuits allege that the company misrepresented its internal controls, overstated contract delivery capabilities, and failed to disclose risks tied to risk-adjusted profit reporting. These claims suggest potential material inaccuracies in the company’s public statements about its operational and financial health.

Investors are urged to register for the litigation by September 26, 2025. Participation does not require appointment as lead plaintiff, and no upfront costs are involved. The cases focus on alleged misstatements related to internal control deficiencies, program risk assessments, and inflated commitments on cost, quality, and schedule for contracts. Legal teams emphasize the need for investors to act promptly to secure potential recoveries.

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