Lockheed Martin shareholders encouraged to contact firm for possible lead plaintiff appointment.
ByAinvest
Monday, Aug 4, 2025 9:00 am ET1min read
LMT--
The complaint alleges that during the class period, Lockheed Martin issued materially false and/or misleading statements and/or failed to disclose that:
1. The company lacked effective internal controls regarding its risk-adjusted contracts, including the reporting of its risk-adjusted profit booking rate.
2. Lockheed Martin lacked effective procedures to perform reasonably accurate comprehensive reviews of program requirements, technical complexities, schedule, and risks.
3. The company overstated its ability to deliver on its contract commitments in terms of cost, quality, and schedule.
4. As a result, the company was reasonably likely to report significant losses.
5. Defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
The deadline for shareholders to register for this class action is September 26, 2025. Shareholders should not delay in registering their information. To register, visit [here](https://securitiesclasslaw.com/securities/lockheed-martin-corporation-loss-submission-form/?id=159231&from=4).
Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is also September 26, 2025. There is no cost or obligation to participate in this case.
The Gross Law Firm is a nationally recognized class action law firm committed to protecting the rights of investors who have suffered losses due to deceit, fraud, and illegal business practices. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock.
For more information, contact The Gross Law Firm at:
- Email: dg@securitiesclasslaw.com
- Phone: (646) 453-8903
References:
[1] https://www.marketscreener.com/news/the-gross-law-firm-reminds-lockheed-martin-corporation-investors-of-the-pending-class-action-lawsuit-ce7c5edadf8af721
[2] https://www.tradingview.com/news/reuters.com,2025-08-02:newsml_NFC7M0XDq:0-deadline-alert-faruqi-faruqi-llp-investigates-claims-on-behalf-of-investors-of-lockheed-martin/
[3] https://www.prnewswire.com/news-releases/the-gross-law-firm-reminds-lockheed-martin-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-september-26-2025--lmt-302520125.html
The Gross Law Firm is investigating a potential securities class action against Lockheed Martin Corporation, alleging false and/or misleading statements regarding the company's risk-adjusted contracts and internal controls. Shareholders who purchased LMT shares during the class period (Jan 23, 2024 to July 21, 2025) are encouraged to contact the firm about possible lead plaintiff appointment.
New York, NY - July 2, 2025 - The Gross Law Firm has issued a notice to shareholders of Lockheed Martin Corporation (NYSE: LMT) regarding a pending class action lawsuit. The firm is investigating potential claims against Lockheed Martin, alleging false and/or misleading statements regarding the company's risk-adjusted contracts and internal controls. Shareholders who purchased LMT shares during the class period (January 23, 2024, to July 21, 2025) are encouraged to contact the firm about possible lead plaintiff appointment.The complaint alleges that during the class period, Lockheed Martin issued materially false and/or misleading statements and/or failed to disclose that:
1. The company lacked effective internal controls regarding its risk-adjusted contracts, including the reporting of its risk-adjusted profit booking rate.
2. Lockheed Martin lacked effective procedures to perform reasonably accurate comprehensive reviews of program requirements, technical complexities, schedule, and risks.
3. The company overstated its ability to deliver on its contract commitments in terms of cost, quality, and schedule.
4. As a result, the company was reasonably likely to report significant losses.
5. Defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
The deadline for shareholders to register for this class action is September 26, 2025. Shareholders should not delay in registering their information. To register, visit [here](https://securitiesclasslaw.com/securities/lockheed-martin-corporation-loss-submission-form/?id=159231&from=4).
Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is also September 26, 2025. There is no cost or obligation to participate in this case.
The Gross Law Firm is a nationally recognized class action law firm committed to protecting the rights of investors who have suffered losses due to deceit, fraud, and illegal business practices. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock.
For more information, contact The Gross Law Firm at:
- Email: dg@securitiesclasslaw.com
- Phone: (646) 453-8903
References:
[1] https://www.marketscreener.com/news/the-gross-law-firm-reminds-lockheed-martin-corporation-investors-of-the-pending-class-action-lawsuit-ce7c5edadf8af721
[2] https://www.tradingview.com/news/reuters.com,2025-08-02:newsml_NFC7M0XDq:0-deadline-alert-faruqi-faruqi-llp-investigates-claims-on-behalf-of-investors-of-lockheed-martin/
[3] https://www.prnewswire.com/news-releases/the-gross-law-firm-reminds-lockheed-martin-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-september-26-2025--lmt-302520125.html
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