Lockheed Martin sued for alleged securities fraud, investors advised to contact Danielle Peyton.

Tuesday, Sep 2, 2025 10:03 am ET1min read

Lockheed Martin Corporation is facing a class action lawsuit alleging securities fraud and unlawful business practices. The lawsuit, filed by Pomerantz LLP, claims that the company and certain officers and directors engaged in securities fraud. Investors who purchased Lockheed securities during the class period can ask the Court to appoint them as Lead Plaintiff by September 26, 2025. A copy of the Complaint is available at www.pomerantzlaw.com.

Lockheed Martin Corporation (NYSE: LMT) is currently facing a class action lawsuit alleging securities fraud and unlawful business practices. The lawsuit, filed by Pomerantz LLP, claims that the company and certain officers and directors engaged in securities fraud. Investors who purchased Lockheed securities during the class period can ask the Court to appoint them as Lead Plaintiff by September 26, 2025. A copy of the Complaint is available at www.pomerantzlaw.com.

The lawsuit, captioned Khan v. Lockheed Martin Corporation, alleges that the company misled investors about the financial health and performance of its Aeronautics and Rotary and Mission Systems (RMS) business segments. The complaint claims that Lockheed Martin made false and misleading statements and failed to disclose that it lacked effective internal controls and procedures to accurately assess program risks. The company overstated its ability to deliver on its contractual commitments, leading to significant losses for investors.

The lawsuit further alleges that Lockheed Martin reported $1.8 billion in pre-tax losses in its Aeronautics segment on January 28, 2025, citing “performance issues.” On April 17, 2025, the company announced its CFO had left. On July 22, 2025, the company announced an additional $950 million in pre-tax losses for its Aeronautics segment. These disclosures indicate that the company's financial health was not as robust as it had portrayed to investors.

Investors with substantial losses are encouraged to submit their claims. The class period for this lawsuit is from January 23, 2024, to July 21, 2025. The lead plaintiff deadline is September 26, 2025. For more information or to submit a claim, investors can visit www.hbsslaw.com/investor-fraud/lmt or contact Hagens Berman at LMT@hbsslaw.com or 844-916-0895.

References:
[1] https://www.morningstar.com/news/globe-newswire/9521659/lmt-investor-update-securities-lawsuit-hits-lockheed-martin-lmt-over-program-losses-hagens-berman
[2] https://www.prnewswire.com/news-releases/lmt-investors-have-opportunity-to-lead-lockheed-martin-corporation-securities-fraud-lawsuit-302542095.html
[3] https://www.marketscreener.com/news/lmt-investors-have-opportunity-to-lead-lockheed-martin-corporation-securities-fraud-lawsuit-ce7c50dddd88f124

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