Core Viewpoint - A class action lawsuit has been filed against BigBear.ai Holdings, Inc. for alleged misleading statements and accounting errors during the Class Period from March 31, 2022, to March 25, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that BigBear.ai made false and misleading statements regarding its accounting practices, particularly related to the 2026 Convertible Notes [5]. - Specific allegations include deficiencies in accounting review policies and improper accounting for the conversion option within the 2026 Convertible Notes, which led to misstated financial statements [5]. - The lawsuit asserts that these inaccuracies would likely require restatements of financial statements and could delay filings with the SEC, causing investor damages [5]. Group 2: Participation Information - Investors who purchased BigBear.ai securities during the Class Period may be entitled to compensation without upfront costs through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by June 10, 2025, to represent the class in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [4]. - The firm has recovered hundreds of millions of dollars for investors, with notable achievements in previous years, including over $438 million in 2019 alone [4].

Core Viewpoint - BigBear.ai Holdings is being compared to Palantir Technologies, with hopes that it can replicate similar success in the AI software market, despite facing significant challenges since its public debut [1][2]. Group 1: Company Overview - BigBear.ai went public in late 2021 through a SPAC merger and specializes in AI software that helps organizations analyze data for better decision-making [1][2]. - The company primarily serves government agencies, supply chains, healthcare, and life sciences, with a current market cap of $757 million, indicating potential for growth if the business expands [3]. Group 2: Financial Performance - BigBear.ai's revenue has been relatively stagnant, reporting approximately $155 million in 2022, $155 million in 2023, and $158 million in 2024, with management projecting sales of $160 million to $180 million for 2025 [4]. - The company ended 2024 with $50.1 million in cash and reported cash losses of $49.2 million, suggesting a need for future fundraising [7]. Group 3: Market Position and Risks - BigBear.ai's price-to-sales ratio is under 4.0, making it one of the cheaper technology stocks, but its inability to grow amidst strong AI demand raises concerns about its business execution and product value [11]. - The company faces significant dilution risk due to cash burn and a shallow cash position, with the diluted share count more than doubling since 2022 [8][10].

NEW YORK, April 19, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against BigBear.ai Holdings, Inc. (NYSE: BBAI) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in BigBear.ai, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/bigbearai-holdings-inc. Investors have until June 10, 2025, to ask the Court to be ...

NEW YORK, April 18, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in BigBear.ai Holdings, Inc. ("BigBear.ai Holdings" or the "Company") (NYSE: BBAI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of BigBear.ai Holdings investors who were adversely affected by alleged securities fraud between March 31, 2022 and March 25, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/big ...

SAN DIEGO, April 17, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired BigBear.ai Holdings, Inc. (NYSE: BBAI) securities between March 31, 2022 and March 25, 2025. BigBear is an artificial intelligence (“AI”)-driven technology solutions company. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating ...

NEW YORK, April 17, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of BigBear.ai Holdings, Inc. (NYSE: BBAI).Shareholders who purchased shares of BBAI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/bigbear-ai-holdings-inc-loss-submission-form/?id=143354&from=4CLASS PERIOD: Marc ...

NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against BigBear.ai Holdings, Inc. (“BigBear” or “the Company”) (NYSE: BBAI) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Big ...

LOS ANGELES, April 16, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BigBear.ai Holdings, Inc. ("BigBear" or "the Company") (NYSE: BBAI) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. BigBear disclosed in a March 18, 2025, SEC filing that its financial stat ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In BigBear.ai To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in BigBear.ai between March 31, 2022 and March 25, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Fa ...

PHILADELPHIA, April 16, 2025 /PRNewswire/ -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against BigBear.ai Holdings, Inc. ("BigBear" or the "Company") (NYSE: BBAI) on behalf of purchasers of BigBear securities between March 31, 2022 through March 25, 2025, inclusive (the "Class Period").Investor Deadline: Investors who purchased or acquired BigBear securities during the Class Period may, no later than JUNE 10, 2025, seek to be appointed as a lead plaintiff rep ...