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 ...

Core Viewpoint - A class action lawsuit has been filed against BigBear.ai Holdings, Inc. for failing to disclose deficiencies in its accounting practices, leading to the need for restatement of financial statements [1][2][3] Group 1: Allegations and Financial Misstatements - The lawsuit alleges that BigBear maintained inadequate accounting review policies for unusual or complex transactions [2] - It is claimed that BigBear incorrectly accounted for the conversion option within the 2026 Convertible Notes, failing to bifurcate it as required [2] - The errors in accounting led to misstatements in previously issued financial statements, necessitating restatement [2][3] Group 2: Impact on Stock and Reporting - On March 18, 2025, BigBear disclosed that certain financial statements since fiscal year 2021 were unreliable and would be restated, causing a significant drop in stock price by $0.52, or 14.9%, closing at $2.97 per share [3] - The company indicated it would be unable to file its Annual Report for 2024 without unreasonable effort or expense due to the identified material error [3] Group 3: Class Action Participation - Shareholders wishing to serve as lead plaintiffs in the class action must file their papers by June 10, 2025, but participation is not required to be eligible for recovery [4] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [5]

Core Viewpoint - A class action lawsuit has been filed against BigBear.ai Holdings, Inc. for alleged accounting errors and misstatements in financial reporting during the Class Period from March 31, 2022, to March 25, 2025 [1][6] Group 1: Lawsuit Details - The lawsuit was initiated in the U.S. District Court for the Eastern District of Virginia, with investors having until June 10, 2025, to apply as lead plaintiffs [1] - The complaint alleges that BigBear failed to disclose deficiencies in its accounting review policies, leading to improper accounting for the 2026 Convertible Notes [6] Group 2: Financial Reporting Issues - On March 18, 2025, BigBear announced that certain financial statements since fiscal year 2021 should no longer be relied upon due to a material error related to the accounting treatment of the 2026 Convertible Notes [4] - The 2024 10-K filing revealed that the conversion option within the 2026 Notes was incorrectly deemed eligible for a scope exception, necessitating restatement of financial statements [5] - The restatement affected various financial metrics, including accumulated deficits, derivative liabilities, and net loss [5] Group 3: Market Reaction - Following the announcement of the financial reporting issues, BigBear's share price fell from $3.49 to $2.97 on March 18, 2025, and from $3.51 to $3.19 on March 26, 2025 [4][5]