Core Viewpoint - A class action securities lawsuit has been filed against BigBear.ai Holdings, alleging securities fraud that affected investors between March 31, 2022, and March 25, 2025 [1]. Group 1: Lawsuit Details - The complaint claims that BigBear.ai Holdings made false statements and concealed deficiencies in accounting review policies related to unusual transactions [2]. - It is alleged that the company incorrectly accounted for the 2026 Convertible Notes, failing to bifurcate the conversion option as required by accounting standards [2]. - The errors led to misstatements in previously issued financial statements, which may need to be restated, increasing the risk of delayed filings with the SEC [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until June 10, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as a leading firm in securities litigation [4]. - The firm has over 70 employees dedicated to serving clients in complex securities cases and has been ranked among the top securities litigation firms in the U.S. for seven consecutive years [4].

Core Viewpoint - A class action lawsuit has been filed against BigBear.ai Holdings, Inc. for failing to disclose significant accounting errors that may require restating financial statements from fiscal year 2021 onward [1][2][3]. Group 1: Allegations and Financial Misstatements - The lawsuit alleges that BigBear maintained deficient accounting review policies, leading to incorrect accounting treatment of the 2026 Convertible Notes [2]. - As a result of these deficiencies, BigBear misstated various items in its previously issued financial statements, which are now deemed inaccurate and likely to be restated [2][3]. - On March 18, 2025, BigBear disclosed that certain financial statements should no longer be relied upon, causing a significant drop in stock price by 14.9%, closing at $2.97 per share [3]. Group 2: Class Action Participation - Shareholders may be eligible to participate in the class action against BigBear, with a deadline to file as lead plaintiff by June 10, 2025 [4]. - Shareholders do not need to actively participate in the case to be eligible for recovery, allowing them to remain absent class members if they choose [4]. Group 3: Company Background - Robbins LLP, the firm leading the class action, has been dedicated to shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [5].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased BigBear.ai Holdings, Inc. securities between March 31, 2022, and March 25, 2025, of the June 10, 2025, deadline to serve as lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - A class action lawsuit has been filed against BigBear.ai, and investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][2] - Investors wishing to serve as lead plaintiff must file with the court by June 10, 2025 [2] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3] Group 3: Case Allegations - The lawsuit alleges that BigBear.ai made false and misleading statements regarding its accounting practices, particularly related to the 2026 Convertible Notes [4] - Specific allegations include deficient accounting review policies, improper accounting for the 2026 Convertible Notes, and the likelihood of needing to restate financial statements [4] - The inaccuracies in financial statements are claimed to have caused investor damages when the true details became public [4]

NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- 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 ...

NEW YORK, May 22, 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=149529&from=4CLASS PERIOD: March ...

NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- 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=149373&from=3 CLASS PERIOD ...

Investors have until June 10, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased BigBear.ai securities. The case is pending in the U.S. District Court for the Eastern District of Virginia and is captioned Priewe v. BigBear.ai Holdings, Inc., et al., No. 25-cv-00623. Why was BigBear.ai Sued for Securities Fraud? NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Leading securi ...

Core Viewpoint - The article compares the future prospects of two AI-driven companies, BigBear.ai and Five9, highlighting their growth rates, revenue performance, and overall market positioning. Company Performance - BigBear.ai went public via a SPAC merger on December 8, 2021, with an initial stock price of $9.84, reaching a high of $12.69 on April 13, 2022, but now trades below $4 [2] - Five9 went public on April 4, 2014, starting at $7 and peaking at $211.68 on August 4, 2021, currently trading around $28 [2] - BigBear.ai's revenue grew at a CAGR of only 3% from $140 million in 2020 to $158 million in 2024, significantly below its initial target of 41% CAGR [5] - Five9 aimed for revenue growth from $610 million in 2021 to $2.4 billion by 2026, but revised its target to 2027 and later abandoned the $2.4 billion goal, now targeting 10%-15% annual growth [6] Revenue Growth Comparison - BigBear.ai's revenue growth rates were 4% in 2021, 6% in 2022, 0% in 2023, and 2% in 2024 [9] - Five9's revenue growth rates were 40% in 2021, 28% in 2022, 17% in 2023, and 14% in 2024, indicating a much faster growth trajectory [9][7] - In 2024, Five9 generated over six times the revenue of BigBear.ai [7] Market Challenges - BigBear.ai faced challenges including the bankruptcy of its leading customer, Virgin Orbit, tough competition, and macroeconomic headwinds that limited software spending [9] - Five9 continued to grow despite similar macro challenges, benefiting from companies outsourcing customer support and adopting AI chatbots [10] Future Projections - Analysts expect BigBear.ai's revenue to grow at a CAGR of 9% from 2024 to 2026, while Five9's revenue is projected to grow at a CAGR of 10% [11] - BigBear.ai is expected to remain unprofitable, whereas Five9 is anticipated to become profitable this year and significantly increase its net income by 2026 [11] Valuation Metrics - BigBear.ai has an enterprise value of $1.1 billion, trading at 6.5 times this year's estimated sales [12] - Five9 has an enterprise value of $2.8 billion, trading at 2.4 times this year's sales, indicating a more attractive valuation [12] - BigBear.ai's outstanding shares increased by over 130% in the past three years, while Five9's increased by about 9% [12] Insider Activity - Over the past 12 months, BigBear.ai's insiders sold more than 30 times as many shares as they bought, while Five9's insiders bought nearly three times as many shares as they sold, suggesting stronger insider confidence in Five9 [13] Conclusion - Five9 is identified as the superior investment option due to its larger size, faster growth rate, sustainable business model, clearer path to profitability, and more attractive valuation compared to BigBear.ai [14]

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of BigBear.ai Holdings, Inc. regarding a class action lawsuit due to alleged misleading statements and accounting errors during a specified class period [1][2]. Group 1: Allegations and Issues - The complaint alleges that BigBear maintained deficient accounting review policies related to the reporting and disclosure of certain non-routine, unusual, or complex transactions [2] - It is claimed that BigBear incorrectly determined that the conversion option within the 2026 Convertible Notes qualified for the derivative scope exception under ASC 815-40 and failed to bifurcate the conversion option as required by ASC 815-15 [2] - The errors led to BigBear improperly accounting for the 2026 Convertible Notes, resulting in misstated financial statements that would likely need to be restated [2] Group 2: Class Action Details - The class period for the lawsuit is defined as March 31, 2022, to March 25, 2025, with a deadline for shareholders to register by June 10, 2025 [2][3] - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case [3] - There is no cost or obligation for shareholders to participate in the case [3] Group 3: Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [4] - The firm aims to ensure that companies adhere to responsible business practices and engage in good corporate citizenship [4] - The firm seeks recovery for investors who incurred losses due to false or misleading statements that led to artificial inflation of the company's stock [4]

NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds BigBear.ai Holdings, Inc. ("BigBear" or the "Company") (NYSE: BBAI) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing indiv ...