BigBear.ai(BBAI)

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BigBear.ai Holdings, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before June 10, 2025 to Discuss Your Rights - BBAI
Prnewswire· 2025-05-19 17:04
NEW YORK, May 19, 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=148825&from=4CLASS PERIOD: March ...
BBAI SHAREHOLDER NEWS: Investors of BigBear.ai Holdings, Inc. Securities are Reminded of the June 10 Class Action Deadline -- Contact BFA Law (NYSE:BBAI)
GlobeNewswire News Room· 2025-05-17 11:18
NEW YORK, May 17, 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 a ...
BigBear.ai Stock 65% Below Its 52-Week High: Buy the Dip or Stay Away?
ZACKS· 2025-05-16 15:31
BigBear.ai Holdings, Inc. (BBAI) stock has had a rough ride in 2025, declining 18.2% year to date, underperforming both the Zacks Computers - IT Services industry, which is down 5.2%, and the broader Zacks Computer & Technology sector, which has dipped 1.3%. As a result, BBAI now trades nearly 65% below its 52-week high of $10.36 and hovers close to its 52-week low of $1.17.BBAI YTD Share Price PerformanceImage Source: Zacks Investment ResearchAs a focused artificial intelligence (AI) company, BigBear.ai of ...
Shareholders of BigBear.ai Holdings, Inc. Should Contact The Gross Law Firm Before June 10, 2025 to Discuss Your Rights – BBAI
GlobeNewswire News Room· 2025-05-15 18:00
NEW YORK, May 15, 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=148461&from=3 CLASS PERIOD ...
BBAI CLASS ACTION: A Securities Fraud Lawsuit was filed on behalf of BigBear.ai Holdings, Inc. Investors -- Contact BFA Law by June 10 Deadline (NYSE:BBAI)
GlobeNewswire News Room· 2025-05-15 10:07
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? BigBear.ai is an AI-driven technology solutions company t ...
BigBear.ai Holdings, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before June 10, 2025 to Discuss Your Rights – BBAI
GlobeNewswire News Room· 2025-05-13 16:47
NEW YORK, May 13, 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 ...
Levi & Korsinsky Reminds BigBear.ai Holdings, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 10, 2025 - BBAI
Prnewswire· 2025-05-13 09:45
NEW YORK, May 13, 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/bigbe ...
June 10, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against BBAI
GlobeNewswire News Room· 2025-05-12 17:18
Core Viewpoint - BigBear.ai Holdings, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its financial reporting and accounting practices during the class period from March 31, 2022, to March 25, 2025 [3]. Summary by Relevant Sections Allegations - The complaint alleges that BigBear maintained deficient accounting review policies related to the reporting and disclosure of certain non-routine, unusual, or complex transactions [3]. - It is claimed that the company 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 [3]. - As a result of these errors, BigBear misaccounted for the 2026 Convertible Notes, leading to inaccuracies in several previously issued financial statements [3]. - The inaccuracies in financial statements may require restatement, increasing the risk of delays in filing certain financial reports with the SEC [3]. Class Action Details - Shareholders who purchased shares of BBAI during the specified class period are encouraged to register for the class action, with a deadline set for June 10, 2025 [4]. - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case [4]. - There is no cost or obligation for shareholders to participate in this case [4]. Law Firm Information - 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 [5]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements or omissions [5].
Contact The Gross Law Firm by June 10, 2025 Deadline to Join Class Action Against BigBear.ai Holdings, Inc.(BBAI)
Prnewswire· 2025-05-12 09:45
NEW YORK, May 12, 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=147724&from=4CLASS PERIOD: March ...
BBAI INVESTOR ALERT: A Class Action was filed against BigBear.ai Holdings, Inc. for Securities Fraud – Contact BFA Law before June 10 Deadline (NYSE:BBAI)
GlobeNewswire News Room· 2025-05-11 11:37
Core Viewpoint - A lawsuit has been filed against BigBear.ai Holdings, Inc. and its senior executives for potential violations of federal securities laws, specifically under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [1][2]. Group 1: Company Overview - BigBear.ai is an AI-driven technology solutions company that focuses on operationalizing AI for national security, supply chain management, and digital identity and biometrics [3]. - The company went public through a SPAC transaction, merging with GigCapital4 Merger Sub Corporation and subsequently with GigCapital4, Inc. [4]. Group 2: Financial Misstatements - BigBear.ai issued $200 million of unsecured convertible notes with a maturity date of December 15, 2026, but improperly accounted for these notes, leading to misstatements in its financial statements [4]. - On March 18, 2025, BigBear.ai announced a delay in filing its 2024 10-K, stating that certain financial statements since fiscal year 2021 should no longer be relied upon, resulting in a stock price decline of approximately 15% [5]. - Following the filing of the restated 2024 10-K on March 25, 2025, which disclosed a material weakness in internal controls, the stock price fell by about 9% [6].