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LMT Stockholder Notice: Robbins LLP Reminds Investors of the Class Action Lawsuit Against Lockheed Martin Corporation
GlobeNewswire News Room· 2025-08-04 14:09
All representation is on a contingency fee basis. Shareholders pay no fees or expenses. SAN DIEGO, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Lockheed Martin Corporation (NYSE: LMT) securities between January 23, 2024 and July 21, 2025. Lockheed Martin is an aerospace defense company. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Al ...
The Gross Law Firm Reminds Lockheed Martin Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 26, 2025 - LMT
Prnewswire· 2025-08-04 12:45
NEW YORK, Aug. 4, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lockheed Martin Corporation (NYSE: LMT).Shareholders who purchased shares of LMT 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/lockheed-martin-corporation-loss-submission-form/?id=159231&from=4 CLASS PERIOD: J ...
LOCKHEED MARTIN CORPORATION (NYSE: LMT) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Lockheed Martin Corporation Investors of Upcoming Deadline
GlobeNewswire News Room· 2025-08-04 12:30
Core Viewpoint - A securities fraud class action lawsuit has been filed against Lockheed Martin Corporation, alleging violations of the Securities Exchange Act of 1934 due to misrepresentations regarding the company's internal controls and risk-adjusted profit booking rate [3][4]. Group 1: Lawsuit Details - The lawsuit was initiated on behalf of investors who purchased Lockheed Martin securities between January 23, 2024, and July 21, 2025 [3]. - Defendants in the lawsuit include the company and certain senior officers, accused of making false statements about the company's internal controls [4]. Group 2: Legal Process and Participation - Investors wishing to serve as lead plaintiffs must file necessary documents by September 26, 2025, although participation as a lead plaintiff is not required to share in any potential recovery [5]. - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [5]. Group 3: Law Firm Background - Bernstein Liebhard LLP, the law firm handling the case, has recovered over $3.5 billion for clients since 1993 and has a strong track record in class action litigation [6].
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Lockheed Martin Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – LMT
GlobeNewswire News Room· 2025-08-04 03:47
Core Viewpoint - A class action lawsuit has been filed against Lockheed Martin Corporation for alleged misleading statements and lack of effective internal controls during the Class Period from January 23, 2024, to July 21, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Lockheed Martin made false and misleading statements regarding its internal controls and risk management practices [5]. - Allegations include the company's inability to accurately report its risk-adjusted profit booking rate and overstatements of its contract delivery capabilities [5]. - The lawsuit asserts that these misrepresentations likely led to significant financial losses for investors when the true situation was revealed [5]. Group 2: Class Action Participation - Investors who purchased Lockheed Martin securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by submitting a form or contacting the law firm for more information [3][6]. - A lead plaintiff must be appointed by September 26, 2025, to represent the interests of the class members [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4]. - The firm has been recognized for its leadership in securities class action settlements and has consistently ranked among the top firms in this area since 2013 [4].
LMT Investors Have the Opportunity to Lead the Lockheed Martin Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
Prnewswire· 2025-08-03 14:55
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Lockheed Martin Corporation due to significant financial losses and alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by September 26, 2025 [2][4]. Group 1: Financial Losses and Stock Performance - Lockheed Martin announced pre-tax losses of $1.7 billion on January 28, 2025, attributed to classified programs, with $555 million in losses from the Aeronautics program and approximately $1.3 billion from the Missiles and Fire Control business [6]. - Following the announcement of these losses, Lockheed Martin's share price dropped by $46.24, or 9.2%, closing at $457.45 on January 28, 2025 [7]. - On July 22, 2025, the company disclosed an additional $1.6 billion in pre-tax losses, including $950 million related to its Aeronautics Classified program, leading to a further decline in share price by $49.79, or 10.8%, to close at $410.74 [9]. Group 2: Allegations of Misconduct - The complaint against Lockheed Martin alleges that the company and its executives made false or misleading statements regarding internal controls, risk management, and the ability to meet contract commitments, which misled investors about the company's financial health [4]. - Specific allegations include a lack of effective internal controls over risk-adjusted contracts and an overstatement of the company's ability to deliver on cost, quality, and schedule commitments [4]. Group 3: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $75,000 between January 23, 2024, and July 21, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options [1]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Lockheed Martin's conduct to support the investigation [11].
LMT INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Lockheed Martin Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-08-01 20:30
SAN DIEGO, Aug. 01, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Lockheed Martin Corporation (NYSE: LMT) securities between January 23, 2024 and July 21, 2025, both dates inclusive (the “Class Period”), have until September 26, 2025 to seek appointment as lead plaintiff of the Lockheed Martin class action lawsuit. Captioned Khan v. Lockheed Martin Corporation, No. 25-cv-06197 (S.D.N.Y.), the Lockheed Martin class action lawsuit charges L ...
Levi & Korsinsky Reminds Lockheed Martin Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 26, 2025 - LMT
Prnewswire· 2025-08-01 13:00
NEW YORK, Aug. 1, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Lockheed Martin Corporation ("Lockheed Martin Corporation" or the "Company") (NYSE: LMT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lockheed Martin Corporation investors who were adversely affected by alleged securities fraud between January 23, 2024 and July 21, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk ...
美军证实:F-35坠毁
中国基金报· 2025-07-31 22:59
Core Viewpoint - The article discusses the recent crash of an F-35 fighter jet in California, the implications for the U.S. Air Force's procurement plans, and the delays in software upgrades affecting the F-35 program [1][2]. Group 1: Incident Details - An F-35 fighter jet crashed near Lemoore Naval Air Station in California on July 31, with the pilot successfully ejecting and no other injuries reported [1]. - The cause of the crash is under investigation, and no further details have been released by the military or Lockheed Martin [1]. Group 2: Procurement Implications - The U.S. Air Force has reduced its planned procurement of F-35 jets to 24 units in its 2026 budget proposal, which is half of the previous year's plan and lower than the 44 jets procured in 2025 [1]. - The reduction is attributed to dissatisfaction with delays in the Block 4 upgrade configuration and adjustments in the Pentagon's budget [1][2]. Group 3: Software and Hardware Delays - The U.S. Department of Defense has delayed the delivery of F-35 jets due to software improvement delays, withholding up to $5 million in final payments per aircraft until Lockheed Martin demonstrates that upgrades can support intensive training and combat operations [2]. - The Air Force Chief of Staff emphasized the need for the F-35s to address urgent threats, indicating that delays in Block 4 and TR-3 upgrades have influenced procurement decisions [2].
Investor Alert: Robbins LLP Informs Investors of the Lockheed Martin Corporation Class Action Lawsuit
Prnewswire· 2025-07-31 22:02
Core Viewpoint - A class action lawsuit has been filed against Lockheed Martin Corporation, alleging that the company misled investors regarding its business prospects and internal controls [1][2]. Allegations - The complaint states that Lockheed Martin failed to disclose several critical issues, including: - Inefficient internal controls related to risk-adjusted contracts and profit booking rates [2] - Lack of effective procedures for comprehensive reviews of program requirements and risks [2] - Overstatement of its ability to meet contract commitments in terms of cost, quality, and schedule [2] - Likelihood of reporting significant losses as a result of these issues [2] Financial Impact - On July 22, 2025, Lockheed Martin disclosed an additional $1.6 billion in pre-tax losses on classified programs, which included: - $950 million in losses from the Aeronautics Classified program - $570 million in losses from the Canadian Maritime Helicopter Program - $95 million charge related to the Turkish Utility Helicopter Program - Following this announcement, the company's share price dropped by $49.79, or over 10%, closing at $410.74 [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their papers by September 26, 2025 [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [5].
Lockheed Martin (LMT) Faces Investor Scrutiny Over Company's Disclosures About Aeronautics and RMS Segments' Performance, Securities Class Action Pending -- Hagens Berman
GlobeNewswire News Room· 2025-07-31 20:43
SAN FRANCISCO, July 31, 2025 (GLOBE NEWSWIRE) -- A securities class action lawsuit styled Khan v. Lockheed Martin Corporation, et al., No. 1:25-cv-06197 (S.D.N.Y.) has been filed and seeks to represent investors who purchased or otherwise acquired Lockheed Martin Corporation (NYSE: LMT) securities between January 23, 2024 and July 21, 2025. The lawsuit comes in the wake of Lockheed’s Q2 2025 financial results, which resulted in the price of the company shares falling almost 11% on July 22, 2025. National sh ...