Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Rocket Lab USA, Inc. due to allegations of misleading statements regarding the company's operations and the launch timeline of its Neutron rocket [2][4][5]. Group 1: Allegations Against Rocket Lab - The complaint alleges that Rocket Lab and its executives violated federal securities laws by making false or misleading statements and failing to disclose significant delays in their plans for barge landing tests [4]. - Specific issues include a critical potable water problem that will not be resolved until January 2026, which delays the launch pad preparation, and a substantial risk that the Neutron rocket will not launch in mid-2025 [4][5]. - The only contract for the Neutron rocket is with an unreliable partner, E-Space, and was made at a discount, contrary to Rocket Lab's previous statements [4][6]. Group 2: Market Reaction - Following the publication of a report by Bleecker Street Research, Rocket Lab's stock price fell by $2.21, or 9.8%, closing at $20.28 per share on February 25, 2025, with unusually high trading volume [6]. Group 3: Legal Proceedings - Investors who purchased Rocket Lab securities between November 12, 2024, and February 25, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and the April 28, 2025, deadline to seek lead plaintiff status in the class action [2][7][8].
ONGOING DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Rocket Lab USA