Rocket Lab USA(US:RKLB) Prnewswireยท2025-03-24 09:45Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Rocket Lab USA, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's operations and prospects during a specified class period [1]. Summary by Sections Allegations - The complaint alleges that during the class period from November 12, 2024, to February 25, 2025, Rocket Lab's management made materially false and misleading statements, including: - Significant delays in the plans for three barge landing tests [1] - A critical potable water issue that would not be resolved until January 2026, delaying launch pad preparations [1] - A substantial risk that the Neutron rocket would not launch in mid-2025 due to the above issues [1] - The only contract for Neutron was made at a discount with an unreliable partner [1] - Positive statements about the company's business and prospects were materially misleading and lacked a reasonable basis [1]. Next Steps for Shareholders - Shareholders who purchased shares of RKLB during the specified timeframe are encouraged to register for the class action by April 28, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].