Rocket Lab USA(US:RKLB) Prnewswireยท2025-03-24 12:44Core Viewpoint - A securities class action lawsuit has been filed against Rocket Lab USA, Inc. for allegedly misleading investors regarding the launch timeline of its Neutron rocket and other operational delays [1][2][3] Company Overview - Rocket Lab USA, Inc. is facing legal action due to claims of misleading information provided to investors during the class period from November 12, 2024, to February 25, 2025 [1][2] - The company's stock price experienced a significant decline of $2.21, nearly 10%, closing at $20.28 per share on February 25, 2025, following the release of a critical report [3] Operational Delays - A report from Bleecker Street Research indicated that Rocket Lab's plans for three barge landing tests have been postponed from the original schedule of September 2024 to March 2025, now pushed back to at least September 2025, with potential delays extending to March 2026 [2][3] - The report also highlighted delays in preparing the launch pad, specifically citing a potable water issue that is not expected to be resolved until January 2026 [3] Contractual Concerns - The only existing contract for the Neutron rocket is described as a discount deal with an unreliable startup named E-Space, raising concerns about the company's operational reliability [3]