Core Viewpoint - BigBear.ai Holdings, Inc. is under investigation for potential violations of federal securities laws and unlawful business practices following the disclosure of restated financial statements [1][2]. Financial Disclosure - On March 18, 2025, BigBear announced that certain financial statements since fiscal year 2021 should no longer be relied upon and would be restated due to issues related to the accounting treatment of convertible notes due in 2026 [2]. - Following this announcement, BigBear's stock price dropped by 2.97 per share on the same day [2]. Legal Investigation - Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of BigBear stockholders who may have suffered losses due to the company's financial disclosures [1][3]. - The law firm is reaching out to long-term stockholders and those with information regarding the situation to participate in the investigation [3].
BIGBEAR ALERT: Bragar Eagel & Squire, P.C. is Investigating BigBear.ai Holdings, Inc. on Behalf of BigBear Stockholders and Encourages Investors to Contact the Firm