Rocket Lab USA(US:RKLB) Prnewswireยท2025-04-11 12:33Core 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][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of purchasers of Rocket Lab securities from November 12, 2024, to February 25, 2025 [1]. - Investors have until April 28, 2025, to seek appointment as lead plaintiff [2]. Group 2: Allegations and Impact - Bleecker Street Research published a report on February 25, 2025, claiming Rocket Lab misled investors about the Neutron rocket's launch prospects and highlighted significant delays in launch pad preparations [3]. - The report indicated that a potable water issue would not be resolved until January 2026, further complicating the launch schedule [3]. - Following the report, Rocket Lab's stock price dropped by $2.21, nearly 10%, closing at $20.28 per share on February 25, 2025 [4].