Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Rocket Lab USA, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors during a specified class period [1] Group 1: Allegations and Delays - A report by Bleecker Street Research claims Rocket Lab misled investors regarding the launch timeline of its Neutron rocket, which is now delayed to a window starting September 2025 to March 2026 [2] - The report highlighted significant delays in preparing the launch pad, particularly a potable water issue that will not be resolved until January 2026, further postponing the launch [2] - The only contract for the Neutron rocket is with a startup described as unreliable, and the contract is not a full-price deal as previously stated by Rocket Lab [2] Group 2: Class Action Complaint Details - The class action complaint alleges that Rocket Lab made materially false or misleading statements and failed to disclose critical adverse facts about its business and operations [3] - Specific failures include not disclosing the delays in barge landing tests, the critical potable water issue, and the substantial risk of not launching the Neutron rocket in mid-2025 [3] - The complaint asserts that the positive statements made by the defendants regarding the company's prospects were materially misleading and lacked a reasonable basis [3]
ROCKET LAB ALERT: Bragar Eagel & Squire, P.C. is Investigating Rocket Lab USA, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm