Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of BigBear.ai Holdings, Inc. (BBAI) Shareholders

Core Viewpoint - A class action securities lawsuit has been filed against BigBear.ai Holdings, alleging securities fraud that affected investors between March 31, 2022, and March 25, 2025 [1] Group 1: Allegations of Fraud - The lawsuit claims that BigBear.ai Holdings made false statements and concealed deficiencies in accounting review policies related to complex transactions [2] - It is alleged that the company incorrectly determined the treatment of the conversion option within the 2026 Convertible Notes, failing to bifurcate it as required by accounting standards [2] - The errors in accounting led to misstatements in previously issued financial statements, which may require restatement [2] - The inaccuracies in financial statements increased the risk of delays in filing reports with the SEC, rendering public statements materially false and misleading [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 10, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as a leading firm in securities litigation, with a team of over 70 employees [4] - The firm has been ranked in the Top 50 Report by ISS Securities Class Action Services for seven consecutive years, highlighting its expertise in complex securities litigation [4]