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: Lawsuit Details - The complaint claims that BigBear.ai Holdings had inadequate accounting review policies for reporting and disclosing certain complex transactions [2]. - It is alleged that the company incorrectly accounted for the 2026 Convertible Notes, failing to separate the conversion option as required by accounting standards [2]. - The errors led to misstatements in previously issued financial statements, which may need to be restated, increasing the risk of delayed filings with the SEC [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until June 10, 2025, to request appointment as lead plaintiff, although participation does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Legal Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the U.S. [4].
BBAI LAWSUIT ALERT: Levi & Korsinsky Notifies BigBear.ai Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline