Lockheed Martin(US:LMT) GlobeNewswire News Room·2025-08-04 12:30Core Viewpoint - A securities fraud class action lawsuit has been filed against Lockheed Martin Corporation, alleging violations of the Securities Exchange Act of 1934 due to misrepresentations regarding the company's internal controls and risk-adjusted profit booking rate [3][4]. Group 1: Lawsuit Details - The lawsuit was initiated on behalf of investors who purchased Lockheed Martin securities between January 23, 2024, and July 21, 2025 [3]. - Defendants in the lawsuit include the company and certain senior officers, accused of making false statements about the company's internal controls [4]. Group 2: Legal Process and Participation - Investors wishing to serve as lead plaintiffs must file necessary documents by September 26, 2025, although participation as a lead plaintiff is not required to share in any potential recovery [5]. - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [5]. Group 3: Law Firm Background - Bernstein Liebhard LLP, the law firm handling the case, has recovered over $3.5 billion for clients since 1993 and has a strong track record in class action litigation [6].