Core Viewpoint - A class action lawsuit has been initiated against Firefly Aerospace Inc. for allegedly issuing misleading statements regarding its business operations and growth prospects, particularly concerning its Spacecraft Solutions and Alpha rocket program [2]. Group 1: Allegations - The complaint claims that Firefly overstated demand and growth prospects for its Spacecraft Solutions offerings [2]. - It is alleged that Firefly misrepresented the operational readiness and commercial viability of its Alpha rocket program [2]. - The lawsuit suggests that these misrepresentations would likely have a significant negative impact on the company once revealed [2]. Group 2: Class Period and Registration - The class period for the lawsuit includes all purchases of Firefly common stock from August 7, 2025, to September 29, 2025 [1]. - Shareholders are encouraged to register for the class action by January 12, 2026, to be eligible for potential recovery [3]. Group 3: Law Firm's Role - The Gross Law Firm is representing the class action, emphasizing its commitment to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].
The Gross Law Firm Reminds Firefly Aerospace Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 - FLY
Prnewswire·2025-11-24 13:45