Core Viewpoint - Firefly Aerospace Inc. is facing a securities fraud class action lawsuit related to its initial public offering and subsequent securities sales, alleging misrepresentations about the demand and growth prospects of its Spacecraft Solutions offerings [4][5]. Group 1: Lawsuit Details - A class action lawsuit was filed in the United States District Court for the Western District of Texas on behalf of investors who purchased Firefly common stock during the initial public offering on August 7, 2025, and securities between August 7, 2025, and September 29, 2025 [4]. - The lawsuit alleges violations of the Securities Act of 1933 and the Securities Exchange Act of 1934 against Firefly and certain senior officers [4]. Group 2: Investor Participation - Investors wishing to serve as lead plaintiff must file papers by January 12, 2026, with the role involving directing the litigation on behalf of other class members [6]. - Participation as a lead plaintiff is not required to share in any potential recovery, and all representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [6]. 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 [7].
FIREFLY AEROSPACE INC. (NASDAQ: FLY) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Firefly Aerospace Inc. Investors of Upcoming Deadline
Globenewswire·2025-12-08 15:15