Kessler Topaz Meltzer & Check, LLP Notifies Firefly Aerospace Inc. Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit
Globenewswire·2025-12-10 20:23

Core Viewpoint - A securities class action lawsuit has been filed against Firefly Aerospace Inc. for allegedly making false and misleading statements regarding its business operations and growth prospects during its IPO and subsequent period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Firefly's common stock during the IPO on August 7, 2025, and securities acquired between August 7, 2025, and September 29, 2025 [1]. - The deadline for investors to be appointed as lead plaintiffs is January 12, 2026 [4]. Group 2: Allegations Against Firefly - The complaint alleges that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings [3]. - It is claimed that the Alpha rocket program did not meet its operational readiness and commercial viability as represented [3]. - As a result of these issues, the statements made by Firefly regarding its business and prospects were materially false and misleading [3].

Kessler Topaz Meltzer & Check, LLP Notifies Firefly Aerospace Inc. Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit - Reportify