Bronstein, Gewirtz & Grossman LLC Urges Firefly Aerospace Inc. Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire·2025-12-25 17:00

Core Viewpoint - A class action lawsuit has been filed against Firefly Aerospace Inc. and certain officers for alleged violations of federal securities laws related to its IPO and subsequent securities transactions [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Firefly securities during the Class Period from August 7, 2025, to September 29, 2025 [2]. - The Complaint alleges that the Offering Documents were negligently prepared, containing untrue statements of material fact and omitting necessary information, thus misleading investors [3]. - Specific allegations include overstated demand for Spacecraft Solutions, overstated operational readiness of the Alpha rocket program, and the potential material negative impact on the company once these facts were revealed [3]. Group 2: Investor Information - Investors wishing to join the lawsuit must act by January 12, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require this role [4]. - The law firm representing the investors operates on a contingency fee basis, meaning they will only recover costs if successful in the lawsuit [5]. Group 3: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm specializing in securities fraud class actions and has recovered hundreds of millions for investors [6]. - The firm emphasizes its commitment to restoring investor capital and ensuring corporate accountability to maintain market integrity [6].