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FIREFLY AEROSPACE INC. (NASDAQ: FLY) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Firefly Aerospace Inc. Investors of Upcoming Deadline
Globenewswire· 2025-12-08 15:15
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].
Investors in Firefly Aerospace Inc. Should Contact The Gross Law Firm Before January 12, 2026 to Discuss Your Rights - FLY
Prnewswire· 2025-11-20 13:45
Core Viewpoint - The Gross Law Firm has announced a class action lawsuit on behalf of shareholders of Firefly Aerospace Inc. (NASDAQ: FLY) who purchased shares during a specified class period, alleging that the company made materially false and misleading statements regarding its business operations and growth prospects [1][3]. Group 1: Class Action Details - The class period for the lawsuit includes all persons and entities that purchased Firefly common stock during the initial public offering on August 7, 2025, and between August 7, 2025, and September 29, 2025 [2]. - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially be appointed as lead plaintiffs, although this is not required to participate in any recovery [4]. Group 2: Allegations Against Firefly Aerospace - The complaint alleges that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings [3]. - It is claimed that Firefly also overstated the operational readiness and commercial viability of its Alpha rocket program, which could have a material negative impact on the company once revealed [3]. - The lawsuit asserts that the offering documents and public statements made by the defendants during the class period were materially false and misleading, failing to disclose necessary information [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered losses due to deceit, fraud, and illegal business practices [5]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that artificially inflated stock prices [5].