A potent mix of factors — rising geopolitical tensions fueling demand for defense-focused satellite systems, rapid digitization driving commercial satellite deployment, and growing government-private partnerships — is accelerating the space race like never before. Within this dynamic landscape, two standout contenders that are capturing market interest are Intuitive Machines (LUNR) and Rocket Lab (RKLB) .While Intuitive Machines focuses on lunar access and exploration, offering lunar payload delivery, data ...

Core Viewpoint - A class action has been filed against Rocket Lab USA, Inc. for allegedly misleading investors regarding its business prospects during a specific period [1][2]. Allegations - The complaint alleges that Rocket Lab failed to disclose significant delays in its plans for three barge landing tests [2]. - A critical potable water issue was not scheduled to be resolved until January 2026, which impacted the launch pad preparation [2]. - Due to these issues, there was a substantial risk that Rocket Lab's Neutron rocket would not launch as planned in mid-2025 [2]. - The only contract for the Neutron rocket was made at a discount with an unreliable partner [2]. - As a result of these factors, the positive statements made by the defendants about the company's business and prospects were materially misleading [2]. Stock Price Impact - Following the revelation of these issues on February 25, 2025, Rocket Lab's stock price dropped by $2.21, or 9.8%, closing at $20.28 per share [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their papers with the court by April 28, 2025 [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Company Background - Robbins LLP is recognized for its leadership in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5].

Core Viewpoint - Rocket Lab USA, Inc. is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934 due to misleading statements regarding the launch of its Neutron rocket and operational delays [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Bray v. Rocket Lab USA, Inc., and covers purchasers of Rocket Lab securities from November 12, 2024, to February 25, 2025 [1]. - Investors have until April 28, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims that Rocket Lab's executives made false statements and failed to disclose significant delays in their operations, including issues with barge landing tests and a critical potable water problem [3]. Group 2: Allegations and Impact - Specific allegations include delays in three barge landing tests, a critical water issue not being resolved until January 2026, and a substantial risk that the Neutron rocket would not launch as planned in mid-2025 [3]. - The lawsuit also mentions that the only contract for the Neutron rocket was made at a discount with an unreliable partner [3]. - Following a report from Bleecker Street Research on February 25, 2025, which claimed Rocket Lab misled investors about the Neutron rocket's launch likelihood, the company's stock price fell nearly 10% [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and is recognized as a leading law firm in securities fraud cases [6]. - The firm has a strong track record, having recovered $6.6 billion for investors in securities-related class action cases over the past four years [6].