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The DJS Law Group Investigating Palantir Technologies Inc (PLTR) For Violations of Securities Laws
Yahoo Finance· 2025-10-17 15:09
Core Insights - Palantir Technologies Inc. is under investigation by the DJS Law Group for potential violations of securities laws on behalf of its investors [1] - The investigation is prompted by a Reuters report highlighting security issues in the US Army's battlefield communication network, which involves Palantir and other companies [2][4] - An internal Army memo raised concerns about the security of the NGC2 platform, stating it cannot control user access or verify software security, although Palantir claims no vulnerabilities were found [3] Company Overview - Palantir Technologies Inc. develops software platforms aimed at counterterrorism investigations and operations, with key products including Gotham, Foundry, Apollo, and the Artificial Intelligence Platform [4] - The company is recognized as one of the hottest mega-cap stocks for 2025, indicating strong market interest and potential growth [1] Investigation Details - The DJS Law Group's investigation focuses on whether Palantir made misleading statements or failed to disclose critical information related to the security concerns raised in the Reuters report [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Palantir Technologies Inc. - PLTR
Prnewswire· 2025-10-08 21:45
Core Insights - Pomerantz LLP is investigating claims on behalf of investors of Palantir Technologies Inc. regarding potential securities fraud or unlawful business practices [1] - An internal U.S. Army memo reported that Palantir's NGC2 platform is considered "very high risk" due to security vulnerabilities, leading to a significant drop in Palantir's stock price [1] Group 1: Investigation Details - The investigation focuses on whether Palantir and its officers or directors have engaged in securities fraud or other unlawful business practices [1] - Investors are encouraged to contact Pomerantz LLP for more information regarding the class action [1] Group 2: Stock Market Impact - Following the news of the security vulnerabilities, Palantir's stock price fell by $13.98 per share, or 7.47%, closing at $173.07 per share on October 3, 2025 [1]