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INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Firefly Aerospace
Prnewswire· 2026-01-06 14:58
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Firefly Aerospace To Contact Him Directly To Discuss Their OptionsIf you purchased or otherwise acquired: (a) Firefly common stock pursuant and/or traceable to the Offering Documents (defined below) issued in connection with the Company's initial public offering conducted on or about August 7, 2025 (the "IPO" or "Offering"); and/or (b) Firefly securities between August 7, 2025 and September 29 ...
FIREFLY URGENT CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Reminds Firefly Stockholders that a Class Action Lawsuit Has Been Filed Against Firefly Aerospace Inc. and Encourages Investors to Contact the Firm
Globenewswire· 2026-01-05 21:44
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Firefly (FLY) To Contact Him Directly To Discuss Their Options If you purchased or acquired Firefly common stock pursuant and/or traceable to the Offering Documents (defined below) issued in connection with the Company’s initial public offering conducted on or about August 7, 2025 (the “IPO” or “Offering”); and/or (b) Firefly securities between August 7, 2025 and September 29, 2025 and would like to dis ...
Lost Money on Firefly Aerospace Inc.(FLY)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2026-01-05 14:00
NEW YORK, Jan. 5, 2026 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Firefly Aerospace Inc. (NASDAQ: FLY). Shareholders who purchased shares of FLY during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/firefly-aerospace-inc-loss-submission-form/?id=182358&from=4 CLASS PERIOD: This l ...
FLY INVESTOR NOTICE: Firefly Aerospace Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
TMX Newsfile· 2026-01-05 12:05
Core Viewpoint - Firefly Aerospace Inc. is facing a class action lawsuit due to alleged violations of securities laws related to its initial public offering (IPO) and subsequent financial disclosures, which reportedly misrepresented the company's operational readiness and growth prospects [1][3]. Company Overview - Firefly Aerospace operates in the space and defense technology sector, providing mission solutions for national security, government, and commercial customers [2]. Class Action Details - The class action lawsuit, titled Diamond v. Firefly Aerospace Inc., claims that during the class period from August 7, 2025, to September 29, 2025, the company and its executives made false or misleading statements regarding the demand for its Spacecraft Solutions and the viability of its Alpha rocket program [1][3]. - The lawsuit alleges that Firefly Aerospace conducted its IPO on August 7, 2025, issuing approximately 19.3 million shares at an offering price of $45.00 per share [2]. Financial Performance - On September 22, 2025, Firefly Aerospace reported a loss of $80.3 million for Q2 2025, compared to a loss of $58.7 million in Q2 2024. Revenue was reported at $15.55 million, which was below analyst estimates of $17.25 million and represented a 26.2% decline year-over-year [4]. - The revenue from the Spacecraft Solutions segment was particularly concerning, with a reported figure of only $9.2 million, indicating a 49% year-over-year decrease [4]. Stock Price Impact - Following the negative earnings report, Firefly Aerospace's stock price fell by more than 15% [4]. - On September 29, 2025, the company disclosed an issue with the first stage of its Alpha Flight 7 rocket, leading to a further decline in stock price of over 20% [5].
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces that Firefly Aerospace Investors Have Opportunity to Lead Class Action Lawsuit
TMX Newsfile· 2026-01-04 13:02
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace Inc. due to allegations of misleading statements and operational failures that have negatively impacted the company's stock performance and investor confidence [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses in Firefly Aerospace to discuss their legal options, particularly those who purchased shares during the IPO or within the defined class period [1][2]. - A federal securities class action has been filed against Firefly, with a deadline of January 12, 2026, for investors to seek the role of lead plaintiff [2]. Group 2: Financial Performance and Stock Impact - Firefly conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 per share [5]. - In its first earnings report as a public company, Firefly reported a loss of $80.3 million, or $5.78 per share, which was a significant increase from a loss of $58.7 million, or $4.60 per share, in the same quarter of 2024 [6]. - Revenue for the second quarter of 2025 was reported at $15.55 million, falling short of analyst estimates of $17.25 million and representing a 26.2% decline year-over-year [6]. - The Spacecraft Solutions business segment reported revenue of only $9.2 million, indicating a 49% year-over-year decrease [6]. - Following the earnings report, Firefly's stock price dropped by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [7]. - After a subsequent announcement regarding a failure in the Alpha Flight 7 rocket, the stock price fell further by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [8][9]. Group 3: Allegations of Misconduct - The complaint against Firefly alleges that the company and its executives made false or misleading statements regarding the demand for its Spacecraft Solutions and the operational readiness of its Alpha rocket program [4]. - It is claimed that these misrepresentations would likely have a material negative impact on the company once revealed [4].
FLY INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Firefly Aerospace Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Globenewswire· 2026-01-03 02:10
Core Viewpoint - Firefly Aerospace Inc. is facing a class action lawsuit due to alleged violations of securities laws related to its IPO and subsequent financial disclosures, which reportedly misrepresented the company's operational readiness and financial performance [1][3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Diamond v. Firefly Aerospace Inc. and involves purchasers of Firefly Aerospace securities between August 7, 2025, and September 29, 2025 [1]. - The lawsuit alleges that Firefly Aerospace and its executives made false or misleading statements regarding the demand for its Spacecraft Solutions and the viability of its Alpha rocket program [3]. - Investors have until January 12, 2026, to seek appointment as lead plaintiff in the lawsuit [1][6]. Group 2: Financial Performance and Impact - Firefly Aerospace reported a loss of $80.3 million for Q2 2025, compared to a loss of $58.7 million in Q2 2024, alongside revenue of $15.55 million, which was below analyst expectations of $17.25 million and down 26.2% year-over-year [4]. - The Spacecraft Solutions segment reported revenue of only $9.2 million, reflecting a 49% year-over-year decrease [4]. - Following the earnings report, Firefly Aerospace's share price fell by more than 15% [4]. - On September 29, 2025, the company disclosed a significant issue with its Alpha Flight 7 rocket, leading to a further decline in share price by over 20% [5].
Levi & Korsinsky Reminds Firefly Aerospace Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 - FLY
Prnewswire· 2026-01-02 14:00
NEW YORK, Jan. 2, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Firefly Aerospace Inc. ("Firefly Aerospace Inc." or the "Company") (NASDAQ: FLY) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Firefly Aerospace Inc. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of a class consisting of all persons and entities other than defendants that purchased or otherwise acquired: (a) Firefly comm ...
SHAREHOLDER ACTION REMINDER Faruqi & Faruqi, LLP Announces that Firefly Aerospace Investors Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2026-01-01 13:47
Core Viewpoint - Firefly Aerospace is facing significant legal challenges due to allegations of misleading statements regarding its business operations and financial performance, which have led to substantial stock price declines and investor losses [2][4][5]. Financial Performance - Firefly reported a loss of $80.3 million, or $5.78 per share, for Q2 2025, compared to a loss of $58.7 million, or $4.60 per share, in Q2 2024 [4]. - Revenue for Q2 2025 was $15.55 million, falling short of analyst estimates of $17.25 million and down 26.2% from the same quarter in 2024 [4]. - The Spacecraft Solutions business segment generated only $9.2 million in revenue, representing a 49% year-over-year decrease [4]. Stock Price Movement - Following the Q2 earnings report, Firefly's stock price dropped by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [5]. - After the announcement of a failed rocket stage during a test flight, the stock price fell further by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [7]. Legal Proceedings - A class action lawsuit has been initiated against Firefly and its executives for allegedly violating federal securities laws by making false or misleading statements about the company's prospects and operations [2]. - The lead plaintiff in the lawsuit is the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [8].
Firefly Aerospace Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before January 12, 2026 to Discuss Your Rights – FLY
Globenewswire· 2025-12-31 21:11
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][4]. Group 1: Class Action Details - The class action is for individuals 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 [3]. - 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 [5]. Group 2: Allegations Against Firefly Aerospace - The complaint alleges that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings [4]. - It is claimed that Firefly also overstated the operational readiness and commercial viability of its Alpha rocket program [4]. - The lawsuit suggests that these misrepresentations would likely have a material negative impact on the company once revealed [4]. Group 3: Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit and illegal business practices [6]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that led to artificial inflation of stock prices [6].
FLY INVESTOR ALERT: Firefly Aerospace Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Prnewswire· 2025-12-31 13:00
The Firefly Aerospace class action lawsuit alleges that defendants throughout the Class Period and in the IPO's offering documents made false and/or misleading statements and/or failed to disclose that: (i) Firefly Aerospace had overstated the demand and growth prospects for its Spacecraft Solutions offerings; (ii) Firefly Aerospace had overstated the operational readiness and commercial viability of its Alpha rocket program; and (iii) the foregoing, once revealed, would likely have a material negative impa ...