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FLY INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Firefly Aerospace Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-11-16 17:00
Core Points - A class action lawsuit has been filed against Firefly Aerospace Inc. 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 IPO on August 7, 2025, and within the class period ending 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 that Firefly overstated demand for its Spacecraft Solutions, the operational readiness of its Alpha rocket program, and that these misrepresentations would likely have a material negative impact on the Company [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Firefly have until January 12, 2026, to request appointment as lead plaintiff in the class action [4]. - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if the case is successful [5]. Group 3: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in securities fraud class actions and has recovered hundreds of millions of dollars for investors [6].
FLY Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Firefly Aerospace Inc. (FLY) - Contact Kessler Topaz Meltzer & Check, LLP
Prnewswire· 2025-11-16 16:17
Core Viewpoint - A securities class action lawsuit has been filed against Firefly Aerospace Inc. for allegedly making false and misleading statements regarding its business operations and growth prospects during its IPO and subsequent period [1][2]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Firefly's common stock during the IPO on August 7, 2025, and securities acquired between August 7, 2025, and September 29, 2025 [1]. - The lead plaintiff deadline for the lawsuit is set for January 12, 2026 [1][3]. Group 2: Allegations Against Defendants - The complaint alleges that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings [2]. - It is claimed that the Alpha rocket program did not meet its operational readiness and commercial viability as represented [2]. - As a result of these issues, the statements made by the defendants regarding the company's business and prospects were materially false and misleading [2]. Group 3: Lead Plaintiff Process - Investors may seek to be appointed as a lead plaintiff representative of the class by the deadline or may choose to remain absent [3]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest in the case [3]. Group 4: Law Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm encourages affected investors to contact them for more information regarding the lawsuit [4].
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Firefly Aerospace
Newsfile· 2025-11-16 13:29
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace Inc. due to allegations of misleading statements and operational issues that have negatively impacted the company's stock performance and investor confidence [2][5]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses in Firefly Aerospace to contact them regarding their legal options, particularly in light of a federal securities class action filed against the company [1][2]. - The deadline for investors to seek the role of lead plaintiff in the class action is January 12, 2026 [2]. Group 2: Financial Performance and Stock Impact - Firefly Aerospace conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 per share [6]. - In its first earnings report as a public company on September 22, 2025, Firefly reported a loss of $80.3 million, or $5.78 per share, compared to a loss of $58.7 million, or $4.60 per share, in the same quarter of 2024 [7]. - Revenue for the second quarter of 2025 was $15.55 million, below analyst estimates of $17.25 million and down 26.2% year-over-year [7]. - The Spacecraft Solutions business segment reported revenue of only $9.2 million, representing a 49% year-over-year decrease [7]. - Following the earnings report, Firefly's stock price fell by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [8]. - On September 29, 2025, Firefly disclosed a failure in the first stage of its Alpha Flight 7 rocket, leading to further concerns about the company's technology and commercial commitments [9][10]. - This news caused Firefly's stock price to drop by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [10]. Group 3: Allegations Against Firefly - The complaint against Firefly alleges that the company overstated demand and growth prospects for its Spacecraft Solutions offerings and the operational readiness of its Alpha rocket program [5]. - It is claimed that these misrepresentations would likely have a material negative impact on the company once revealed, affecting the integrity of the Offering Documents and public statements made during the class period [5].
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Firefly
Newsfile· 2025-11-15 13:04
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace Inc. due to allegations of misleading statements and operational issues that have negatively impacted the company's stock performance and investor confidence [2][5]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses in Firefly Aerospace to contact them regarding their legal options, particularly in light of a federal securities class action filed against the company [1][2]. - The deadline for investors to seek the role of lead plaintiff in the class action is January 12, 2026 [2]. Group 2: Allegations Against Firefly Aerospace - The complaint alleges that Firefly and its executives violated federal securities laws by making false or misleading statements regarding the demand for its Spacecraft Solutions and the operational readiness of its Alpha rocket program [5]. - It is claimed that these misrepresentations would likely have a material negative impact on the company once revealed [5]. Group 3: Financial Performance - Firefly conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 per share [6]. - In its first earnings report as a public company, Firefly reported a loss of $80.3 million, or $5.78 per share, which is an increase from a loss of $58.7 million, or $4.60 per share, in the same quarter of 2024 [7]. - Revenue for the second quarter of 2025 was reported at $15.55 million, below analyst estimates of $17.25 million, and down 26.2% year-over-year [7]. Group 4: Stock Price Impact - Following the earnings report, Firefly's stock price fell by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [8]. - After a subsequent announcement regarding a failure in the Alpha Flight 7 rocket test, the stock price dropped further by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [10].
NASDAQ: FLY: Kessler Topaz Meltzer & Check, LLP Announces the Filing of a Securities Class Action Lawsuit Against Firefly Aerospace Inc. (FLY)
Businesswire· 2025-11-14 16:24
You can also contact attorney Jonathan Naji, Esq.by calling (484) 270-1453 or by email at info@ktmc.com. DEFENDANTS' ALLEGED MISCONDUCT: CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Firefly losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/firefly-aerospace-inc?utm_source=Businesswire&mktm=PR The complaint alleges that, in the Offering Documents and throughout the Class Period, Defendants made false and/or misleading statements a ...
FLY DEADLINE: Faruqi & Faruqi Reminds Firefly Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 - FLY
Prnewswire· 2025-11-14 15:07
Core Viewpoint - Firefly Aerospace Inc. is facing a federal securities class action lawsuit due to allegations of misleading statements regarding its business operations and financial performance, particularly concerning its Spacecraft Solutions offerings and Alpha rocket program [4][2]. Group 1: Company Overview - Firefly Aerospace conducted its initial public offering (IPO) on August 7, 2025, selling 19.296 million shares at a price of $45.00 per share [5]. - The company reported a significant loss of $80.3 million, or $5.78 per share, for Q2 2025, which was an increase from a loss of $58.7 million, or $4.60 per share, in Q2 2024 [6]. Group 2: Financial Performance - Firefly's revenue for Q2 2025 was $15.55 million, falling short of analyst estimates of $17.25 million and representing a 26.2% decrease from the same quarter in 2024 [6]. - The revenue from the Spacecraft Solutions segment was particularly concerning, reported at only $9.2 million, indicating a 49% year-over-year decline [6]. Group 3: Stock Performance - Following the Q2 earnings report, Firefly's stock price dropped by $7.58, or 15.31%, closing at $41.94 on September 23, 2025 [7]. - After the announcement of a failed rocket test on September 29, 2025, the stock price fell further by $7.66, or 20.73%, closing at $29.30 on September 30, 2025 [9]. Group 4: Legal Proceedings - The law firm Faruqi & Faruqi, LLP is investigating potential claims against Firefly and has set a deadline of January 12, 2026, for investors to seek the role of lead plaintiff in the class action [2]. - The lawsuit alleges that Firefly and its executives made false or misleading statements regarding the demand for its products and the operational readiness of its rocket program, which could have a material negative impact on the company [4].
FLY INVESTOR ALERT: Firefly Aerospace Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - RGRD Law
Globenewswire· 2025-11-13 21:35
SAN DIEGO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Firefly Aerospace Inc. (NASDAQ: FLY): (i) securities between August 7, 2025 and September 29, 2025, inclusive (the “Class Period”); and/or (ii) common stock pursuant and/or traceable to Firefly Aerospace’s offering documents issued in connection with Firefly Aerospace’s August 7, 2025 initial public offering (the “IPO”), have until January 12, 2026 to seek appointment as le ...
FLY Stockholder Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Securities Class Action Against Firefly Aerospace Inc.
Globenewswire· 2025-11-13 13:19
SAN DIEGO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased Firefly Aerospace Inc. (NASDAQ: FLY) (a) common stock pursuant to the Offering Documents issued in connection with the Company's initial public offering ("IPO") on August 7, 2025, or (b) securities between August 7, 2025 and September 29, 2025. Firefly operates as a space and defense technology company and purports to “provid[e] mission solutions for national s ...
Portnoy Law Firm Announces Class Action on Behalf of Firefly Aerospace, Inc. Investors
Globenewswire· 2025-11-12 20:49
Core Viewpoint - Firefly Aerospace, Inc. is facing a class action lawsuit due to alleged misrepresentations regarding its IPO and subsequent financial performance, which has led to significant stock price declines for investors [1][3][4]. Summary by Sections Class Action Details - The Portnoy Law Firm is advising investors who purchased Firefly securities between August 7, 2025, and September 29, 2025, to consider joining a class action lawsuit, with a deadline for filing a lead plaintiff motion set for January 12, 2026 [1]. Allegations of Misrepresentation - The complaint claims that the Offering Documents related to Firefly's IPO were negligently prepared, failing to disclose critical information about the company's growth prospects and operational readiness of its Alpha rocket program [3]. Financial Performance Impact - On September 22, 2025, Firefly reported disappointing financial results for Q2 2025, resulting in a stock price drop of $7.58 per share (15.31%) to close at $41.94 on September 23, 2025. Following a further disclosure on September 29, 2025, regarding an incident with the Alpha Flight 7 rocket, the stock fell an additional $7.66 per share (20.73%) to close at $29.30 on September 30, 2025 [4]. - As of the filing of the complaint, Firefly's stock price was trading significantly below the $45.00 per share Offering price, indicating substantial losses for investors [4]. Legal Representation - The Portnoy Law Firm has a history of recovering over $5.5 billion for investors affected by corporate wrongdoing, indicating a strong capability in handling such cases [5].
INVESTOR ALERT: Morris Kandinov LLP Investigating Firefly Aerospace Inc. (FLY); Investors with Losses Encouraged to Contact Firm
Newsfile· 2025-11-12 17:50
INVESTOR ALERT: Morris Kandinov LLP Investigating Firefly Aerospace Inc. (FLY); Investors with Losses Encouraged to Contact FirmNovember 12, 2025 12:50 PM EST | Source: Morris Kandinov LLPSan Diego, California--(Newsfile Corp. - November 12, 2025) - National law firm Morris Kandinov has recovered millions of dollars for shareholders and is recognized as a Top 25 Firm in the 2024 ISS Securities Class Action Services Report. If you purchased shares of Firefly Aerospace Inc. (NASDAQ: FLY), contac ...