#United States #New York #Class Action #Gross Law Firm #Lockheed Martin

Lockheed Martin Class Action Lawsuit: Important Update for Investors

On September 25, 2025, the Gross Law Firm issued an urgent notification to shareholders of Lockheed Martin Corporation (NYSE: LMT) regarding a class action lawsuit. This legal action presents an opportunity for shareholders who purchased shares between January 23, 2024, and July 21, 2025, to seek potential recovery due to alleged misconduct by the company.

Overview of the Lawsuit

The accusations outlined in the complaint focus on several key areas of concern. It alleges that Lockheed Martin made materially false and misleading statements and failed to disclose critical information about its internal controls and reporting mechanisms. Specifically, the allegations include:

1. Ineffective Internal Controls: The lawsuit claims that Lockheed Martin lacked adequate internal controls concerning its risk-adjusted contracts, which may have led to inaccurate financial reporting.

2. Inadequate Review Procedures: The firm is accused of not having effective procedures in place to conduct thorough and accurate reviews of various aspects of its contracts, including technical requirements and associated risks.

3. Overstated Capabilities: Allegations suggest that Lockheed Martin exaggerated its ability to meet contract commitments in terms of cost management, quality of service, and adherence to schedules.

4. Potential Financial Losses: The complaint asserts that these issues reasonably indicated that the company was likely to report significant financial losses in the future.

5. Misleading Statements: As a result of the previous points, statements made by the defendants about the company's business health were considered materially misleading.

Deadlines & Next Steps for Shareholders

Investors concerned about their rights and recovery must be aware that the deadline for registering as a shareholder in this class action lawsuit is September 26, 2025. It is essential for affected shareholders to act quickly to ensure they do not miss out on this opportunity for justice.

To participate, shareholders are encouraged to register their information at the Gross Law Firm's designated link, which provides important updates throughout the case process. Registration does not necessitate an obligation to seek a lead plaintiff role, as participation can still occur without assuming that position.

Why Turn to Gross Law Firm?

The Gross Law Firm is highly regarded in handling class action lawsuits, emphasizing the protection of investor rights against fraudulent practices. Their mission centers on ensuring that companies adhere to ethical business standards, representing those who have incurred losses due to misleading statements or omissions.

By representing investors, the Gross Law Firm aims to facilitate a recovery process that holds corporate entities accountable for any legal or ethical missteps that have negatively impacted shareholders.

For shareholders wishing to inquire further or seek assistance, the Gross Law Firm can be reached directly via email or phone. Their team is well-equipped to guide you through the complexities of your rights as an investor amidst this legal action.

Contact Information

• - The Gross Law Firm

15 West 38th Street, 12th floor
New York, NY 10018
Email: [email protected]
Phone: (646) 453-8903

In conclusion, Lockheed Martin shareholders should stay informed and register promptly, safeguarding their interests as this class action lawsuit unfolds.