#USA #New York #Gross Law Firm #Rocket Lab #RKLB

Class Action Filed Against Rocket Lab USA, Inc.

In a significant move, The Gross Law Firm has announced a class action lawsuit against Rocket Lab USA, Inc. (NASDAQ: RKLB). This action comes in response to alleged misleading statements made by the company during a specified class period from November 12, 2024, to February 25, 2025. The firm is reaching out to shareholders who purchased RKLB shares during this timeframe, urging them to consider their potential participation in the action seeking recovery for their losses.

What Are the Allegations?

According to the legal complaint, serious allegations have been made against Rocket Lab's management. It is claimed that during the class period, the company's leadership issued false statements about their operations and provided unclear information regarding several key developments. These accusations include:

1. Delayed Barge Landing Tests: It is alleged that Rocket Lab's plans for three crucial barge landing tests were notably delayed, which could impact the company's operational capabilities.
2. Potable Water Issues: A significant concern was raised about a potable water problem that remained unresolved until January 2026. This delay is believed to affect the preparation of essential launch facilities, thereby endangering scheduled launches.
3. Launch Risks for Neutron Rocket: The failure to adhere to timelines has raised concerns regarding the company's Neutron rocket, which is now at risk of not launching as planned in mid-2025 due to these setbacks.
4. Unreliable Partnership: Also mentioned in the allegations is the note that the Neutron rocket's only existing contract was signed at a discounted rate and with a partner recognized for its unpredictability, heightening the risk profile of Rocket Lab's operations.
5. Misleading Statements: Overall, the defendants are accused of making positive claims about Rocket Lab’s business prospects that lacked a reliable basis and were misleading.

Important Deadlines

Investors are advised not to delay in registering their information to participate in this lawsuit. The deadline to sign up as a lead plaintiff is set for April 28, 2025. Importantly, individuals looking to join this case are not required to hold lead plaintiff status in order to pursue recovery.

To register or to acquire additional information, affected shareholders can follow this link.

What’s Next for Shareholders?

Once a shareholder registers for the lawsuit, they will receive updates on the case’s progress and will be monitored throughout the entire litigation process. This monitoring service is provided at no cost, ensuring that investors stay informed about developments that could influence their financial interests.

About The Gross Law Firm

The Gross Law Firm is well-known within the legal community for its dedication to representing investors whose assets have been compromised due to unethical or illegal business practices. Their commitment is clear; to assure that companies stand accountable for the accuracy of their public statements and business practices. The Gross Law Firm emphasizes the importance of corporate accountability, vowing to seek recovery for those affected by misinformation.

In conclusion, the unfolding developments around Rocket Lab USA, Inc. and the legal implications surrounding it will undoubtedly remain a point of interest for investors and market analysts alike. Shareholders are encouraged to act promptly and consult with legal professionals to understand their options moving forward.

For more information on this lawsuit or to get in touch with The Gross Law Firm, you can contact them at:

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