#Class Action #Pomerantz #Rocket Lab

Pomerantz Law Firm Provides Update on Class Action Lawsuit against Rocket Lab USA, Inc.

In an important development for investors in Rocket Lab USA, Inc. (NASDAQ: RKLB), Pomerantz LLP has announced the filing of a class action lawsuit against the company. The allegations center around claims of securities fraud and other unlawful business practices conducted by Rocket Lab and its executives. As this news breaks, Pomerantz has urged affected investors to take immediate action by contacting them to participate in the lawsuit, which highlights the potential risk of financial loss associated with recent developments at the company.

Overview of the Allegations

The lawsuit emerges after a revealing report from Bleeker Street Research published on February 25, 2025, which took aim at Rocket Lab's public representations regarding its upcoming Neutron rocket. The report suggests that the company may have provided misleading information about the anticipated launch date of the Neutron rocket, which was claimed to occur in mid-2025. However, the report indicates that three critical barge landing tests are now delayed and rescheduled to take place between September 2025 and March 2026, pushing the company's timeline significantly.

Moreover, the allegations extended to the company's launch pad preparations, which are also reportedly encountering delays due to unresolved issues. In particular, the report mentions a potable water issue that has been officially scheduled to be rectified only by January 2026. This development could further complicate the company's launch schedule and sow doubts regarding Rocket Lab's operational capabilities.

Adding to the scrutiny, Bleeker Street's report questioned the legitimacy of Rocket Lab's only Neutron contract, which is with a startup named E-Space, described as