#Class Action #Pomerantz LLP #Red Cat

Pomerantz Law Firm Launches Class Action Against Red Cat Holdings

On June 27, 2025, Pomerantz LLP officially declared a class action lawsuit targeting Red Cat Holdings, Inc. and select executive officers. This legal action, which has been filed in the United States District Court for the District of New Jersey, is represented under docket number 25-cv-05427. The suit seeks to address grievances from individuals and entities—excluding the defendants—who acquired Red Cat securities from March 18, 2022, to January 15, 2025. The plaintiffs aim to recover damages stemming from alleged violations of federal securities law by the company's leadership during this period.

Investors who bought or otherwise acquired Red Cat securities during the specified time frame must express their desire to the court by July 22, 2025, to be appointed as Lead Plaintiff. Full details and a copy of the complaint can be accessed at Pomerantz Law Firm's website. For inquiries about the action, individuals are encouraged to reach out to Danielle Peyton at [email protected] or via phone at 646-581-9980, toll-free extension 7980.

Overview of Red Cat Holdings

Red Cat Holdings operates within the U.S. drone industry, providing various products and solutions. Notable offerings include the