#United States #New York #Gross Law Firm #Lockheed Martin #Lead Plaintiff

Reminder for Lockheed Martin Shareholders on Lawsuit Deadlines

The Gross Law Firm has issued an important notice for shareholders of Lockheed Martin Corporation (NYSE: LMT), emphasizing the critical date of September 26, 2025, for those considering a lead plaintiff role in an ongoing class action lawsuit against the aerospace and defense giant. This lawsuit stems from allegations that the company misled investors about its internal controls, risk management practices, and the true state of its financial health.

Key Details of the Lawsuit

The allegations specify that throughout the defined class period from January 23, 2024, to July 21, 2025, Lockheed Martin purportedly made materially false and/or misleading statements. Key points raised include:
1. Ineffective Internal Controls: The company was accused of lacking effective internal controls related to financial reporting, which adversely impacted its risk-adjusted contracts.
2. Inaccurate Reviews: It was alleged that Lockheed Martin failed to conduct comprehensive and reasonable reviews of program requirements, technical complexities, and various project risks.
3. Overstated Commitments: The firm is also accused of overstating its capacity to meet contract obligations regarding cost, quality, and timelines.
4. Potential Losses: As a result of these factors, it was claimed that significant losses were likely to occur, painting a dire picture that contradicted the positive public statements made by the company's leadership.
5. Misleading Information: Overall, the claims suggest that investors were misled regarding the company's operations and prospects based on these exaggerated or inaccurate statements.

Next Steps for Shareholders

Shareholders of Lockheed Martin who bought shares within the aforementioned timeline are encouraged to consider registering as lead plaintiffs. Interested individuals do not need to hold this role to participate in any financial recovery related to the lawsuit. Upon registration, participants will receive updates regarding the case's progression through a portfolio monitoring software, facilitating better engagement with the ongoing legal proceedings.

Why It Matters

The Gross Law Firm, recognized nationally for its commitment to defending investors against corporate misconduct, emphasizes the importance of accountability in business practices. As part of its mission, the firm aims to protect the rights of investors who have suffered financial losses due to potential fraud and misinformation disseminated by companies. They encourage affected shareholders to act swiftly, as the deadline approaches rapidly.

The Gross Law Firm reassures its clients that there is no financial obligation required to join the case, providing an accessible avenue for investors to seek redress. The firm has expressed its dedication to ensuring that such incidents do not undermine public trust in corporate governance.

Contact Information

Shareholders interested in learning more or seeking assistance can reach out to the Gross Law Firm using the contact details provided in their release:

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

The Gross Law Firm is steadfast in its mission to ensure that every investor has access to justice and the resources necessary for recovery and accountability.

As the deadline approaches, shareholders should remain proactive in securing their rights and interests in the face of corporate challenges.