Investors Encouraged to Join Class Action Against Lockheed Martin Corporation Over Alleged Securities Fraud

Class Action Lawsuit Against Lockheed Martin Corporation

On September 2, 2025, Levi & Korsinsky, LLP announced a class action securities lawsuit targetting Lockheed Martin Corporation (NYSE: LMT). The lawsuit aims to recover losses for investors adversely affected by alleged securities fraud that occurred between January 23, 2024, and July 21, 2025. If you are a shareholder who suffered losses during this period, you may be entitled to join the class action.

Background of the Lawsuit

The filed complaint suggests serious breaches by Lockheed Martin, centering on the following allegations:
1. Inadequate Internal Controls: The company is claimed to lack effective internal controls over its risk-adjusted contracts, particularly concerning its profit booking rate.
2. Inaccurate Reviews: There were insufficient procedures to conduct precise assessments of program requirements and associated risks.
3. Overstated Capabilities: Lockheed Martin is alleged to have misrepresented its ability to meet contract commitments regarding cost, quality, and schedules.
4. Reporting of Losses: The company was purportedly on the verge of reporting substantial losses due to these internal failings.
5. Misleading Statements: Prior positive statements made by defendants about the company's business prospects lacked a reasonable factual basis, misleading investors regarding the true state of affairs.

If you believe you were affected by these issues, it is crucial to take action. According to Levi & Korsinsky, investors have until September 26, 2025, to ask the court to appoint them as lead plaintiffs. Joining the class does not necessitate taking on the lead role to benefit from any potential recovery.

Why Participate?

Investing in a class action can offer a cost-effective way for shareholders to seek recovery for their losses without incurring out-of-pocket fees. If you qualify as a class member, there are typically no costs associated with joining the lawsuit, making it an accessible opportunity to potentially reclaim lost investments.

Levi & Korsinsky stands out due to its extensive experience in the field of securities litigation. With over 20 years of operation, the firm has successfully secured hundreds of millions of dollars for investors, establishing a strong reputation in handling complex securities issues. Moreover, for seven consecutive years, the firm has ranked in the top tier of securities litigation firms in the United States by ISS Securities Class Action Services. This track record reinforces the belief that they can provide reliable representation for those affected by the securities fraud issues the claim addresses.

If you would like to learn more and explore whether you are eligible to join the class action, you can fill out a submission form available on their official website or contact Joseph E. Levi, Esq. directly via email at [email protected] or by phone at (212) 363-7500.

Conclusion

As a shareholder in Lockheed Martin Corporation facing potential losses due to alleged misleading statements and internal failings, participating in this class action presents an opportunity to seek justice and potentially recover some of your investments. Don’t hesitate to reach out to Levi & Korsinsky for professional legal counsel and to learn more about your rights as an investor.