#United States #New York #Class Action #Gross Law Firm #Lockheed Martin

Important Notice for Lockheed Martin Shareholders

The Gross Law Firm has issued a reminder for all shareholders of Lockheed Martin Corporation (NYSE: LMT) regarding an upcoming deadline in a class action lawsuit. This notice is crucial for those who acquired shares of Lockheed Martin during the specified class period.

Key Details:

• - Class Period: January 23, 2024, to July 21, 2025.
• - Lead Plaintiff Deadline: September 26, 2025.

Allegations:

The legal complaint alleges that during the outlined class period, Lockheed Martin made materially false and misleading statements or failed to disclose essential information. Key points of concern include:
1. Internal Controls: The company allegedly lacked effective internal controls over risk-adjusted contracts, impacting the accuracy of their risk-adjusted profit reporting.
2. Review Procedures: Lockheed Martin may not have had adequate procedures for conducting comprehensive reviews of program requirements and related risks.
3. Contract Commitments: There are assertions that the company overstated its capabilities to fulfill contract obligations regarding cost, quality, and scheduling.
4. Financial Reporting: As a consequence of these issues, significant losses were likely, rendering earlier positive statements about the company's operations misleading.

Action Required:

Shareholders who believe they may qualify are encouraged to contact the Gross Law Firm regarding their potential role as a lead plaintiff. However, it’s important to note that being appointed as a lead plaintiff is not a requirement to participate in any recovery.

Interested parties can find more information and register their status as shareholders through the firm's designated platform. This registration involves subscribing to a portfolio monitoring software that will provide updates as the legal proceedings evolve.

Why Now?

The deadline of September 26, 2025, is fast approaching, and it’s imperative for shareholders to act promptly to secure their rights. Participating in this case is free of charge, with no obligation from the shareholders’ side, allowing for a low-risk avenue to potentially recover losses related to their investments in Lockheed Martin.

About Gross Law Firm:

The Gross Law Firm is widely respected for its commitment to protecting the rights of investors. It is dedicated to ensuring that entities engage in fair business practices and aims to achieve recovery for investors who could have been affected by deceptive or illicit activities. Their extensive experience in class-action law denotes a trustworthy partnership for affected shareholders.

For further inquiries or assistance, shareholders may reach out directly:

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

Investors should remember that previous case outcomes do not guarantee a similar resolution in this lawsuit. Therefore, swift action is critical to navigating this legal landscape competently.