#United States #New York #Class Action #Levi & Korsinsky #Terran Orbital

Important Notice for Terran Orbital Corporation Investors

Investors in Terran Orbital Corporation (NYSE: LLAP) should take immediate action and reach out to Levi & Korsinsky, LLP regarding their rights before November 26, 2024. This communication is crucial, as it involves a class action securities lawsuit that seeks to address grievances from investors who were adversely affected by alleged securities fraud during a specific time frame.

Overview of the Lawsuit

The class action centers around claims that have emerged from activities conducted between August 15, 2023, and August 14, 2024. During this period, it is alleged that the defendants made misleading statements or concealed vital information about the financial health of Terran Orbital. The main points of contention include:

• - The timeline for converting customer contracts into revenue and free cash flow was significantly underestimated, causing unexpected delays.
• - The company lacked sufficient liquidity to manage its operations while awaiting revenues from these contracts.
• - There was a failure to disclose the true extent of the company’s financial struggles, leading to materially false and misleading public statements.

Action Required by Investors

For individuals who have suffered losses during this mentioned timeframe, it is essential to act before the cutoff date. You are encouraged to seek a position as the lead plaintiff in the lawsuit, although doing so is not a requirement to share in any potential recoveries. The firm assures that there will be no costs or obligations incurred by class members, making this an accessible opportunity for those affected.

Contact information for inquiries includes:

• - Joseph E. Levi, Esq. at email: [email protected]
• - Alternatively, you can call their office directly at (212) 363-7500.

Why Choose Levi & Korsinsky?

With over two decades of experience, Levi & Korsinsky has a proven track record in securing significant financial recoveries for shareholders. The firm has been recognized consistently for its expertise in complex securities litigation, earning a place in the Top 50 Report by ISS Securities Class Action Services for seven consecutive years. The firm consists of a dedicated team of over 70 professionals committed to advocating for investor rights.

By reaching out to Levi & Korsinsky, investors may gain insights into their rights and potential compensation pathways without incurring personal costs.

Conclusion

Terran Orbital investors should not delay in seeking assistance before the November deadline. Engaging with legal experts in this matter is essential for anyone wishing to protect their interests and potentially recover losses incurred during the referred period. For more information and to engage with their representation, visit Levi & Korsinsky's website or use the contact details provided above. This is a pivotal moment for affected investors to enact their rights and explore suitable legal avenues.

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As the date nears, it is imperative that Terran Orbital’s investors remain proactive in ensuring their voices are heard and their entitlements are addressed appropriately.