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

Notice to Shareholders of Lockheed Martin Corporation

The Gross Law Firm issues a warning to shareholders of Lockheed Martin Corporation (NYSE: LMT) regarding a pending class action lawsuit. Investors who acquired shares between January 23, 2024, and July 21, 2025, are encouraged to connect with the law firm for potential lead plaintiff appointments. Being designated a lead plaintiff is not a prerequisite for participation in any potential recovery from the lawsuit.

Key Allegations

The allegations in the complaint highlight several significant failures by Lockheed Martin:
1. Ineffective Internal Controls: It is asserted that Lockheed Martin lacked sufficient internal controls over its supposedly risk-adjusted contracts, particularly concerning the reporting of profit booking rates.
2. Inaccurate Comprehensive Reviews: Lockheed Martin is claimed to have inadequate procedures in place for conducting thorough reviews of program requirements, technical challenges, timelines, and associated risks.
3. Overstated Contractual Commitments: The firm allegedly exaggerated its capacity to fulfill contractual obligations revolving around cost, quality, and schedule reliability.
4. Imminent Significant Losses: Due to the identified failures, the company is likely to report detrimental financial consequences.
5. Misleading Statements: Statements from the defendants regarding the business operations, potentially misleadingly optimistic about the company’s future are under scrutiny, notably lacking a reasonable factual foundation.

Important Dates and Next Steps

The deadline to register for participation as a lead plaintiff is September 26, 2025. Shareholders must register promptly to take part in this class action. Interested parties can submit their information through the designated registration link on the Gross Law Firm's website. Once registered, shareholders will benefit from portfolio monitoring software that provides them with consistent updates throughout the ongoing proceedings of the case.

Why Choose Gross Law Firm?

The Gross Law Firm is a well-respected national firm focused on class action lawsuits, dedicated to safeguarding the rights of investors affected by fraudulent or illegal business practices. The firm is committed to ensuring that corporations adhere to ethical practices and maintain accountability, particularly when misleading statements lead to inflated stock prices and investment losses. They aim to pursue recovery for investors adversely affected by corporate misconduct.

Contact Information

For more details or to register, please reach out to the Gross Law Firm at their New York office. You can also contact them via the provided email or phone number.

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

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