Investors Notify: Class Action Suit Against Lockheed Martin

Overview of the Class Action Lawsuit
Bragar Eagel & Squire, P.C. has recently announced the initiation of a class action lawsuit against Lockheed Martin Corporation (NASDAQ: LMT). This lawsuit is intended for all individuals and entities that acquired Lockheed Martin securities during the designated class period, which spans from January 23, 2024, to July 21, 2025. The law firm is actively encouraging impacted investors to reach out for further guidance.
What Investors Need to Know
Investors who experienced losses in Lockheed Martin securities during the class period should take swift action. They are advised to contact Brandon Walker or Marion Passmore from Bragar Eagel & Squire directly at (212) 355-4648 to discuss their options and legal rights. The deadline for filing as lead plaintiff in this case is September 26, 2025.
Allegations Against Lockheed Martin
The lawsuit alleges that throughout the class period, Lockheed Martin failed to disclose several material facts that adversely affected investors. Key allegations include the company’s lack of effective internal controls for managing risk-adjusted contracts and its inability to accurately conduct reviews of its operations, leading to misrepresented statements about its business health.
Significant Financial Disclosures
On October 22, 2024, Lockheed Martin disclosed losses amounting to $80 million related to a classified program within the Aeronautics division, which raised concerns over unanticipated costs. This announcement resulted in a notable decrease in share price, falling 6.12% or $37.63, closing at $576.98 in heavy trading volume.
Further Financial Impact
Subsequently, on January 28, 2025, Lockheed Martin reported pre-tax losses of $1.7 billion associated with classified programs across its Aeronautics and Missiles and Fire Control sectors. These financial revelations prompted another significant market reaction, causing shares to drop 9.2% to close at $457.45.
Challenges Ahead for Lockheed Martin
By July 22, 2025, the company faced additional pre-tax losses of $1.6 billion. The revealed reasons included challenges surrounding design, integration, and testing of classified programs. This impacted the overall earnings, leading to a substantial decline in net profitability, which raised further concerns among investors.
What Should Investors Do Next?
If you have incurred losses from Lockheed Martin shares, it’s crucial to act promptly. Long-term shareholders or those who have pertinent information regarding these claims should connect with the legal representatives at Bragar Eagel & Squire. You can reach them via email at investigations@bespc.com or by calling the provided number.
About Bragar Eagel & Squire, P.C.
This law firm specializes in representing both individual and institutional investors, targeting complex litigation in state and federal courts. They have offices across major regions and are recognized nationally for their adept handling of securities and derivative litigation.
Frequently Asked Questions
1. What is the class action lawsuit about?
The lawsuit addresses allegations of material misrepresentation by Lockheed Martin, which adversely affected investors during the specified period.
2. How can I participate in the lawsuit?
Eligible investors should contact Bragar Eagel & Squire for guidance on becoming a lead plaintiff before the deadline.
3. What losses have been reported?
Lockheed Martin has reported significant pre-tax losses across various sectors, totaling billions.
4. Is there a cost to consult with the law firm?
No, there is no cost or obligation for potential clients seeking guidance from Bragar Eagel & Squire.
5. How can I reach the law firm for more information?
Investors can reach out via phone at (212) 355-4648 or through email at investigations@bespc.com.
About The Author
Contact Ryan Hughes privately here. Or send an email with ATTN: Ryan Hughes as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.