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Class action lawsuits

Class Action Lawsuit Filed Against Lockheed Martin Corporation

Strategic Insights

— 2 min read

A class action lawsuit has been filed against Lockheed Martin Corporation, a leading defense contractor, alleging securities law violations. The lawsuit, filed by Bronstein, Gewirtz & Grossman, LLC, seeks to recover damages for investors who purchased the company's securities between January 23, 2024, and July 21, 2025. The complaint alleges that Lockheed Martin made false and misleading statements about its business, operations, and prospects, leading to significant losses.

Key Takeaways:

  • The class action lawsuit was filed by Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm specializing in securities fraud class actions.
  • The lawsuit targets Lockheed Martin Corporation and certain of its officers, alleging violations of federal securities laws.
  • The class period spans from January 23, 2024, to July 21, 2025, and includes all persons and entities that purchased or otherwise acquired Lockheed Martin securities during this time.
  • The complaint alleges that Lockheed Martin failed to disclose material information about its internal controls, program requirements, and contract commitments, leading to misleading statements about the company's business and operations.
  • Investors who suffered losses in Lockheed Martin securities have until September 26, 2025, to request that the Court appoint them as lead plaintiff.
  • There is no cost to investors who choose to participate in the lawsuit, as the firm represents clients on a contingency fee basis.

Statistics:

  • The class action lawsuit covers a period of approximately 18 months, from January 23, 2024, to July 21, 2025.
  • The complaint alleges that Lockheed Martin overstated its ability to deliver on contract commitments, leading to significant losses for investors.
  • Investors who wish to review a copy of the Complaint can visit the firm's website:
  • Peretz Bronstein, Esq., or Nathan Miller, can be contacted for further information at (332) 239-2660.

Sources:

  • "New York, Sept. 01, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Lockheed Martin Corporation ("Lockheed Martin" or "the Company") (NYSE: LMT) and certain of its officers."
  • "Case Details The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) Lockheed Martin lacked effective internal controls regarding its purportedly risk-adjusted contracts, including the reporting of its risk-adjusted profit booking rate; (2) the Company lacked effective procedures to perform reasonably accurate, comprehensive reviews of program requirements, technical complexities, schedules, and risks; (3) Lockheed Martin overstated its ability to deliver on its contract commitments in terms of cost, quality, and schedule; (4) as a result, the Company was reasonably likely to report significant losses; and (5) as a result of the foregoing, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading at all relevant times."

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