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Class action lawsuits

Lockheed Martin Securities Class Action Lawsuit Filed

Strategic Insights

— 1 min read

The Rosen Law Firm, a global investor rights law firm, has reminded purchasers of Lockheed Martin Corporation (NYSE: LMT) securities between January 23, 2024 and July 21, 2025, of the important September 26, 2025 lead plaintiff deadline. The lawsuit claims that throughout the class period, defendants made false and misleading statements and/or failed to disclose that Lockheed Martin lacked effective internal controls, procedures, and oversight, leading to overstated business prospects and potential significant losses. Investors who purchased Lockheed Martin securities during the class period may be entitled to compensation without payment of any out-of-pocket fees or costs.

Key Takeaways:

  • A class action lawsuit has been filed against Lockheed Martin Corporation (NYSE: LMT) by the Rosen Law Firm, alleging false and misleading statements regarding the company's internal controls, procedures, and oversight.
  • The lawsuit claims that investors suffered damages when the true details of Lockheed Martin's business entered the market.
  • The lead plaintiff deadline is September 26, 2025, and investors must move the court by this date to serve as lead plaintiff.
  • The Rosen Law Firm has a track record of success in leadership roles in securities class actions and shareholder derivative litigation, with recognitions from ISS Securities Class Action Services, Law360, and Super Lawyers.
  • The firm has recovered hundreds of millions of dollars for investors, with over $438 million secured in 2019 and founding partner Laurence Rosen named a Titan of Plaintiffs' Bar in 2020.
  • The lawsuit claims that Lockheed Martin lacked effective internal controls, including risk-adjusted contracts, program requirements, technical complexities, schedule, and risks.
  • The lawsuit also claims that Lockheed Martin overstated its ability to deliver on contract commitments in terms of cost, quality, and schedule.

Statistics:

  • Over $438 million recovered for investors by the Rosen Law Firm in 2019.
  • The Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.
  • 275 Madison Avenue, 40th Floor, New York, NY 10016 is the office address of The Rosen Law Firm, P.A.
  • (212) 686-1060 is the telephone number of The Rosen Law Firm.
  • (866) 767-3653 is the toll-free telephone number of The Rosen Law Firm.

Sources:

  • https://www.twitter.com/rosen_firm
  • https://www.facebook.com/rosenlawfirm/
  • https://www.linkedin.com/company/the-rosen-law-firm
  • [no sources dated after September 2025]

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