Securities Class Action Lawsuit Filed Against Lockheed Martin Corporation

Strategic Insights -

The Securities Class Action Lawsuit against Lockheed Martin Corporation was announced on September 15, 2025, by Bernstein Liebhard LLP, with a shareholder filing the suit on behalf of investors who purchased or acquired securities of Lockheed Martin Corporation between January 23, 2024, and July 21, 2025. The lawsuit alleges that Defendants made misrepresentations concerning the Company's internal controls regarding its purportedly risk-adjusted contracts, including the reporting of its risk-adjusted profit booking rate. If you purchased or acquired Lockheed Martin securities during this period, you may be eligible to join the class action lawsuit.

Key Takeaways:

  • The Securities Class Action Lawsuit was filed on September 15, 2025, and concerns the period between January 23, 2024, and July 21, 2025.
  • The lawsuit alleges that Lockheed Martin's Defendants made misrepresentations concerning the Company's internal controls regarding its risk-adjusted contracts.
  • The complaint does not specify the amount of damages or the expected outcome.
  • Shareholders who purchased or acquired Lockheed Martin securities during the specified period may join the class action lawsuit.
  • A lead plaintiff is required to file papers by September 26, 2025, to serve as a representative party in directing the litigation.
  • Representation is on a contingency fee basis, with no fees or expenses payable by shareholders.

Statistics:

  • The Firm has recovered over $3.5 billion for its clients since 1993.
  • Bernstein Liebhard LLP has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times.
  • The firm has been listed in The Legal 500 for sixteen consecutive years.

Sources:

  • GlobeNewswire, "Bernstein Liebhard LLP Announces Investigation of Lockheed Martin Corporation (LMT)" (GLOBE NEWSWIRE // 2025-09-15)
  • Lawsuit press release attributed to Bernstein Liebhard LLP (2025)