Class Action Filed Against Lockheed Martin Corporation – Investors with Losses Encouraged to Contact Johnson Fistel
Shareholder rights law firm Johnson Fistel, PLLP announces that a class action lawsuit has been filed on behalf of investors who purchased shares of Lockheed Martin Corporation (NYSE: LMT) between January 23, 2024 to July 21, 2025, inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than September 26, 2025.
The class action lawsuit alleges that defendants made false and/or misleading statements and/or failed to disclose that: (1) Lockheed Martin had overstated the strength of its business and financial prospects by overstating the sustainability of its historical financial results, including its growth and profitability; (2) Lockheed Martin had misrepresented and failed to disclose significant problems with the performance of its program and contract portfolio, including persistent internal control deficiencies and the materialization of known adverse trends and uncertainties; and (3) as a result, Lockheed Martin’s public statements were materially false and misleading at all relevant times.