Rocket Lab USA(RKLB) Prnewswire·2025-03-19 00:43Core Viewpoint - A class action lawsuit has been filed against Rocket Lab USA, Inc. for allegedly misleading investors regarding its business prospects during a specified period [1][2]. Group 1: Allegations - The lawsuit claims that Rocket Lab failed to disclose significant delays in its plans for three barge landing tests [2] - A critical potable water issue was not scheduled to be resolved until January 2026, which impacted the launch pad preparation [2] - Due to these issues, there is a substantial risk that Rocket Lab's Neutron rocket may not launch as planned in mid-2025 [2] - The only contract for the Neutron rocket was made at a discount with an unreliable partner [2] - The positive statements made by the company regarding its business and prospects were allegedly materially misleading and lacked a reasonable basis [2] Group 2: Market Reaction - Following the revelation of these issues on February 25, 2025, Rocket Lab's stock price dropped by 20.28 per share [3]. Group 3: Legal Proceedings - Shareholders interested in serving as lead plaintiffs must file their papers with the court by April 28, 2025 [4] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4].