Core Viewpoint - A class action lawsuit has been filed against BigBear.ai Holdings, Inc. for alleged misleading statements and accounting errors during the Class Period from March 31, 2022, to March 25, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that BigBear.ai made false and misleading statements regarding its accounting practices, particularly related to the 2026 Convertible Notes [5]. - Specific allegations include deficiencies in accounting review policies and improper accounting for the conversion option within the 2026 Convertible Notes, which led to misstated financial statements [5]. - The lawsuit asserts that these inaccuracies would likely require restatements of financial statements and could delay filings with the SEC, causing investor damages [5]. Group 2: Participation Information - Investors who purchased BigBear.ai securities during the Class Period may be entitled to compensation without upfront costs through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by June 10, 2025, to represent the class in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [4]. - The firm has recovered hundreds of millions of dollars for investors, with notable achievements in previous years, including over $438 million in 2019 alone [4].
ROSEN, LEADING TRIAL ATTORNEYS, Encourages BigBear.ai Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BBAI