Shareholder Rights Law Firm Robbins LLP Informs BBAI Investors With Large Losses They Can Lead the Class Action Against BigBear.ai Holdings, Inc.

Core Viewpoint - A class action has been filed against BigBear.ai Holdings, Inc. due to allegations of financial misstatements and the need for restatement of financial statements from fiscal year 2021 onwards [1][2][3]. Group 1: Allegations and Financial Misstatements - The complaint alleges that BigBear failed to disclose deficiencies in its accounting review policies, particularly regarding complex transactions [2]. - It is claimed that BigBear incorrectly accounted for the 2026 Convertible Notes, leading to misstatements in previously issued financial statements [2]. - As a result of these errors, BigBear announced on March 18, 2025, that certain financial statements should no longer be relied upon and would require restatement [3]. Group 2: Impact on Stock and Reporting - Following the announcement of the need for restatement, BigBear's stock price fell by $0.52 per share, or 14.9$2.97 per share on March 18, 2025 [3]. - The company indicated that it would be unable to timely file its Annual Report for 2024 without unreasonable effort or expense due to the identified material error [3]. Group 3: Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must file their papers by June 10, 2025 [4]. - Shareholders can remain absent class members and still be eligible for recovery without taking any action [4].