Core Viewpoint - Rocket Lab USA, Inc. is facing a class action lawsuit due to alleged misleading statements regarding delays in its planned barge landing tests and the potential impact on the Neutron rocket launch schedule [3][4]. Group 1: Class Action Details - The class action lawsuit represents investors who purchased Rocket Lab securities between November 12, 2024, and February 25, 2025 [1]. - Investors have until April 28, 2025, to file a lead plaintiff motion [1]. - The lawsuit claims that Rocket Lab failed to disclose significant delays related to critical potable water issues necessary for launch pad preparation, which would not be resolved until January 2026 [3]. Group 2: Impact on Stock Price - Following the publication of a report by Bleecker Street Research on February 25, 2025, which alleged that Rocket Lab misled investors about the Neutron launch timeline, the company's stock price dropped nearly 10% [4]. Group 3: Company Overview - Rocket Lab is an aerospace company that provides launch services and space systems solutions for the space and defense industries [2].
Rocket Lab USA, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. April 28, 2025 Deadline to file Lead Plaintiff Motion