Rocket Lab
RKLB
ATLANTA, GA – – (Globe Newswire – February 28, 2025) – – A shareholder class action lawsuit has been filed against Rocket Lab USA, Inc (“Rocket Lab” or the “Company”) (NASDAQ: RKLB). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse facts about Rocket Labs’s business, operations, and prospects, including allegations that: (1) the Company’s plans for three barge landing tests were significantly delayed; (2) a critical potable water problem was not scheduled to be fixed until January 2026, which delayed preparation of the launch pad; (3) as a result of the foregoing, there was a substantial risk that Rocket Lab’s Neutron rocket would not launch in mid-2025; (4) Neutron’s only contract was made at a discount with an unreliable partner; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you bought shares of Rocket Lab between November 12, 2024 and February 25, 2025, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/rocket-lab/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is April 28, 2025.
Registration Deadline
Lead Plaintiff Deadline Has Passed
April 28, 2025