NYSE:LMTAerospace & Defense
Lawsuits Over Internal Controls and Contracts Might Change The Case For Investing In Lockheed Martin (LMT)
Several law firms recently announced class action lawsuits against Lockheed Martin, alleging that the company failed to disclose internal control weaknesses and overstated its ability to deliver on contract commitments, following the disclosure of significant pre-tax losses on classified programs in late 2024, early 2025, and July 2025.
These lawsuits claim that Lockheed Martin made materially misleading statements, which has resulted in substantial attention from investors and triggered a...