Rocket Lab USA, Inc. (RKLB) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
Rocket Lab USA, Inc. (RKLB) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
BENSALEM, Pa.--(BUSINESS WIRE)-- Law Offices of Howard G. Smith announces an investigation on behalf of Rocket Lab USA, Inc. (“Rocket Lab” or the “Company”) (NASDAQ: RKLB) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ROCKET LAB USA, INC. (RKLB), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On February 25, 2025, Bleecker Street published a report alleging, among other things, that Rocket Lab “has materially misled investors about the likelihood that its Neutron rocket will launch in mid-2025.” The report states that the Company’s plans for three barge landing tests, which were originally scheduled to occur between September 2024 to March 2025, had been pushed back an entire year to begin in September 2025. Additionally, a potable water problem in connection with a bridge widening project is not scheduled to be fixed – a necessary step required for launch – until January 2026. The report also states that the Neutron rocket’s only contract so far is an “unreliable startup” named E-Space, described as “a lot more bluff than substance when it comes to actually getting things done.”
On this news, Rocket Lab’s stock price fell $2.21, or 9.8%, to close at $20.28 per share on February 25, 2025, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Rocket Lab securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250226085124/en/
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
Source: Law Offices of Howard G. Smith