Press release
Investigation announced for Long-Term Investors in shares of Rocket Lab USA, Inc. (NASDAQ: RKLB) over potential Wrongdoing
An investigation on behalf of current long term investors in Rocket Lab USA, Inc. (NASDAQ: RKLB) shares.
Investors who are current long term investors in Rocket Lab USA, Inc. (NASDAQ: RKLB) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: RKLB stocks follows a lawsuit filed against Rocket Lab USA, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: RKLB stocks, concerns whether certain Rocket Lab USA, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that, the Defendants failed to disclose to investors that the Company's plans for three barge landing tests were significantly delayed, that a critical potable water problem was not scheduled to be fixed until January 2026, which delayed preparation of the launch pad, that as a result of the foregoing, there was a substantial risk that Rocket Lab's Neutron rocket would not launch in mid-2025, that Neutron's only contract was made at a discount with an unreliable partner, and 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.
Those who purchased shares of Rocket Lab USA, Inc. (NASDAQ: RKLB) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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