According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that:
- Rocket Lab’s plans for three barge landing tests were significantly delayed;
- a critical potable water problem was not scheduled to be fixed until January 2026, which delayed preparation of the launch pad;
- as a result of the foregoing, there was a substantial risk that Rocket Lab’s Neutron rocket would not launch in mid-2025;
- Neutron’s only contract was made at a discount with an unreliable partner; and
- as a result of the foregoing, defendants’ positive statements about Rocket Lab’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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