Rocket Lab USA, Inc. (NASDAQ: RKLB)

This lawsuit is for anyone who acquired securities in Rocket Lab USA, Inc. (NASDAQ: RKLB) from November 12, 2024 through February 25, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to timely inform investors that the Company’s Neutron rocket would not launch in mid-2025, as the Company previously asserted.

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, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Rocket Lab USA, Inc. (NASDAQ: RKLB) from November 12, 2024 through February 25, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.