Firefly Aerospace Faces Class Action Over Alleged Misleading IPO Statements

Reuters
2025.12.17 12:54
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A class action lawsuit has been filed against Firefly Aerospace Inc. for allegedly making false and misleading statements about its business prospects, including overstating demand and growth for its Spacecraft Solutions and the readiness of its Alpha rocket program. The lawsuit affects investors who purchased stock during its IPO and between August 7, 2025, and September 29, 2025. The company's offering documents and public statements are claimed to be materially false or misleading.