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INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Rocket Lab USA

1. Faruqi & Faruqi is investigating claims against Rocket Lab for misleading investors. 2. Delays in Neutron rocket tests risk mid-2025 launch timeline. 3. Legal action emphasizes significant past investor losses over $100,000. 4. Heavy trading volume follows report detailing misleading statements by Rocket Lab. 5. Class action deadline to seek lead plaintiff is April 28, 2025.

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FAQ

Why Very Bearish?

The substantial drop in stock price and allegations of misleading information indicate serious investor confidence issues. Similar historic events suggest prolonged recovery times for stock after such allegations.

How important is it?

This article addresses significant investor losses and potential legal ramifications, likely influencing stock performance. Legal matters pose high risks, especially in tech and aerospace sectors where trust and credibility are crucial.

Why Short Term?

Immediate investor reactions could impact stock price significantly due to heightened legal scrutiny. Past examples show that legal actions often lead to short-term volatility.

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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Rocket Lab To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in Rocket Lab between November 12, 2024 and February 25, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 11, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Rocket Lab USA, Inc. (“Rocket Lab” or the “Company”) (NASDAQ: RKLB) and reminds investors of the April 28, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the Company’s plans for three barge landing tests were significantly delayed; (2) a critical potable water problem was not scheduled to be fixed until January 2026, which delayed preparation of the launch pad; (3) as a result of the foregoing, there was a substantial risk that Rocket Lab’s Neutron rocket would not launch in mid-2025; (4) Neutron’s only contract was made at a discount with an unreliable partner; and (5) 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. On February 25, 2025, Bleecker Street Research 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 revealed that the Company’s plans for three barge landing tests, which were originally scheduled to occur in a window between September 2024 and March 2025, had been pushed back to a window beginning in September 2025 and could occur as late as March 2026. The report further revealed significant delays in preparing the Company’s launch pad, including a potable water problem not scheduled to be fixed until January 2026, which would delay launch further. The report also alleged that Company’s only Neutron contract so far is with an “unreliable startup” named E-Space which is described as “risk item.” The report further alleged this “contract is not a full-price deal, contrary to what Rocket Lab has said.” 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, on unusually heavy trading volume. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.   Faruqi & Faruqi, LLP also encourages anyone with information regarding Rocket Lab’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Rocket Lab USA class action, go to www.faruqilaw.com/RKLB or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/263d55b7-9072-4281-8770-859ca3d284fa

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