Terran Orbital Corporation Lawsuit Submission Form
Company: Terran Orbital Corporation
Ticker: (NYSE) LLAP
Deadline
Passed
Lead Plaintiff Deadline: November 26, 2024
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Allegations
The filed complaint alleges that Terran Orbital Corporation made materially false and/or misleading statements and/or failed to disclose that: (i) it would take much longer than defendants had represented to investors and analysts for Terran to convert its contracts with its customers (collectively, “Customer Contracts”) into revenue and free cash flow; (ii) Terran did not have adequate liquidity to operate its business while waiting for the Customer Contracts to generate revenue and free cash flow; (iii) Terran had concealed the true scope and severity of its dire financial situation; and (iv) as a result of the foregoing, Terran’s public statements were materially false and misleading at all relevant times.