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212-363-7500Expired
Lead Plaintiff Deadline
Jan 1, 1800
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The filed complaint alleges that Northrop Grumman Corporation made materially false and/or misleading statements and/or failed to disclose that: Northrop Grumman issued a press release on April 22, 2025, announcing its financial results for the first quarter of 2025. Among other items, Northrop Grumman reported revenue of $9.47 billion, representing a 7% year-over-year decline and missing consensus estimates by $480 million. The Company's results included a charge of $477 million pretax tied to manufacturing updates related to its B-21 bomber program. On a related earnings call, Northrop Grumman's Chief Executive Officer attributed the "charges on the [B-21 bomber] program" largely to "inflationary factors[.]" Following this news, Northrop Grumman's stock price fell over 12% on the same day.
In order to be eligible to join the NOC class action lawsuit, you must have incurred a loss on shares of Northrop Grumman purchased during the class period listed above.
If you suffered a loss in Northrop Grumman during the relevant time frame or pursuant to the relevant offering(s), you have until January 1, 1800 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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