Rocket Lab USA Faces Class Action Over Alleged Securities Fraud

A class action lawsuit has been filed against Rocket Lab USA Inc. for alleged securities fraud, targeting investors who suffered losses between November 12, 2024, and February 25, 2025. The lawsuit claims that Rocket Lab misled investors by making false statements regarding operational delays, including significant hold-ups in plans for barge landing tests and critical issues with the launch pad preparation. It specifically highlights that the company's Neutron rocket may not launch as expected in mid-2025 due to these delays and that its only contract is with an unreliable partner at a discounted rate. Multiple law firms, including Levi & Korsinsky, Bronstein, Gewirtz & Grossman, and Berger Montague, are representing affected investors, emphasizing that there are no costs involved in participating in the lawsuit. Investors have until April 28, 2025, to apply for lead plaintiff status. The allegations, if proven, could severely impact Rocket Lab's reputation and stock performance.