Recent Security Class Actions

BigBear.ai Inc. Common Stock (NYSE: BBAI)

48 Days left to seek lead plaintiff status.

Company Name:BigBear.ai Inc. Common Stock
Stock Symbol:NYSE: BBAI
Class Period Start:03/31/2022
Class Period End (inclusive):03/25/2025
Filing Deadline:06/10/2025

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) BigBear maintained deficient accounting review policies related to the reporting and disclosure of certain non-routine, unusual, or complex transactions; (ii) as a result, the Company incorrectly determined that the conversion option within the 2026 Convertible Notes qualified for the derivative scope exception under ASC 815-40 and failed to bifurcate the conversion option as required by ASC 815-15; (iii) accordingly, BigBear had improperly accounted for the 2026 Convertible Notes; (iv) the foregoing error caused BigBear to misstate various items in several of the Company's previously issued financial statements; (v) as a result, these financial statements were inaccurate and would likely need to be restated; (vi) BigBear would require extra time and expense to correct the inaccurate financial statements, thereby increasing the risk that the Company would be unable to timely file certain financial reports with the U.S. Securities and Exchange Commission; and (vii) as a result, the Company's public statements were materially false and misleading at all relevant times.

BigBear.ai Inc. Common Stock (NYSE: BBAI) Claim Form

Name(Required)
Address
This field is for validation purposes and should be left unchanged.