Recent Security Class Actions

Red Cat Holdings Inc. Common Stock (NASDAQ: RCAT)

Company Name:Red Cat Holdings Inc. Common Stock
Stock Symbol:NASDAQ: RCAT
Class Period Start:03/18/2022
Class Period End (inclusive):01/15/2025
Filing Deadline:07/22/2025

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Salt Lake City Facility's production capacity, and Defendants' progress in developing the same, was overstated; (ii) the overall value of the SRR Contract was overstated; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times.