Companies

Rosen Law Firm Urges Rocket Lab USA, Inc. Investors to Take Action Before Class Action Deadline

Published March 21, 2025

NEW YORK, March 20, 2025 (GLOBE NEWSWIRE) --

WHY: The Rosen Law Firm, a prominent firm specializing in investor rights, is advising those who purchased securities of Rocket Lab USA, Inc. (NASDAQ: RKLB) between November 12, 2024, and February 25, 2025, inclusive (known as the "Class Period"), to be aware of the critical April 28, 2025 lead plaintiff deadline.

SO WHAT: Investors who bought Rocket Lab securities during this Class Period may have a right to compensation. Notably, this can be achieved without incurring any upfront out-of-pocket costs through a contingency fee agreement.

WHAT TO DO NEXT: Interested individuals can join the Rocket Lab class action by visiting this link or by contacting Phillip Kim, Esq. via toll-free call at 866-767-3653 or by email at [email protected]. A class action lawsuit has already been initiated. If you aim to be the lead plaintiff, it's essential to file your motion with the Court by April 28, 2025. A lead plaintiff acts on behalf of all class members in directing the legal action.

WHY ROSEN LAW: The firm encourages investors to choose experienced legal counsel with a proven track record in securing successful outcomes. Many firms that advertise services may lack the necessary resources or experience and are mainly intermediaries that connect clients with litigators. It's crucial to select the right legal representation. The Rosen Law Firm provides legal services globally, focusing on securities class actions and shareholder derivative cases. The firm has a notable history, including achieving the largest settlement against a Chinese company at that time. It was ranked as the top firm by ISS Securities Class Action Services in 2017 for the number of settlements and has consistently ranked among the top 4 firms since 2013, recovering hundreds of millions for investors. In 2019, the firm alone secured over $438 million for clients. In recognition of his contributions, founding partner Laurence Rosen was named a Titan of the Plaintiffs' Bar in 2020.

DETAILS OF THE CASE: The lawsuit alleges that during the Class Period, Rocket Lab's management made several false and misleading statements and also failed to disclose critical information, including: (1) delays in the plans for three barge landing tests; (2) a significant potable water issue that would not be resolved until January 2026, impacting launch pad preparations; (3) a considerable risk that the Neutron rocket would not be launched by mid-2025; (4) the only contract for the Neutron rocket being at a discounted rate with an unreliable partner; and (5) the misleading nature of positive statements regarding Rocket Lab's business and prospects due to these issues. As the truth emerged, affected investors reportedly suffered damages.

To join the Rocket Lab class action, follow this link or contact Phillip Kim, Esq. at 866-767-3653 or via email at [email protected].

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you choose to retain one. You have the option to select your legal counsel or to remain an absent class member without taking action at this time. Notably, an investor's ability to partake in any future recovery is not dependent on serving as the lead plaintiff.

Stay updated by following the firm on LinkedIn, Twitter, or Facebook.

Attorney Advertising. Past results do not guarantee a similar outcome.

-------------------------------

Contact Information:

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll-Free: (866) 767-3653

Fax: (212) 202-3827

[email protected]

www.rosenlegal.com

Rocket, Lab, Securities, Class, Action