Terran Orbital Corporation Shareholder Deadline Looms For Legal Action
Law firms Squitieri & Fearon LLP and Moore Law PLLC have set a deadline for holders of Terran Orbital Corporation securities as of September 16, 2024, to participate in a legal action related to the company's acquisition by Lockheed Martin.
A legal deadline has been established for shareholders of Terran Orbital Corporation to register their interest in an ongoing class-action lawsuit. The firms Squitieri & Fearon LLP and Moore Law PLLC are representing investors in this matter.
The deadline for record holders of Terran Orbital securities, who held shares on September 16, 2024, and maintained their position through October 30, 2024, is August 28, 2024. This date marks the final opportunity for eligible shareholders to come forward.
The lawsuit stems from allegations concerning the acquisition of Terran Orbital by Lockheed Martin Corporation. Specifically, the action questions the disclosures and information provided to shareholders leading up to and during the acquisition process, which was completed on October 30, 2024.
Investors who meet the specified holding criteria and believe they have suffered damages are encouraged to contact Squitieri & Fearon LLP or Moore Law PLLC to learn more about their rights and the proceedings. The firms are seeking to consolidate claims related to the transaction.