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Globe and Mail
14 minutes ago
- Globe and Mail
Lockheed Martin Corporation (LMT) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
Law Offices of Howard G. Smith announces an investigation on behalf of Lockheed Martin Corporation ('Lockheed' or the 'Company') (NYSE: LMT) investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN LOCKHEED MARTIN CORPORATION (LMT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@ by telephone at (215) 638-4847 or visit our website at What Happened? On July 22, 2025, Lockheed released its second quarter 2025 financial results, reporting sharply lower second-quarter earnings, including $1.6 billion in program losses . The Company disclosed it was forced to recognize $950 million in losses related to its Aeronautics Classified program due to 'design, integration, and test challenges, as well as other performance issues' as well as 'significant changes to its processes and testing approach.' The Company also reported $570 million in losses on its Canadian Maritime Helicopter Program due in part to providing 'additional mission capabilities, enhanced logistical support, fleet life extension, and revised expectations regarding flight hours.' The Company further reported a $95 million charge related to its Turkish Utility Helicopter Program due to the 'current status of the program.' The Company stated it is in 'ongoing discussion' with its customers regarding a potential 'restructure' of certain contractual terms and conditions. On this news, Lockheed's stock price fell $49.84, or 10.8%, to close at $410.69 per share on July 22, 2025, thereby injuring investors. Contact Us To Participate or Learn More: If you purchased Lockheed securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Telephone: (215) 638-4847 Email: howardsmith@ Visit our website at:
CBC
22 minutes ago
- CBC
Saskatoon law firm decides against class-action suit for residents who lost homes to wildfires
Social Sharing A Saskatoon law firm that was exploring the possibility of a class-action lawsuit against the provincial government for residents who lost their homes to wildfires in northern Saskatchewan has decided against pursuing it. On July 7, Procido LLP held a webinar for what was expected to be five or six people to provide information about the class-action process. Instead, more than 100 people showed up to share their stories. The law firm told attendees it would make a decision in two weeks about whether or not to proceed with the class-action. The firm conducted an initial legal analysis based on calls, emails, messages and meetings, and reviewed relevant case law and applicable registration, Chad Eggerman, founding partner at Procido LLP, told CBC in an email Tuesday. "We have determined this matter may not lend itself well to a class action that could be resolved in a reasonable time frame," he said, adding that the evaluation suggested the case would be a "long, drawn-out process, potentially lasting decades." Eggerman said that despite the decision, the law firm recognizes there are people who may require legal assistance in relation to the wildfires and is open to those conversations. 'We're not going anywhere': Denare Beach resident Rhonda Werbicki, who lost her house and garage to the Wolf fire in Denare Beach in June, said she found out by email that the class action would not be proceeding. She said the decision didn't surpise her. "I think that is a huge risk to the law firm and like a huge amount of time, you know, like, they're putting in all this work with no guarantee of even any payment," Werbicki said. Werbicki said the class action wasn't just about compensation — she and many others were looking for answers. "I just feel like Scott Moe's response has been … it's just been terrible and I just feel like there's just been no justice for that," she said. Despite the law firm's decision, Werbicki said many of the registrants have not given up their push for accountability from the government. "There's definitely like a bunch of us that are still writing his office constantly. Like we're not going anywhere and I don't know if he realizes that, " she said. Werbicki said she has been a long-time Sask. Party voter, but the way Scott Moe has handled the wildfires this season has changed that. "I think that he's burned a lot of bridges," she said. "I voted for his party. I will never do that again … and I know that sentiment from a lot of people." As new fires start to tear their way through the province's north, Werbicki said she hopes to see better management from the province this time around. She pointed to the Muskeg Fire in the Beauval area, where "there was more response" from the government. "Maybe there was a lesson learned in this," said Werbicki.
Globe and Mail
43 minutes ago
- Globe and Mail
Primoris Services Corporation Schedules Second Quarter 2025 Earnings Conference Call and Webcast
Primoris Services Corporation (NYSE: PRIM) ('Primoris' or 'the Company') today announced it will report second quarter 2025 financial results on Monday, August 4, 2025, after market close. The Company's press release will be available on the Primoris website at In conjunction with the press release, management will host a conference call and webcast on Tuesday, August 5, 2025, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's second quarter 2025 results and business outlook. Interested parties are invited to dial-in at 1-800-715-9871, or from outside the U.S. at 1-646-307-1963, using access code: 1324356, or by asking for the Primoris conference call. A link to the webcast will be accessible from the 'Investors' section of the Company's website at A replay of the conference call will be available Tuesday, August 5, 2025, beginning at 5:00 p.m. U.S. Central Time for seven days. The phone number for the conference call replay is 1-800-770-2030 using access code: 1324356 followed by the # key. The replay of the webcast will also be available on the Company's website following the end of the live call. About Primoris Primoris Services Corporation is a leading provider of critical infrastructure services to the utility, energy, and renewables markets throughout the United States and Canada. We deliver a range of engineering, construction, and maintenance capabilities that power, connect, and enhance society. On projects spanning utility-scale solar, renewables, power delivery, communications, power generation, and transportation infrastructure, we offer unmatched value to our clients, a safe and entrepreneurial culture to our employees, and innovation and excellence to our communities. To learn more, visit and follow us on social media at @PrimorisServicesCorporation.
