FINAL NOTICE: Shareholders Have the Right to Lead the BigBear.ai Holdings, Inc. Securities Lawsuit
LOS ANGELES, June 9, 2025 /PRNewswire/ — The DJS Law Group reminds investors of a class action lawsuit against BigBear.ai Holdings, Inc. ('BigBear' or 'the Company') (NYSE: BBAI) for violations of the federal securities laws.
Shareholders who purchased the Company's securities between March 31, 2022 and March 25, 2025, inclusive (the 'Class Period'), are encouraged to contact the firm before June 10, 2025.
CASE DETAILS: The complaint alleges that the Company made false and misleading statements to the market concerning whether BigBear failed to maintain adequate accounting review policies for the disclosure of non-routine and complex transactions. The Company incorrectly believed the conversion option in its 2026 Convertible Notes qualified for a derivative scope exception Accounting Standards Codification ('ASC') 815-40 and failed to comply with ASC 815-15 on the bifurcation of the conversion option. As a result, the Company misstated multiple items in its previously issued financial statements. The Company would be forced to restate its incorrect financial statements
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
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