Kehoe Law Firm, P.C. is investigating potential securities fraud claims on behalf of investors of BigBear.ai Holdings, Inc. (“BigBear.ai” or the “Company”) (NYSE: BBAI).
In a March 17, 2025 Notification of Late Filing, BigBear.ai reported that it “. . . requires additional time to complete valuations necessary to determine the impact on the Company’s historical financial statements and to disclose the impact reflective of this change as of and for the fiscal year ended December 31, 2024.”
BigBear.ai also reported in a Form 8-K that “[o]n March 17, 2025 . . . BigBear.ai’s Board of Directors . . . concluded that the Company will need to restate its audited consolidated financial statements for the fiscal years ended December 31, 2022 and 2023 and the interim unaudited consolidated financial statements for each quarterly period in 2023 and in 2024 . . . and that the Prior Financial Statements, as well as the Company’s audited consolidated financial statements for the fiscal year ended December 31, 2021, should no longer be relied upon . . ..”
The stock price of BigBear.ai was down more than 17% after the opening on March 18, 2025.
BigBear.ai investors interested in learning more about the securities fraud investigation can complete Kehoe Law Firm’s Stockholder Information Request form or send us a message to contact an attorney for a free, no-obligation legal evaluation.
For direct inquiries, BigBear.ai shareholders should contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected].
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.
Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.
Kehoe Law Firm’s class action legal services are on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.
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