NEW YORK, May 25, 2025 — The Rosen Law Firm, a global investor rights law firm, is reminding investors who purchased securities of BigBear.ai Holdings, Inc. (NYSE: BBAI) between March 31, 2022, and March 25, 2025, that the deadline to apply to be lead plaintiff in the class action lawsuit is June 10, 2025.
Investors who bought BigBear.ai securities during this period may be entitled to compensation without paying any out-of-pocket fees through a contingency fee arrangement. A class action lawsuit has already been filed, and investors wishing to serve as lead plaintiff must move the court by the June 10, 2025 deadline. The lead plaintiff represents other class members in directing the litigation.
The Rosen Law Firm’s Credentials
The Rosen Law Firm is experienced in securities class actions and shareholder derivative litigation, representing investors globally. The firm achieved the largest securities class action settlement against a Chinese company at one point and was ranked No. 1 by ISS Securities Class Action Services in 2017 for the number of securities class action settlements. Since 2013, the firm has consistently ranked in the top 4 and has recovered hundreds of millions of dollars for investors. In 2019, they secured over $438 million for investors, and founding partner Laurence Rosen was named a Titan of Plaintiffs’ Bar by Law360 in 2020.
Details of the Lawsuit
The lawsuit alleges that BigBear.ai made false and misleading statements regarding their accounting practices, particularly concerning non-routine transactions and the handling of the 2026 Convertible Notes. It is claimed that the company improperly accounted for these notes, leading to inaccurate financial statements that would require restatement. This allegedly caused investors damages when the true information entered the market.
To join the class action, investors can visit https://rosenlegal.com/submit-form/?case_id=37621 or contact Phillip Kim, Esq. at 866-767-3653 or case@rosenlegal.com. It’s important to note that until a class is certified, investors are not represented by counsel unless they retain one. Investors can choose their counsel or remain an absent class member and take no action at this point.
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