The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Lockheed Martin Corporation (“Lockheed Martin” or “the Company”) (NYSE: LMT) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Lockheed Martin announced its third-quarter 2021 financial results on October 26, 2021. As part of its report, the Company stated that it would take a $1.7 billion non-cash pension settlement charge. This charge decreased the Company’s net income by $4.72 per share. Based on this news, shares of Lockheed Martin fell by almost 12% on the same day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20211029005538/en/
Contacts:
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
