Levi & Korsinsky Investigates BigBear.ai Holdings, Inc. for Potential Securities Law Violations
New York, NY – March 25, 2025
Levi & Korsinsky, a leading securities law firm, announces that it has commenced an investigation of BigBear.ai Holdings, Inc. (“BigBear.ai Holdings” or “the Company”) (NYSE: BBAI) for potential securities laws violations. The investigation focuses on whether BigBear.ai Holdings and certain of its officers or directors violated federal securities laws in connection with the Company’s delay in filing its annual 10-K report with the Securities and Exchange Commission (“SEC”).
Background
On March 18, 2025, BigBear.ai Holdings announced that it would be unable to file its annual report on Form 10-K for the fiscal year ended December 31, 2024, due to the need for additional time to complete the audit process. The Company stated that it expected to file the report by April 15, 2025.
Investigation Details
Levi & Korsinsky is investigating BigBear.ai Holdings’ delay in filing its annual report and the reasons behind it. The investigation focuses on whether the Company and its officers or directors violated securities laws by making false or misleading statements or failing to disclose material information to investors.
Impact on Investors
The delay in filing the annual report could negatively impact investors by increasing uncertainty about the Company’s financial condition and business prospects. The investigation also raises questions about the accuracy of the information provided by BigBear.ai Holdings to the investing public.
Global Implications
The investigation of BigBear.ai Holdings could have broader implications for the securities industry and financial markets. It underscores the importance of timely and accurate financial reporting and the need for companies to maintain the trust of their investors.
Potential Remedies
If the investigation uncovers any wrongdoing, Levi & Korsinsky may seek to recover damages on behalf of affected investors. This could include compensation for any losses incurred as a result of the alleged securities law violations.
Conclusion
Levi & Korsinsky’s investigation of BigBear.ai Holdings highlights the importance of transparency and accuracy in financial reporting. Investors rely on this information to make informed decisions, and any delay or misrepresentation can have serious consequences. The investigation also underscores the role of securities law firms in holding companies accountable for their actions and protecting the interests of their investors.
- Levi & Korsinsky is investigating BigBear.ai Holdings for potential securities law violations related to the delay in filing its annual report.
- The investigation focuses on whether the Company and its officers or directors made false or misleading statements or failed to disclose material information.
- The delay in filing the annual report could negatively impact investors by increasing uncertainty about the Company’s financial condition and business prospects.
- The investigation has broader implications for the securities industry and financial markets, underscoring the importance of timely and accurate financial reporting.
- If the investigation uncovers any wrongdoing, Levi & Korsinsky may seek to recover damages on behalf of affected investors.
