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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SOURCE DJS Law Group LLP
