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flag A lawsuit alleges Firefly Aerospace misled investors about its rocket program's progress and demand during its 2025 IPO and subsequent period.

flag A class action lawsuit has been filed against Firefly Aerospace (FLY) alleging false or misleading statements in its August 2025 IPO documents and during the period from August 7 to September 29, 2025, regarding demand for its spacecraft solutions and the Alpha rocket program’s progress. flag The complaint claims the company misrepresented the rocket’s readiness despite multiple failed launches and a FAA-imposed launch halt, while reporting an $80.3 million loss in its first public earnings. flag Investors who bought shares during the class period may qualify to join the lawsuit, with a January 12, 2026 deadline to apply for lead plaintiff status.

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