BigBear.ai Holdings, Inc.

Case Overview
Status: | Status: Investigating |
Company Name: | Company Name: BigBear.ai Holdings, Inc. |
Ticker: | Ticker: BBAI |
Related Attorneys: | Lead Attorneys: Thomas W. Elrod |
Related Practices: | Related Practices: Securities |
The law firm of Kirby McInerney LLP is investigating potential claims against BigBear.ai Holdings, Inc. (“BigBear” or the “Company”) (NYSE:BBAI). The investigation concerns whether BigBear and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
On March 18, 2025, BigBear submitted a filing to the Securities and Exchange Commission stating that there would be a delay in filing its annual 10-K report. The Company stated that it would need to restate previously reported financial results for its 2022 and 2023 fiscal years. In addition, the Company will also need to restate individual quarterly results for 2023 and 2024. On this news, the price of BigBear shares declined by $0.52 per share, or nearly 15%, from $3.49 per share on March 17, 2025, to close at $2.97 on March 18, 2025.
On March 18, 2025, BigBear submitted a filing to the Securities and Exchange Commission stating that there would be a delay in filing its annual 10-K report. The Company stated that it would need to restate previously reported financial results for its 2022 and 2023 fiscal years. In addition, the Company will also need to restate individual quarterly results for 2023 and 2024. On this news, the price of BigBear shares declined by $0.52 per share, or nearly 15%, from $3.49 per share on March 17, 2025, to close at $2.97 on March 18, 2025.