Leidos Holdings, Inc. Class Action Lawsuit - LDOS

Company
Leidos Holdings, Inc. (NYSE: LDOS)
Lead Plaintiff Deadline
May 3, 2021 (Expired)
Class Period
May 4, 2020 - February 23, 2021

Expired

Lead Plaintiff Deadline

May 3, 2021

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Allegations

(1) the purported benefits of the Company’s acquisition of L3Harris’ Security Detection & Automation businesses were significantly overstated; (2) Leidos’ products suffered from numerous product defects, including faulty explosive detection systems at airports, ports, and borders; (3) as a result of the foregoing, the Company’s financial results were significantly overstated; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the LDOS class action lawsuit, you must have incurred a loss on shares of Leidos Holdings purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Leidos Holdings during the relevant time frame or pursuant to the relevant offering(s), you have until May 3, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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