{"id":851794,"date":"2025-05-16T05:48:32","date_gmt":"2025-05-16T09:48:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-on-bigbear-ai-holdings-inc-bbai-join-class-action-suit-seeking-recovery-contact-levi-korsinsky-3\/"},"modified":"2025-05-16T05:48:32","modified_gmt":"2025-05-16T09:48:32","slug":"lost-money-on-bigbear-ai-holdings-inc-bbai-join-class-action-suit-seeking-recovery-contact-levi-korsinsky-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-on-bigbear-ai-holdings-inc-bbai-join-class-action-suit-seeking-recovery-contact-levi-korsinsky-3\/","title":{"rendered":"Lost Money on BigBear.ai Holdings, Inc.(BBAI)? Join Class Action Suit Seeking Recovery &#8211; Contact Levi &amp; Korsinsky"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">May 16, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Levi &amp; Korsinsky, LLP notifies investors in <b>BigBear.ai Holdings, Inc.<\/b> (&#8220;BigBear.ai Holdings&#8221; or the &#8220;Company&#8221;) (NYSE: BBAI) of a class action securities lawsuit.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.jpg\" title=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" alt=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>CLASS DEFINITION: <\/b>The lawsuit seeks to recover losses on behalf of BigBear.ai Holdings investors who were adversely affected by <span>alleged<\/span> securities <span>fraud<\/span> between <span class=\"xn-chron\">March 31, 2022<\/span> and <span class=\"xn-chron\">March 25, 2025<\/span>. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4429275-1&amp;h=3004986505&amp;u=https%3A%2F%2Fzlk.com%2Fpslra-1%2Fbigbear-ai-holdings-inc-lawsuit-submission-form%3Fprid%3D148645%26wire%3D4&amp;a=https%3A%2F%2Fzlk.com%2Fpslra-1%2Fbigbear-ai-holdings-inc-lawsuit-submission-form%3Fprid%3D148645%26wire%3D4\" target=\"_blank\" rel=\"nofollow\">https:\/\/zlk.com\/pslra-1\/bigbear-ai-holdings-inc-lawsuit-submission-form?prid=148645&amp;wire=4<\/a>\n      <\/p>\n<p>\n        <b>BBAI<\/b>\u00a0investors may also contact <span class=\"xn-person\">Joseph E. Levi, Esq.<\/span> via email <br \/>at\u00a0<a href=\"mailto:jlevi@levikorsinsky.com\" target=\"_blank\" rel=\"nofollow\">jlevi@levikorsinsky.com<\/a> or by telephone at (212) 363-7500.<\/p>\n<p>\n        <b>CASE DETAILS: <\/b>The filed complaint <span>alleges<\/span> that defendants made false statements and\/or concealed that: (i) BigBear maintained deficient accounting review policies related to the reporting and disclosure of certain non-routine, unusual, or complex transactions; (ii) as a result, the Company incorrectly determined that the conversion option within the 2026 Convertible Notes qualified for the derivative scope exception under ASC 815-40 and failed to bifurcate the conversion option as required by ASC 815-15; (iii) accordingly, BigBear had improperly accounted for the 2026 Convertible Notes; (iv) the foregoing error caused BigBear to misstate various items in several of the Company&#8217;s previously issued financial statements; (v) as a result, these financial statements were inaccurate and would likely need to be restated; (vi) BigBear would require extra time and expense to correct the inaccurate financial statements, thereby increasing the risk that the Company would be unable to timely file certain financial reports with the SEC; and (vii) as a result, the Company&#8217;s public statements were materially false and misleading at all relevant times.<\/p>\n<p>\n        <b>WHAT&#8217;S NEXT? <\/b>If you suffered a loss in BigBear.ai Holdings during the relevant time frame, you have until <b><span class=\"xn-chron\">June 10, 2025<\/span><\/b>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <b>NO COST TO YOU: <\/b>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <b>There is no cost or obligation to participate.<\/b><\/p>\n<p>\n        <b>WHY LEVI &amp; KORSINSKY: <\/b>Over the past 20 years, the team at Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services&#8217; Top 50 Report as one of the top securities litigation firms in <span class=\"xn-location\">the United States<\/span>.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP <br \/><span class=\"xn-person\">Joseph E. Levi, Esq.<\/span><br \/><span class=\"xn-person\">Ed Korsinsky, Esq.<\/span><br \/>33 Whitehall Street, 17th Floor<br \/><span class=\"xn-location\">New York, NY<\/span> 10004<br \/><a href=\"mailto:jlevi@levikorsinsky.com\" target=\"_blank\" rel=\"nofollow\">jlevi@levikorsinsky.com<\/a>\u00a0<br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4429275-1&amp;h=575347836&amp;u=https%3A%2F%2Fwww.zlk.com&amp;a=www.zlk.com\" target=\"_blank\" rel=\"nofollow\">www.zlk.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY89526&amp;sd=2025-05-16\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/lost-money-on-bigbearai-holdings-incbbai-join-class-action-suit-seeking-recovery--contact-levi--korsinsky-302457183.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/lost-money-on-bigbearai-holdings-incbbai-join-class-action-suit-seeking-recovery&#8211;contact-levi&#8211;korsinsky-302457183.html<\/a><\/p>\n<p>SOURCE  Levi &amp; Korsinsky, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY89526&amp;Transmission_Id=202505160545PR_NEWS_USPR_____NY89526&amp;DateId=20250516\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , May 16, 2025 \/PRNewswire\/ &#8212; Levi &amp; Korsinsky, LLP notifies investors in BigBear.ai Holdings, Inc. (&#8220;BigBear.ai Holdings&#8221; or the &#8220;Company&#8221;) (NYSE: BBAI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of BigBear.ai Holdings investors who were adversely affected by alleged securities fraud between March 31, 2022 and March 25, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/bigbear-ai-holdings-inc-lawsuit-submission-form?prid=148645&amp;wire=4 BBAI\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (i) BigBear maintained deficient accounting review policies related &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-on-bigbear-ai-holdings-inc-bbai-join-class-action-suit-seeking-recovery-contact-levi-korsinsky-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Lost Money on BigBear.ai Holdings, Inc.(BBAI)? Join Class Action Suit Seeking Recovery &#8211; Contact Levi &amp; Korsinsky&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-851794","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lost Money on BigBear.ai Holdings, Inc.(BBAI)? Join Class Action Suit Seeking Recovery - Contact Levi &amp; Korsinsky - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-on-bigbear-ai-holdings-inc-bbai-join-class-action-suit-seeking-recovery-contact-levi-korsinsky-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lost Money on BigBear.ai Holdings, Inc.(BBAI)? Join Class Action Suit Seeking Recovery - Contact Levi &amp; Korsinsky - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , May 16, 2025 \/PRNewswire\/ &#8212; Levi &amp; Korsinsky, LLP notifies investors in BigBear.ai Holdings, Inc. (&#8220;BigBear.ai Holdings&#8221; or the &#8220;Company&#8221;) (NYSE: BBAI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of BigBear.ai Holdings investors who were adversely affected by alleged securities fraud between March 31, 2022 and March 25, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/bigbear-ai-holdings-inc-lawsuit-submission-form?prid=148645&amp;wire=4 BBAI\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (i) BigBear maintained deficient accounting review policies related &hellip; Continue reading &quot;Lost Money on BigBear.ai Holdings, Inc.(BBAI)? Join Class Action Suit Seeking Recovery &#8211; Contact Levi &amp; Korsinsky&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-on-bigbear-ai-holdings-inc-bbai-join-class-action-suit-seeking-recovery-contact-levi-korsinsky-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-16T09:48:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lost-money-on-bigbear-ai-holdings-inc-bbai-join-class-action-suit-seeking-recovery-contact-levi-korsinsky-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lost-money-on-bigbear-ai-holdings-inc-bbai-join-class-action-suit-seeking-recovery-contact-levi-korsinsky-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Lost Money on BigBear.ai Holdings, Inc.(BBAI)? 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Join Class Action Suit Seeking Recovery - Contact Levi &amp; Korsinsky - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-on-bigbear-ai-holdings-inc-bbai-join-class-action-suit-seeking-recovery-contact-levi-korsinsky-3\/","og_locale":"en_US","og_type":"article","og_title":"Lost Money on BigBear.ai Holdings, Inc.(BBAI)? Join Class Action Suit Seeking Recovery - Contact Levi &amp; Korsinsky - Market Newsdesk","og_description":"PR Newswire NEW YORK , May 16, 2025 \/PRNewswire\/ &#8212; Levi &amp; Korsinsky, LLP notifies investors in BigBear.ai Holdings, Inc. (&#8220;BigBear.ai Holdings&#8221; or the &#8220;Company&#8221;) (NYSE: BBAI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of BigBear.ai Holdings investors who were adversely affected by alleged securities fraud between March 31, 2022 and March 25, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/bigbear-ai-holdings-inc-lawsuit-submission-form?prid=148645&amp;wire=4 BBAI\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (i) BigBear maintained deficient accounting review policies related &hellip; Continue reading \"Lost Money on BigBear.ai Holdings, Inc.(BBAI)? Join Class Action Suit Seeking Recovery &#8211; Contact Levi &amp; Korsinsky\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-on-bigbear-ai-holdings-inc-bbai-join-class-action-suit-seeking-recovery-contact-levi-korsinsky-3\/","og_site_name":"Market Newsdesk","article_published_time":"2025-05-16T09:48:32+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-on-bigbear-ai-holdings-inc-bbai-join-class-action-suit-seeking-recovery-contact-levi-korsinsky-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lost-money-on-bigbear-ai-holdings-inc-bbai-join-class-action-suit-seeking-recovery-contact-levi-korsinsky-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Lost Money on BigBear.ai Holdings, Inc.(BBAI)? 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