{"id":949322,"date":"2026-04-06T20:00:52","date_gmt":"2026-04-07T00:00:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/firefly-aerospace-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-firefly-aerospace-inc-fly\/"},"modified":"2026-04-06T20:00:52","modified_gmt":"2026-04-07T00:00:52","slug":"firefly-aerospace-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-firefly-aerospace-inc-fly","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/firefly-aerospace-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-firefly-aerospace-inc-fly\/","title":{"rendered":"Firefly Aerospace Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Firefly Aerospace Inc. – FLY"},"content":{"rendered":"

<\/p>\n

Firefly Aerospace Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Firefly Aerospace Inc. – FLY<\/p>\n

NEW YORK & NEW ORLEANS–(BUSINESS WIRE<\/a>)–Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti<\/a>, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Firefly Aerospace<\/a> Inc. (the \u201cCompany\u201d) (NasdaqGM: FLY).<\/p>\n

On September 22, 2025, the Company reported its financial results for the second quarter of 2025, its first earnings report as a public company, disclosing, among other items, a loss of $80.3 million, or $5.78 per share, compared to $58.7 million, or $4.60 per share, for the same quarter in 2024 and reported revenue of $15.55 million, below analyst estimates of $17.25 million and down 26.2% from the same quarter in 2024. Moreover, the Company reported revenue of only $9.2 million in its Spacecraft Solutions business segment, representing a 49% year-over-year decrease. Then, on September 29, 2025, the Company disclosed that during testing, the first stage of its Alpha Flight 7 rocket, one of its flagship launch vehicles, \u201cexperienced an event that resulted in a loss of the stage,\u201d raising significant questions about the Company\u2019s ability to meet its commercial launch commitments and the viability of its technology.<\/p>\n

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period in violation of federal securities laws, which remains ongoing.<\/p>\n

KSF\u2019s investigation is focusing on whether Firefly\u2019s officers and\/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.<\/p>\n

If you have information that would assist KSF in its investigation, or have been a long-term holder of Firefly shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com<\/a>), or visit\u00a0https:\/\/www.ksfcounsel.com\/cases\/nasdaqgm-fly\/<\/a> to learn more.<\/p>\n

About Kahn Swick & Foti, LLC<\/p>\n

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation\u2019s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.<\/p>\n

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services<\/p>\n

To learn more about KSF, you may visit www.ksfcounsel.com<\/a>.<\/p>\n

CONNECT WITH US: Facebook<\/a> || Instagram<\/a> || YouTube<\/a> || TikTok<\/a> || LinkedIn<\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260406087810\/en\/<\/a><\/span><\/p>\n

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com<\/span><\/a>
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163<\/p>\n

KEYWORDS:<\/b> Louisiana United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Class Action Lawsuit Professional Services Legal<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Firefly Aerospace Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Firefly Aerospace Inc. – FLY NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Firefly Aerospace Inc. (the \u201cCompany\u201d) (NasdaqGM: FLY). On September 22, 2025, the Company reported its financial results for the second quarter of 2025, its first earnings report as a public company, disclosing, among other items, a loss of $80.3 million, or $5.78 per share, compared to $58.7 million, or $4.60 per share, for the same quarter in 2024 and reported revenue of $15.55 million, … <\/p>\n

Continue reading “Firefly Aerospace Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Firefly Aerospace Inc. – FLY”<\/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-949322","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFirefly Aerospace Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Firefly Aerospace Inc. - FLY - 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\/firefly-aerospace-investigation-initiated-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-firefly-aerospace-inc-fly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Firefly Aerospace Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Firefly Aerospace Inc. - FLY - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Firefly Aerospace Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Firefly Aerospace Inc. – FLY NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into Firefly Aerospace Inc. (the \u201cCompany\u201d) (NasdaqGM: FLY). 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