Kaplan Fox & Kilsheimer LLP is Investigating BigBear.ai Holdings, Inc. (BBAI) for Potential Securities Law Violations

Published: 2025-03-27 20:10:11 ET BBAI

NEW YORK, NY - March 27, 2025 (NEWMEDIAWIRE) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against BigBear.ai Holdings, Inc. (BigBear or the Company) (NYSE: BBAI).

CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION

If you are a BigBear investor and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.

On March 18, 2025, BigBear disclosed in a filing with the U.S. Securities and Exchange Commission (the SEC) a delay in filing its Annual Report on Form 10-K and a restatement for reasons related to the accounting treatment of the Companys convertible notes due in 2026. BigBear announced that the financial statements for fiscal years 2022 and 2023, as well as the interim financial statements for each quarterly period in 2023 and 2024, will be restated. According to the SEC filing, the Company expects its 2023 and 2024 losses before income taxes to increase. For 2024, the Company expects to report a loss before income taxes for 2024 of $296.1 million (compared to the prior reported loss of $257.1 million) and a loss of $71.3 million for 2023 (compared to the prior reported loss of $60.3 million).

Following this news, the price of BigBear stock fell $.52 per share, nearly 15%, to close at $2.49 per share on March 18, 2025.

WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com .

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If you have any questions about this investigation, please contact:

CONTACT:

Pamela A. Mayer

KAPLAN FOX & KILSHEIMER LLP

800 Third Avenue, 38th Floor

New York, New York 10022

(646) 315-9003

pmayer@kaplanfox.com

Laurence D. King

KAPLAN FOX & KILSHEIMER LLP

1999 Harrison Street, Suite 1560

Oakland, California 94612

(415) 772-4704

lking@kaplanfox.com

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/bigbear-ai-holdings/

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