February 20, 2013
A class of Lockheed Martin Corp. investors asked a New York federal court Tuesday to approve a $19.5 million settlement to end its securities suit alleging the defense giant misled investors about the strength its information systems business.
December 14, 2012
A New York federal judge on Friday certified a class of Lockheed Martin Corp. investors in a securities fraud lawsuit accusing the company of puffing up investor expectations about its information systems business despite the unit's struggle to maintain government contracts.
September 18, 2012
Plaintiffs in a class action accusing Lockheed Martin Corp. of inflating investor expectations about its information systems business can't gain access to interview materials of confidential witnesses conducted by Lockheed defense counsel DLA Piper, a New York federal judge ruled on Tuesday.
February 15, 2012
A New York federal judge on Wednesday threw out claims holding Lockheed Martin Corp. executives personally responsible in a class action accusing the company of puffing up investor expectations about its information systems business despite the unit's struggle to maintain contracts.
July 22, 2011
A pension fund filed a class action in New York on Wednesday alleging Lockheed Martin Corp. defrauded investors with bullish statements about its information systems business in 2009.