Lead Plaintiff Appointed in BigBear.ai Class Action

Court: E.D. Virginia

Case: 1:25-cv-00623

Lead Plaintiff has been appointed to represent investors in the class action against BigBear.ai.

What is this lawsuit about?

Between March 31, 2022 and March 25, 2025, BigBear.ai promoted itself as an AI-driven technology firm, emphasizing national security and enterprise AI solutions. BigBear certified its financial statements as GAAP-compliant and told investors that its internal controls were effective.

However, the company failed to properly account for the convertible feature of its 2026 notes, violating U.S. accounting standards that require bifurcation and derivative classification.

Following this, BBAI dropped by 25%.

Then, on April 11, 2025, shareholders filed a claim against BigBear.ai.

What can you do to recover your losses now?

We’re keeping track of all updates and will notify BBAI investors about potential recovery.

More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed.