Kuehn law encourages investors of bigbear.ai holdings, inc. to contact law firm

New york , june 11, 2025 /prnewswire/ -- kuehn law, pllc, a shareholder litigation law firm, is investigating whether certain officers and directors of bigbear.ai holdings, inc. (nyse: bbai)  breached their fiduciary duties to shareholders.  according to a federal securities lawsuit, insiders at bigbear.ai caused the company to misrepresent or fail to disclose (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'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 u.s. securities and exchange commission; and (vii) as a result, the company's public statements were materially false and misleading at all relevant times.
BBAI Ratings Summary
BBAI Quant Ranking