Mercury Systems, Inc.

Passed

Class Action Period:
December 07, 2020 - June 23, 2023

Lead Plaintiff Deadline:
February 12, 2024

Case Form

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First Name

Last Name

Phone

Street Address

City

State

Zip

Shares Purchased

Purchase Date

Estimated Loss

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Allegations

The filed complaint alleges that Mercury Systems, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Mercury Systems’ serial acquirer strategy was not working and Mercury Systems was using improper revenue recognition practices such as changing to long-term contracts to mask deteriorating organic growth; (ii) Mercury Systems’ acquisition of Physical Optics Corporation (“POC”) caused POC to lose its small business accreditation, which prevented POC from winning contracts that made up a large portion of its historical business; (iii) Mercury Systems had at least twenty programs that were suffering and not performing well; and (iv) Mercury Systems’ initiative to increase margins was not working and was in fact cutting into margins.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Mercury Systems purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Mercury Systems during the relevant time frame, you have until February 12, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.