NEW YORK--(BUSINESS WIRE)--Jan 12, 2026--
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Firefly Aerospace Inc. (“Firefly” or the “Company”) (NASDAQ: FLY) and reminds investors of the January 12, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
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Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Firefly had overstated the demand and growth prospects for its Spacecraft Solutions offerings; (2) Firefly had overstated the operational readiness and commercial viability of its Alpha rocket program; (3) the foregoing, once revealed, would likely have a material negative impact on the Company; and (4) as a result, the Offering Documents and Defendants' public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein.
Firefly conducted its August 7, 2025 IPO pursuant to the Offering Documents, selling 19.296 million shares of common stock priced at $45.00 per share.
On September 22, 2025, Firefly reported its financial results for the second quarter of 2025, its first earnings report as a public company. Among other items, Firefly reported a loss of $80.3 million, or $5.78 per share, compared to $58.7 million, or $4.60 per share, for the same quarter in 2024. Firefly also reported revenue of $15.55 million, below analyst estimates of $17.25 million and down 26.2% from the same quarter in 2024. Significantly, Firefly reported revenue of only $9.2 million in its Spacecraft Solutions business segment, representing a 49% year-over-year decrease.
On this news, Firefly's stock price fell $7.58 per share, or 15.31%, to close at $41.94 per share on September 23, 2025.
Less than one week later, on September 29, 2025, Firefly disclosed that "the first stage of Firefly's Alpha Flight 7 rocket experienced an event that resulted in a loss of the stage." Notably, Firefly CEO Jason Kim stated during the September 22, 2025 earnings call that the Company "expect[ed] to launch Flight 7 in the coming weeks." Following on the heels of Firefly's failed April 2025 Alpha rocket launch, the Alpha 7 test failure raised significant questions about Firefly's ability to meet its commercial launch commitments and the viability of the Company's technology.
On this news, Firefly's stock price fell $7.66 per share, or 20.73%, to close at $29.30 per share on September 30, 2025.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Firefly’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Firefly Aerospace class action, go to www.faruqilaw.com/FLY or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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FINAL DEADLINE REMINDER: Faruqi & Faruqi, LLP Reminds Firefly Aerospace Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026
MINNEAPOLIS (AP) — A man sprayed an unknown substance on Democratic U.S. Rep. Ilhan Omar and was tackled to the ground Tuesday during a town hall in Minneapolis, where tensions over federal immigration enforcement have come to a head after agents fatally shot an intensive care nurse and a mother of three this month.
The audience cheered as the man was pinned down and his arms were tied behind his back. In video of the incident, someone in the crowd can be heard saying, “Oh my god, he sprayed something on her.”
Just before that Omar had called for the abolishment of U.S. Immigration and Customs Enforcement and for Homeland Security Secretary Kristi Noem to resign or face impeachment. Calls are mounting on Capitol Hill for Noem to step down after the shooting deaths in Minneapolis of two people who protested deportations. Few Republicans have risen to her defense.
“ICE cannot be reformed,” Omar said, seconds before the attack.
Minneapolis police said officers saw the man use a syringe to spray an unknown liquid at Omar. They immediately arrested him and booked him at the county jail for third-degree assault, spokesperson Trevor Folke said. Forensic scientists responded to the scene.
Police identified the man as 55-year-old Anthony Kazmierczak. It was not immediately clear if Kazmierczak had an attorney. The county public defenders’ office could not immediately be reached.
Omar continued speaking for about 25 more minutes after the man was ushered out by security, saying she would not be intimidated.
There was a strong, vinegarlike smell after the man pushed on the syringe, according to an Associated Press journalist who was there. Photos of the device, which fell to the ground when he was tackled, showed what appeared to be a light-brown liquid inside. There was no immediate word from officials on what it was.
Minneapolis Council Member LaTrisha Vetaw said some of the substance also came into contact with her and state Sen. Bobby Joe Champion. She called it a deeply unsettling experience.
No one in the crowd of about 100 people had a noticeable physical reaction to the substance.
Walking out afterward, Omar said she felt a little flustered but was not hurt. She was going to be screened by a medical team.
She later posted on the social platform X: “I’m ok. I’m a survivor so this small agitator isn’t going to intimidate me from doing my work. I don’t let bullies win.”
The White House did not immediately respond to a message seeking comment Tuesday night.
President Donald Trump has frequently criticized the congresswoman and has stepped up verbal attacks on her in recent months as he turned his focus on Minneapolis. During a Cabinet meeting in December, he referred to her as “garbage."
Hours earlier on Tuesday, the president criticized Omar as he spoke to a crowd in Iowa, saying his administration would only let in immigrants who “can show that they love our country.”
“They have to be proud, not like Ilhan Omar,” he said, drawing loud boos at the mention of her name.
He added: “She comes from a country that’s a disaster. So probably, it’s considered, I think — it’s not even a country.”
Omar is a U.S. citizen who fled her birthplace, Somalia, with her family at age 8 as a civil war tore apart the country.
The Minneapolis-St. Paul area is home to about 84,000 people of Somali descent — nearly a third of Somalis living in the U.S.
Democratic Minnesota Gov. Tim Walz expressed gratitude that Omar was safe, adding in a post on X: “Our state has been shattered by political violence in the last year. The cruel, inflammatory, dehumanizing rhetoric by our nation’s leaders needs to stop immediately.”
U.S. Rep. Nancy Mace, a South Carolina Republican, also denounced the assault.
“I am deeply disturbed to learn that Rep. Ilhan Omar was attacked at a town hall today” Mace said. “Regardless of how vehemently I disagree with her rhetoric — and I do — no elected official should face physical attacks. This is not who we are.”
Minneapolis Mayor Jacob Frey, a Democrat, called the attack “unacceptable.” He said he was relieved that Omar “is OK” and thanked police for their quick response, concluding: “This kind of behavior will not be tolerated in our city.”
The city has been reeling from the fatal shootings of two residents by federal immigration agents this month during Trump's massive immigration enforcement surge. Intensive care unit nurse Alex Pretti was killed Saturday, less than three weeks after Renee Good was fatally shot behind the wheel of her vehicle.
The attack came days after a man was arrested in Utah for allegedly punching U.S. Rep. Maxwell Frost, a Democrat from Florida, in the face during the Sundance Film Festival and saying Trump was going to deport him.
Threats against members of Congress have increased in recent years, peaking in 2021 in the aftermath of that year’s Jan. 6 attack on the U.S. Capitol, before dipping slightly only to climb again, according to the most recent figures from the U.S. Capitol Police.
Lawmakers have discussed the impact on their ability to hold town halls and public events, with some even citing the threat environment in their decisions not to seek reelection.
Following the assault on Omar, U.S. Capitol Police said in a statement that the agency was “working with our federal partners to see this man faces the most serious charges possible to deter this kind of violence in our society.”
It also released updated numbers detailing threats to members of Congress: 14,938 “concerning statements, behaviors, and communications directed against lawmakers, their families, staff and the Capitol Complex" in 2025.
That is a sharp increase from 2024, when the number of cases was 9,474, according to USCP. It is the third year in a row that the number of threats has increased.
Capitol Police have beefed up security measures across all fronts since Jan. 6, 2021, and the department has seen increased reporting after a new center was launched two years ago to process reports of threats.
Schoenbaum reported from Salt Lake City. Associated Press writers Audrey McAvoy in Honolulu, Mike Balsamo, Lisa Mascaro and Michelle Price in Washington, Hallie Golden in Seattle and Farnoush Amiri in New York contributed to this report.
Rep. Ilhan Omar, D-Minn., speaks during a town hall in Minneapolis, Tuesday, Jan. 27, 2026. (Richard Tsong-Taatarii/Star Tribune via AP)
A man is tackled to the ground after spraying an unknown substance on U.S. Rep. Ilhan Omar, D-Minn., during a town hall on Tuesday, Jan. 27, 2026, in Minneapolis. (Richard Tsong-Taatarii/Star Tribune via AP)
