NEW
YORK, March 4, 2025 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law
firm, is investigating whether certain officers and directors of
Mercury Systems, Inc. (NASDAQ: MRCY) breached their
fiduciary duties to shareholders.
According to a federal securities lawsuit, Insiders at Mercury
Systems caused the company to misrepresent or fail to disclose that
(1) Mercury had switched from "point-in-time" to "long-term
contracts" in order to improperly boost reported revenues; (2)
several of Mercury's projects were in significant distress,
including projects related to Mercury's acquisition of Physical
Optics Corporation; (3) Mercury's strategic growth initiative,
1MPACT, unbeknownst to investors, was used to disguise regular
expenses as restructuring costs, enabling Mercury to claim that
recurring expenses were one-time costs.
If you currently own MRCY and purchased prior to December 7, 2020
please contact Justin Kuehn,
Esq. here, by email at justin@kuehn.law or
call (833) 672-0814. Kuehn Law
pays all case costs and does not charge its investor clients.
Shareholders should contact the firm immediately as there may be
limited time to enforce your rights.
Why Your Participation Matters:
As a shareholder your voice matters, and by getting involved,
you contribute to the integrity and fairness of the financial
markets. Your investment. Your voice. Your
future.™
For additional information, please visit Shareholder Derivative
Litigation - Kuehn Law.
Attorney advertising. Prior results do not guarantee similar
outcomes.
Contacts:
Kuehn Law, PLLC
Justin Kuehn, Esq.
53 Hill Street, Suite 605
Southampton, NY 11968
justin@kuehn.law
(833) 672-0814
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SOURCE Kuehn Law, PLLC