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LDOS CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Leidos Holdings, Inc. Shareholders of Securities Fraud Class Action Lawsuit


                          
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Leidos is a science, engineering, and information technology company that provides services and solutions in the defense, intelligence, homeland security, civil and health markets, both domestically and internationally.
The complaint alleges that, throughout the Class Period, the defendants failed to disclose material information to investors. Specifically, the defendants failed to disclose that: (1) the purported benefits of Leidos s acquisition of L3Harris Technologies Security Detection and Automation businesses were significantly overstated; (2) Leidos s products suffered from numerous product defects, including faulty explosive detection systems at airports, ports, and borders; (3) as a result of the foregoing, Leidos s financial results were significantly overstated; and (4) as a result of the foregoing, the defendants positive stat ....

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