Palantir Technologies, Inc. (NASDAQ: PLTR)

This investigation is for anyone who acquired securities in Palantir Technologies, Inc. (NASDAQ: PLTR) prior to October 3, 2025.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely inform investors that the Company’s battlefield communications platform NGC2 was flawed.

On October 3, 2025, Reuters published a report stating that an Army memo from early September had expressed concerns about the battlefield communications platform NGC2, developed by Palantir and Anduril Industries Inc., claiming that the system was flawed and that the communications networks for the companies had been vulnerable to “insider threats, external attacks, and data spillage,” with “critical deficiencies in fundamental security controls, processes, and governance.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Palantir Technologies, Inc. (NASDAQ: PLTR) prior to October 3, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.