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Shareholder Class Action Filed Against Orbital ATK, Inc.

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Notice is hereby given that a class action lawsuit has been filed on behalf of those who purchased or otherwise acquired shares of  Orbital ATK, Inc. (NYSE: OA) (“Orbital” or the “Company”) between June 1, 2015 and August 9, 2016, inclusive (the “Class Period”).

Orbital investors may receive additional information about the case by clicking the link "Join this Class Action" above. 

Orbital develops and supplies advanced weapon and space systems.  In September 2012, the Company entered into a $2.3 billion long-term contract (the “Contract”) with the U.S. Army to manufacture and supply small caliber ammunition.

On August 10, 2016, Orbital reported that it would delay the filing of its quarterly financial statements “due to an ongoing review of accounting matters….”  Additionally, the Company disclosed that it expected to restate its fiscal 2015 and subsequently filed financial statements to correct “misstatements” relating to the Contract, which resulted in an overstatement of revenues and operating income in those previously issued financial statements.

Following this news, shares of the Company’s stock declined $17.98, or over 20 percent, to close on August 10, 2016 at $70.79 per share, on unusually heavy trading volume.

The complaint alleges that the defendants made a series of false and misleading statements and/or failed to disclose to investors during the Class Period that: (i) Orbital lacked effective control over financial reporting; (ii) as a result, the Company failed to record an anticipated loss on the Contract after the loss became evident in 2015, as required by generally accepted accounting principles; and (iii) as a result of the foregoing, Orbital’s public statements were materially false and misleading at all relevant times.

If you are a member of the class described above, you may no later than October 11, 2016, move the Court to serve as lead plaintiff of the class, if you so choose.

A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation.  In order to be appointed lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class.  Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Any member of the purported class may move the court to serve as a lead plaintiff through counsel of their choice, or may choose to do nothing and remain an inactive class member.

Kessler Topaz Meltzer & Check, LLP has not filed a complaint in this matter.  If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP toll free at 1-888-299-7706 or 1-610-667-7706, or via e-mail at For more information about Kessler Topaz Meltzer & Check, LLP, please visit our website at

Kessler Topaz Meltzer & Check, LLP
James Maro, Esq. or Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087 1-888-299-7706 (toll free) or 1-610-667-7706
Or by e-mail at

Please fill out the form and list your purchase and sale transaction(s) in Orbital ATK, Inc. (NYSE: OA)  between June 1, 2015 and August 9, 2016, inclusive (the “Class Period”):

* Denotes required field
# of Shares
Price per Share
Principal Amount
Amount Paid
Series or CUSIP
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of Orbital ATK, Inc. prior to the Class Period?
Are you a current or former employee of Orbital ATK, Inc. ?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
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