Securities Fraud Investigation Into Palantir Technologies Inc. (PLTR) Announced

The Law Offices of Frank R. Cruz announces an investigation into Palantir Technologies Inc. for potential federal securities law violations following security concerns about their military communications platform.

The investigation stems from a Reuters report revealing an Army memo that criticized the NGC2 battlefield communications platform developed by Palantir and Anduril Industries. The memo highlighted critical security vulnerabilities including susceptibility to insider threats, external attacks, and data spillage, along with deficiencies in fundamental security controls and governance processes. Following this news, Palantir's stock dropped significantly by $13.98 or 7.5% in a single trading day.

• Army memo identified serious security flaws in Palantir's NGC2 military communications system
• Stock price fell 7.5% immediately after the security concerns became public
• Law firm investigating potential securities law violations on behalf of affected investors
• Investors who purchased Palantir securities may be eligible to participate in potential claims