AE Industrial Partners LP dodged $100 million in losses by dumping BigBear.ai Holdings Inc. shares based on inside knowledge that the defense software business was coming up short of forecasts, according to an unsealed lawsuit.
An investor is suing AE Industrial in Delaware’s Chancery Court, saying the private equity firm strategically unloaded nearly its entire BigBear stake via transactions timed to beat disappointing earnings that cratered the AI company’s stock in early 2025. The court filing, made public Thursday, targets sales that allegedly earned $255 million over just a few months.
The allegations come against the backdrop of an escalating ...
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