Law Firms Investigate Iridium-Rocket Lab $27 Deal Fairness

On June 29, 2026, two shareholder rights firms announced investigations into Iridium Communications' proposed sale to Rocket Lab. Halper Sadeh LLC and Monteverde & Associates are examining whether the $27.00 cash plus Rocket Lab stock exchange ratio delivers fair value and full disclosure to IRDM shareholders. The probes focus on potential fiduciary breaches, conflicts, and inadequate process. While not altering deal fundamentals, the actions introduce legal overhang that could pressure terms or timeline if further issues surface.