Investigations Launched into L3Harris Technologies Following CEO Departure
News provided byL3Harris Technologies, Inc · 1 min read
NEW YORK, Sept. 3, 2026 /CourierPR/ -- Investigations into potential securities fraud and unlawful business practices have been launched by Pomerantz LLP on behalf of investors in L3Harris Technologies, Inc. (NYSE: LHX), following the sudden departure of the company’s Chairman and CEO, Christopher Kubasik.
On August 17, 2026, L3Harris announced that Kubasik had stepped down from his positions effective immediately. The company stated that it had discovered certain actions by Kubasik that contradicted the company’s Code of Conduct. This news sent shockwaves through the market, causing L3Harris’s stock price to plummet by $13.44 per share, or 4.61%, to close at $278.38 per share for the day.
Pomerantz LLP, with its international presence in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is renowned for its expertise in corporate and securities litigation. Founded by Abraham L. Pomerantz, the firm has been at the forefront of class action lawsuits, including those related to securities fraud and breaches of fiduciary duty. Over its 85-year history, Pomerantz has secured significant multimillion-dollar damages for its clients.
Pomerantz LLP's investigation underscores the ongoing scrutiny of corporate governance and ethical standards in the business world. As the legal process unfolds, investors will be watching closely to see if any wrongdoing is confirmed and what the consequences might be for L3Harris and its leadership.