Securities class action litigation has been filed on behalf of investors who purchased or otherwise acquired the securities of RTX Corporation f/k/a Raytheon Technologies Corporation (“RTX” or the “Company”) (NYSE: RTX) between February 8, 2021 and July 25, 2023, inclusive (the “Class Period”).

If you purchased RTX securities during the Class Period, you may move the Court for appointment as lead plaintiff by no later than October 2, 2023. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the actions will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the action.

RTX investors who wish to learn more about the litigation and how to seek appointment as lead plaintiff should complete the form below, text or email investorinfo@lchb.com, or call Lieff Cabraser partner Sharon M. Lee at 1-800-541-7358.

RTX is an aerospace and defense company which owns Pratt & Whitney, a producer of aircraft engines, including the PW1000G Turbofan (“GTF”) engine family.

The action alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (a) the GTF engine family experienced a quality control issue from 2015-2020; and (b) this issue would result in recalls and reinspections of many airplanes equipped with GTF engines.

On July 25, 2023, RTX issued a press release stating that Pratt & Whitney discovered a condition in the powdered metal used to manufacture GTF engines, which will require accelerated removals and inspections of the engine family. On this news, RTX’s share price fell $9.91 per share, or 10.2% from the previous closing price of $97.01 on July 24, 2023, to close at $87.10 per share on July 25, 2023 on elevated trading volume.

About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, Nashville, and Munich, is an internationally-recognized law firm committed to advancing the rights of investors and promoting corporate responsibility. Recognized as a “Plaintiffs’ Powerhouse” by Law360, Lieff Cabraser has litigated some of the most important civil cases in the United States, and has assisted clients in recovering over $129 billion in verdicts and settlements. Law360 has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm’s “laser focus” and noting that our firm routinely finds itself “facing off against some of the largest and strongest defense law firms in the world.” In 2021, The American Lawyer named our firm its “Boutique Litigation Firm of the Year.” Benchmark Litigation has named Lieff Cabraser one of the “Top 10 Plaintiffs’ Firms in America,” and listed us as its “2020 California Plaintiff Firm of the Year.” Lieff Cabraser is committed to ensuring access to justice for all.

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