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ASTS Deadline in 11 Days: AST SpaceMobile, Inc. Investors Have Opportunity to Lead Securities Fraud Class Action Lawsuit - Kessler Topaz Meltzer & Check, LLP
GlobeNewswire Inc.·
A securities fraud class action lawsuit has been filed against AST SpaceMobile, Inc. for allegedly making materially false statements about its capital position, liquidity, and competitive standing in the satellite D2C market. The lawsuit covers the period from March 4, 2025 to July 15, 2026. Investors have until November 13, 2026 to seek lead plaintiff status. The stock declined significantly following a Scotiabank downgrade citing competition from SpaceX and slow customer adoption, and after AST announced a $1 billion convertible notes offering.
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