Levi & Korsinsky Notifies AST SpaceMobile, Inc. (ASTS) Shareholders of Class Action Lawsuit and November 13, 2026 Lead Plaintiff Deadline
NEW YORK CITY, NY / ACCESS Newswire / November 13, 2026 / Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired AST SpaceMobile, Inc. (NASDAQ:ASTS) securities.
If you purchased NASDAQ:ASTS securities and suffered a loss, Learn about AST SpaceMobile, Inc. Class Action or call (212)363-7500 to speak to our team of experienced shareholder advocates.
THE LAWSUIT: A class action securities lawsuit was filed against AST SpaceMobile, Inc. that seeks to recover losses of AST SpaceMobile, Inc. shareholders who were adversely affected by alleged securities fraud between March 4, 2025 and July 15, 2026.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) AST's increasing capital requirements were likely to increase the Company's debt load and share dilution with greater frequency and at greater scale than defendants had signaled to investors; (ii) accordingly, defendants had overstated the sufficiency of AST's capital and liquidity position to achieve its strategic and business goals; (iii) defendants likewise overstated the durability of AST's competitive position in the satellite D2C market; (iv) even following the EchoStar Transaction, defendants continued overstating AST's competitive position in the satellite D2C market; (v) AST was experiencing slow user adoption in the U.S. and Japan; (vi) the foregoing was likely to have a significant negative impact on the Company's business and financial prospects; and (vii) as a result, defendants' public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you purchased AST SpaceMobile, Inc. securities during the relevant time frame, learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured billions of dollars for aggrieved shareholders. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212) 363-7171
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SOURCE: Levi & Korsinsky, LLP