Securities Fraud Class Action Filed Against AST SpaceMobile, Inc. (ASTS) - Levi & Korsinsky Reminds Investors of November 13, 2026
NEW YORK CITY, NY / ACCESS Newswire / September 15, 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 suffered a loss on your AST SpaceMobile, Inc. investment and would like to explore a potential recovery under the federal securities laws, Learn about AST SpaceMobile, Inc. Class Action or contact Joseph E. Levi, Esq. via email at [email protected] 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 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. stock during the relevant time frame - even if you still hold your shares, 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 hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
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
SOURCE: Levi & Korsinsky, LLP