Public case informationLast updated

AST SpaceMobile Investor Securities Class Action

AST SpaceMobile · Satellite-to-phone communications services and AST SpaceMobile common stock · New Filing

About this case

An investor alleges that AST SpaceMobile made materially false or misleading statements about its competitive position, capital requirements, and ability to compete in the satellite direct-to-cell market, causing investors to purchase shares at artificially inflated prices. The securities class action was filed in a U.S. district court and seeks damages for investors who purchased AST SpaceMobile shares between March 4, 2025, and July 15, 2026.

Case overview

Defendant company
AST SpaceMobile
Product or service
Satellite-to-phone communications services and AST SpaceMobile common stock
Court case number
7:26-cv-00378
Case status
New Filing
Lawsuit type
Securities
Reported harm
Misrepresentation

Participation information

Settlement Claim

The proposed class consists of persons and entities who purchased or otherwise acquired AST SpaceMobile securities between 2025-03-04 and 2026-07-15, inclusive, and were allegedly damaged by the challenged disclosures. The action is a newly filed securities case; no settlement class or settlement-claim process was identified.

No settlement-claim filing instructions were identified. Investors seeking appointment as lead plaintiff must file a motion by 2026-11-13; investors do not need to seek lead-plaintiff appointment to remain potential class members.

Type
Settlement Claim

Sources