{"id":1003715,"date":"2026-09-15T12:39:39","date_gmt":"2026-09-15T16:39:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-ast-spacemobile-inc-asts\/"},"modified":"2026-09-15T12:39:39","modified_gmt":"2026-09-15T16:39:39","slug":"gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-ast-spacemobile-inc-asts","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-ast-spacemobile-inc-asts\/","title":{"rendered":"Gainey McKenna &amp; Egleston Announces A Class Action Lawsuit Has Been Filed Against AST SpaceMobile, Inc. (ASTS)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">NEW YORK, Sept.  15, 2026  (GLOBE NEWSWIRE) &#8212; Gainey McKenna &amp; Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Western District of Texas on behalf of all persons or entities who purchased or otherwise acquired AST SpaceMobile, Inc. (\u201cAST\u201d or the \u201cCompany\u201d) (NASDAQ: ASTS) securities between March 4, 2025 and July 15, 2026, inclusive (the \u201cClass Period\u201d).<\/p>\n<p align=\"justify\">The Complaint alleges that Defendants failed to disclose to investors that: (i) AST\u2019s increasing capital requirements were likely to increase the Company\u2019s 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\u2019s capital and liquidity position to achieve its strategic and business goals; (iii) Defendants likewise overstated the durability of AST\u2019s competitive position in the satellite D2C market; (iv) even following the EchoStar Transaction, Defendants continued overstating AST\u2019s 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\u2019s business and financial prospects; and (vii) as a result, Defendants\u2019 public statements were materially false and misleading at all relevant times.<\/p>\n<p align=\"justify\">Investors who purchased or otherwise acquired shares of AST should contact the Firm prior to the <strong><em>November 13, 2026<\/em><\/strong> lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna &amp; Egleston at (212) 983-1300, or via e-mail at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oNaQ7da3Af85U4-BspTSl8hvAl9zPD5W9ZtO1hHYkfXeFaUHpxPA8kXS_KXDzhmdyYeRHrqpik4cqfiN9mMTjNqbgxjKR_y8xA7TLYfikdk=\" rel=\"nofollow\" target=\"_blank\"><u>tjmckenna@gme-law.com<\/u><\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MkmYTOVSAlDKbx_em-vyH9Wq5lvIUr3PYcjId_P_jeOsh5faFiGo2OxVt061SaoC9pfIAVDpZ7-snDbZjTkYVsbYxMYjJCrjI_oQozEOiv0=\" rel=\"nofollow\" target=\"_blank\"><u>gegleston@gme-law.com<\/u><\/a>.<\/p>\n<p align=\"justify\">Please visit our website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=07x3LOrgn3bytlds56HACPQlgCJwP7LYA0wCJqHH3tw6W6_Sfv0iwqBSKwFyA-mdCy1PBkwdClpAf4CDQzPR5r7FKL4v9sSH3hK6s76S07s=\" rel=\"nofollow\" target=\"_blank\"><u>http:\/\/www.gme-law.com<\/u><\/a> for more information about the firm.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyNzQ1MCM3ODM1MjY3IzIwMTc3MDQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MTMzYzY4M2MtMTIxNi00MjdjLWE3ZWEtZTUzOTkzNTJiYzgyLTEwMjkyNzQtMjAyNi0wOS0xNS1lbg==\/tiny\/Gainey-McKenna-Egleston.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Sept. 15, 2026 (GLOBE NEWSWIRE) &#8212; Gainey McKenna &amp; Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Western District of Texas on behalf of all persons or entities who purchased or otherwise acquired AST SpaceMobile, Inc. (\u201cAST\u201d or the \u201cCompany\u201d) (NASDAQ: ASTS) securities between March 4, 2025 and July 15, 2026, inclusive (the \u201cClass Period\u201d). The Complaint alleges that Defendants failed to disclose to investors that: (i) AST\u2019s increasing capital requirements were likely to increase the Company\u2019s 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\u2019s capital and liquidity &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-ast-spacemobile-inc-asts\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gainey McKenna &amp; Egleston Announces A Class Action Lawsuit Has Been Filed Against AST SpaceMobile, Inc. (ASTS)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1003715","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gainey McKenna &amp; Egleston Announces A Class Action Lawsuit Has Been Filed Against AST SpaceMobile, Inc. (ASTS) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-ast-spacemobile-inc-asts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gainey McKenna &amp; Egleston Announces A Class Action Lawsuit Has Been Filed Against AST SpaceMobile, Inc. (ASTS) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Sept. 15, 2026 (GLOBE NEWSWIRE) &#8212; Gainey McKenna &amp; Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Western District of Texas on behalf of all persons or entities who purchased or otherwise acquired AST SpaceMobile, Inc. (\u201cAST\u201d or the \u201cCompany\u201d) (NASDAQ: ASTS) securities between March 4, 2025 and July 15, 2026, inclusive (the \u201cClass Period\u201d). The Complaint alleges that Defendants failed to disclose to investors that: (i) AST\u2019s increasing capital requirements were likely to increase the Company\u2019s 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\u2019s capital and liquidity &hellip; Continue reading &quot;Gainey McKenna &amp; Egleston Announces A Class Action Lawsuit Has Been Filed Against AST SpaceMobile, Inc. 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