AGP Picks
View all

YSS SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of York Space Systems Inc. Investors - Contact Kirby McInerney LLP by October 30, 2026

NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds investors who purchased York Space Systems Inc. (“York” or the “Company”) (NYSE: YSS) securities to contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests in the securities fraud class action lawsuit at no cost.

If you suffered a loss on your York investments, you have until October 30, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions. Learn more about the lead plaintiff process and eligibility requirements here.

Follow the link below for more information about the lawsuit:

[CONTACT THE FIRM IF YOU SUFFERED A LOSS]

What Is The Lawsuit About?

The lawsuit has been filed on behalf of investors who purchased (a) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s January 29, 2026 initial public offering (“IPO” or the “Offering”); and/or (b) securities during the period of January 29, 2026 through May 11, 2026, inclusive (“the Class Period”). The lawsuit alleges that York made materially false and/or misleading statements and failed to disclose to investors that: (i) York’s onboard mission and payload software was not fully functional before satellites were launched; and (ii) this ongoing trend presented a risk to the Company’s contracts with the Pentagon’s Space Development Agency (“SDA”).

York launched its IPO on January 29, 2026, selling 18.5 million shares priced at $34.00 per share.

On May 11, 2026, Wolfpack Research published a report entitled “YSS: Lost in Space — The Pentagon Just Killed 96% of York’s Revenue.” The report states, “While the Pentagon has not specified the reasons for their move to halt Tranche 3 funding and destroy the SDA, we suspect it may have been due to York’s failure to live up to their own hype.” Citing former software engineers, the report asserts that York “sent satellites into space without even knowing if the software was fit to accomplish its basic mission” and that “York’s satellites simply did not function as expected because the company did not finish developing the software for these satellites before launching them.” On this news, York’s stock price fell $3.91, or 10.9%, to close at $31.97 per share on May 12, 2026.

By the commencement of this action, the Company’s stock traded as low as $9.33 per share, a more than 70% decline from the $34.00 per share IPO price.

[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]

What Should I Do?

If you purchased or otherwise acquired York securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[HOW CAN I PROTECT MY RIGHTS?]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
investigations@kmllp.com


Primary Logo

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share this page:

Advanced Search Options

Search for:

Search scope:

Type:

Search in:

Date range:

The last

Sort by:

Sign up for:

Equatorial Guinea Industry News

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.