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Stock impact report

ASTS Investors Have Opportunity to Lead AST SpaceMobile, Inc. Securities Fraud Lawsuit

AST SpaceMobile, Inc. - Class A (ASTS) 
Company Research Source: PR Newswire
BENSALEM, Pa., April 25, 2024 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against AST SpaceMobile, Inc. ("SpaceMobile" or the "Company") (NASDAQ: ASTS).Class Period: November 14, 2023 – April 1, 2024Lead Plaintiff Deadline: June 17, 2024Investors suffering losses on their SpaceMobile investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 215-638-4847 or by email to howardsmith@howardsmithlaw.com.The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that production of the Company's five Block 1 BlueBird satellites had been negatively impacted by two suppliers of key subsystems; (2) that a result, the Company had not substantially completed the production of the Block 1 BlueBird satellites; (3) that, as a result, the Company's five Block 1 Blu Show less Read more
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