Faruqi & Faruqi Reminds Investors in XTI Aerospace of Lead Plaintiff Deadline
News provided byXTI Aerospace Inc · 2 min read
New York, New York, (Newsfile Corp. - September 5, 2026), Faruqi & Faruqi, LLP, a leading national securities law firm, is reminding investors who purchased XTI Aerospace, Inc. (NASDAQ: XTIA) securities between April 15, 2026, and August 17, 2026, of the October 27, 2026, deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against the company.
The lawsuit alleges that XTI Aerospace and its executives violated federal securities laws by making false and misleading statements, or failing to disclose key information. Specifically, the complaint claims that senior executives engaged in undisclosed activities that required Board review. Additionally, it alleges that the Company’s disclosure controls and procedures were inadequate, leading to delays in filing earnings reports. As a result, the firm argues, the company’s positive statements about its business, operations, and prospects were misleading and lacked a reasonable basis.
On August 17, 2026, XTI Aerospace disclosed that it could not timely file its Form 10-Q because it was conducting an internal review of its former CEO, who resigned that same day, and related corporate governance matters. This news caused the company’s stock price to drop $0.25, or 15.9%, to close at $1.32 per share, on unusually heavy trading volume.
Faruqi & Faruqi, LLP is encouraging investors who may have suffered losses to contact partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). The firm has recovered hundreds of millions of dollars for investors since its founding in 1995, with offices in New York, Pennsylvania, California, and Georgia.
Any investor who purchased XTI Aerospace shares during the defined period may be eligible to participate in the lawsuit. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class, who directs and oversees the litigation on behalf of the putative class. Any class member may move the court to serve as lead plaintiff through counsel of their choice.
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For further details, visit www.faruqilaw.com/XTIA or contact Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310).
If you have questions about your eligibility, consult with counsel to evaluate your options.