AVEX EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds AEVEX Investors of Securities Class Action Lawsuit Deadline on October 20, 2026

NEW YORK--(BUSINESS WIRE)--Aug 25, 2026--

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against AEVEX Corp. ("“AEVEX” or the “Company”) (NYSE: AVEX) and reminds investors of the October 20, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: Specifically, the statements conveyed a commitment to follow a 180-day "lock-up" and therefore prevent Madison from selling its Class A common stock or converting or exchanging its Class B or LLC Units into Class A common stock for public sale until at least October 13, 2026, while simultaneously concealing a pre-arranged plan between Madison and the Underwriter Defendants to prematurely abrogate that commitment and allow for an SPO shortly after the IPO. Through that SPO, Madison would earn over $200 million and the Underwriter Defendants would share in a further $8-plus million in fees.

On June 2, 2026, in reaction to the after-market filing of the June 1, 2026 registration statement announcing the Company's intention to conduct an SPO and revealing the premature waiver of the 180-day lock-up restrictions, Aevex's Class A common stock fell approximately 16% against the prior day's closing price, wiping out over $700 million in market capitalization.

On June 5, 2026, in response to the pre-market filing of the final prospectus, Aevex's common stock fell a further 7% that day, erasing about $200 million more in market capitalization.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding AEVEX’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the AEVEX class action, go to www.faruqilaw.com/AVEX or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Frequently Asked Questions (FAQ) for Investors Regarding the AEVEX Securities Class Action Lawsuit:

What is the AEVEX securities fraud lawsuit about?

This lawsuit alleges that AEVEX Corp. and certain defendants made materially false and misleading statements in connection with the company's initial public offering. Specifically, the complaint alleges that defendants conveyed a commitment to honor a 180-day lock-up agreement that would have prevented Madison from selling its Class A common stock or converting its Class B shares or LLC Units into Class A common stock for public sale until at least October 13, 2026. At the same time, defendants allegedly concealed a pre-arranged plan to prematurely waive those lock-up restrictions and allow for a secondary public offering shortly after the IPO, through which Madison allegedly stood to earn over $200 million while the underwriter defendants would share in more than $8 million in additional fees. When the alleged scheme came to light, AEVEX's stock price fell sharply, erasing over $900 million in market capitalization across two separate trading days.

Who may be eligible to participate in the lawsuit?

Investors who purchased or otherwise acquired AEVEX Corp. (NYSE: AVEX) Class A common stock during the Class Period — between April 17, 2026 and June 4, 2026, inclusive — may be eligible to participate in this lawsuit. Eligibility to participate in any potential recovery is not limited to those who apply to serve as lead plaintiff; any class member who purchased shares during the defined Class Period may share in any recovery ultimately obtained. Investors are encouraged to review their trading records to determine whether their purchases fall within the applicable Class Period dates.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff is a court-appointed representative who acts on behalf of all class members in directing the litigation, including working with counsel on litigation strategy and settlement decisions. Any investor who purchased AEVEX Corp. (NYSE: AVEX) Class A common stock during the Class Period may move the court for appointment as lead plaintiff, but the deadline to file such a motion is October 19, 2026. Courts generally consider the investor with the largest financial interest in the relief sought, who also satisfies the requirements of Rule 23 of the Federal Rules of Civil Procedure, for appointment as lead plaintiff. Importantly, investors need not seek appointment as lead plaintiff to participate in the lawsuit or to share in any recovery that may result from it.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased AEVEX securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

AVEX EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds AEVEX Investors of Securities Class Action Lawsuit Deadline on October 20, 2026

SIOUX FALLS, S.D. (AP) — The Federal Bureau of Investigation has established a minimum reward of $25,000 in cases where people went missing or were killed in Indian Country, part of a broader effort to address high rates of violence affecting Native American communities.

The new minimum applies to more than 50 unsolved homicides and missing-person cases in tribal communities. Most of the cases are less than 10 years old, though a dozen have been unsolved for more than two decades, an AP analysis found.

Victims’ families and experts are unsure the higher amounts will be enough to get tipsters to come forward, citing people's fears and distrust of the federal government.

“Everybody’s scared in Oglala,” said Lisa Carlow, whose father Patrick Carlow Sr. was found dead in his Pine Ridge Reservation home in 2023. “So to me it’s like, OK, what do you guys know that you’re not saying?”

The FBI investigates federal crimes on nearly 200 Native American reservations, along with the U.S. Bureau of Indian Affairs. At the end of 2025, the FBI’s National Crime Information Center recorded just under 1,500 active cases involving missing Native Americans, though not all become federal cases. There isn't a minimum reward that applies across all FBI cases.

The FBI cited several cases in its recent announcement, including that of 8-year-old Maleeka Boone, who it said was likely struck by a vehicle on the Navajo Nation, and San Carlos Apache teenager Emily Pike, whose body was found after she disappeared from an Arizona group home.

Mary Kathryn Nagle, a citizen of the Cherokee Nation of Oklahoma and an attorney who advocates for families of missing Native Americans, said federal investigators often “parachute in” to investigate crimes in tight-knit communities where witnesses may stay silent because of distrust and fear of retribution.

Still, she said, larger rewards could provide an incentive for people to talk, and show families their loved ones’ cases are being taken seriously.

“We have people in Indian Country who know what happened to our relatives,” she said.

Luana Ross, who is Bitterroot Salish and a co-director of the Native Voices program at the University of Washington, said cash rewards could boost interest but often aren't paid out.

“It is my opinion that in reservation communities, people would be extremely reluctant to turn a friend or relative into a criminal justice system that hasn’t served them well,” she said.

Lisa Foster's longtime friend Mona Renee Vallo was found dead after a suspected hit-and-run along historic Route 66 in Laguna Pueblo, New Mexico, in 2022. Foster hopes the higher reward money will renew interest in the investigation.

Foster described Vallo as a positive, bubbly friend who could have fun no matter what. She was a member of the Confederated Tribes and Bands of the Yakama Nation.

“Someone knows something there,” Foster said. “They have to. I mean, it's weird that she went to work and then all of a sudden this happened to her.”

The reward in Carlow's case was increased to $25,000 in July, up from $10,000.

Carlow's family says the 73-year-old rancher was respected in the Oglala community. He mowed the grass for others and spent time with his grandchildren. The family said more calls started coming in after the reward was increased, but the wait for answers continues.

Meanwhile, the FBI declined to provide The Associated Press an update on the case.

“It’s so hard to get your hopes up like that and think, ‘This is it, we finally got dad’s killer.’ And then nothing comes of it,” Lisa Carlow said.

She said fear keeps community members who may have information from contacting authorities.

“I think that’s like deep-rooted within our people,” said her sister, JoDee Carlow. “It's not just on Pine Ridge. It's on every reservation.”

The FBI initially offered $5,000 for information in the deaths of two brothers from Ohio, Matthew and Philip Reagan. The reward was later doubled and now will hit $25,000. Though not Native Americans, they were killed on the Navajo Nation and are featured on the FBI’s Indian Country cases website.

The brothers planned to visit Canyon de Chelly National Monument during a trip to California. Authorities believe their SUV got stuck in mud after GPS sent them off course near Sawmill. They were shot multiple times while walking to seek help, authorities said.

Matthew Reagan’s wife, Faye Wurstner-Reagan, said she doubts a $25,000 reward will persuade anyone in the small community to come forward.

“You would have to promise someone, like, actual protection,” she said. “I mean, they brutally murdered two men.”

She suggested the FBI instead put resources toward law enforcement to keep the cases from going cold and for liaisons to keep families informed.

FBI spokesperson Brooke Brennan in Phoenix said investigating crimes in Indian Country often is complex because of the remoteness, limited resources and extensive workload.

Wurstner-Reagan hopes that families united in pain and grief over missing loved ones and unsolved killings might one day see justice.

“We're just getting forgotten, like no one is remembering any of us, and we're just told it's an active investigation,” she said.

Associated Press writers Felicia Fonseca in Flagstaff, Arizona, and Savannah Peters in Albuquerque, New Mexico, contributed to this report.

FILE - Dennis Willard, of Bellevue, Wash., carries a sign that reads "Where Is She" as he marches in support of missing and murdered indigenous women during a rally to mark Indigenous Peoples' Day in downtown Seattle, on Oct. 14, 2019. (AP Photo/Ted S. Warren, File)

Patrick Carlow, Sr. leading a horse on Pine Ridge Reservation, S.D. on June 11, 2022. (Rhonda Akers via AP)

Patrick Carlow, Sr. with his daughter Lisa Carlow on August 31, 2022 outside a restaurant in Rapid City, S.D. (Lisa Carlow via AP)

FILE - Tize W. Clark, right and his son, Zion Clark, participate in a walk to honor Native American and Indigenous relatives who have gone missing or have been killed as Missing and Murdered Indigenous Persons Awareness Day is marked in Albuquerque, New Mexico, on May 5, 2025. (AP Photo/Susan Montoya Bryan,File)