NEW YORK--(BUSINESS WIRE)--Sep 1, 2026--
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against York Space Systems, Inc. (“York” or the “Company”) (NYSE: YSS) and reminds investors of the October 30, 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: (1) that York's onboard mission and payload software was not fully functional before satellites were launched; (2) that this ongoing trend presented a risk to the Company's contracts with the SDA; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
On May 11, 2026, Wolfpack Research published a report entitled "YSS: Lost In Space — The Pentagon Just Killed 96% of York's Revenue," citing multiple former software engineers who stated that York "sent satellites into space without even knowing if the software was fit to accomplish its basic mission," and suspecting that the Pentagon's decision to eliminate Tranche 3 funding was "rooted in severe disappointment in York." On this news, YSS stock price fell approximately $7 during intraday trading on May 11, 2026, on unusually heavy trading volume.
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 York’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the York Space Systems, Inc. class action, go to www.faruqilaw.com/YSS 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 York Space Systems Securities Class Action Lawsuit:
What is the York Space Systems securities fraud lawsuit about?
The lawsuit alleges York Space Systems misled investors by failing to disclose that its onboard mission and payload software was not fully functional before satellite launches, potentially jeopardizing contracts with the Space Development Agency (SDA).
Who may be eligible to participate in the lawsuit?
Investors who acquired York securities in connection with its January 2026 IPO and/or purchased or acquired York securities between January 29, 2026 and May 11, 2026 may be eligible to participate, particularly if they suffered losses.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff represents the investor class and helps direct the litigation. Eligible York investors may ask the court to serve as lead plaintiff by filing a motion by October 30, 2026. Investors may contact Faruqi & Faruqi to discuss the process and their legal rights.
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 York Space Systems 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.
YSS DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds York Space Systems (NYSE: YSS) Investors of Securities Class Action Lawsuit Deadline on October 30, 2026
PORT ARTHUR, Texas (AP) — Tropical Storm Edouard made landfall Tuesday afternoon along the Texas-Louisiana border after picking up a late burst of strength in the Gulf of Mexico, bringing ashore heavy rains and setting off flood warnings along the coast.
The storm made landfall in the small coastal community of Johnson Bayou, Louisiana, and was expected to rapidly weaken. The storm had maximum sustained winds of 60 mph (95 kph). In the meantime, several storms were brewing in the Pacific Ocean, including Lowell, which reached hurricane strength Tuesday morning.
The hurricane center said Edouard was expected to dump 3 to 6 inches (8 to 15 centimeters) of rain along the Texas coast through east-central Texas, but some areas could see up to 9 inches (23 centimeters). Southwestern Louisiana was expected to see lesser amounts.
“That rainfall could produce some flash flooding and river flooding,” said Brad Reinhart, a senior hurricane specialist at the National Hurricane Center.
Texas Gov. Greg Abbott said the biggest problem expected from the storm is flooding.
“This is our first big storm of the season, and I’ll tell you, Texas is prepared,” Orlando Alanis of the Texas Division of Emergency Management said during a news conference.
Crews worked Monday to clear dry vegetation that could ignite from a lightning strike and cause fast-spreading fires, Abbott said.
In Cameron, Louisiana, the winds had picked up and rain was coming through on and off Tuesday morning, said Connor Salvador, who owns an RV park there near the coast. “Nothing too crazy yet,” he said.
He said while there could be a “little bit” of flooding if they get a lot of rain, he wasn't too worried about Edouard.
“We’re pretty used to all these types of storms that come through,” he said.
Forecasters said newly formed Hurricane Lowell in the Pacific Ocean was expected to remain several hundred miles away from Hawaii for the next several days at least, but swells from the hurricane were likely to impact parts of the islands beginning Wednesday.
“This hurricane is likely to increase the surf and make for dangerous beach conditions and marine conditions for any boaters near the Hawaiian islands over the next few days,” said Andrew Hagan, a forecaster with the National Hurricane Center.
Tropical Storm Marie formed in the Pacific Ocean early Tuesday well offshore of southwest Mexico and wasn’t threatening land, the center said. Forecasters said the storm about 400 miles (640 kilometers) southwest of Manzanillo was gradually strengthening and was expected to become a hurricane by Wednesday night.
Elsewhere in the Pacific, Karina became a hurricane Sunday, fueled by warm waters far from any shore. It strengthened Monday into a powerful Category 4 storm but forecasters said Tuesday that it was expected to weaken.
Meanwhile, the remnants of Tropical Storm Dolly brought rain and thunderstorms to parts of Haiti and the Dominican Republic, the Turks & Caicos, and the Bahamas, the hurricane center said.
Stengle reported from Dallas. Associated Press journalist Julie Walker contributed to this report from New York.
Fishermen cast their lines in surf stirred up by Tropical Storm Edouard in Galveston, Texas, Tuesday, Sept. 1, 2026. (Brett Coomer/Houston Chronicle via AP)
Surfers try to catch a wave in surf stirred up by Tropical Storm Edouard in Galveston, Texas, Tuesday, Sept. 1, 2026. (Brett Coomer/Houston Chronicle via AP)
Motorists drive by Texas Department of Transportation signs on I-610 as Tropical Storm Edouard approaches in Houston, Tuesday, Sept. 1, 2026. (Elizabeth Conley/Houston Chronicle via AP)
Dark clouds hand low over the horizon as Tropical Storm Edouard makes its way towards landfall in Galveston, Texas, Tuesday, Sept. 1, 2026. (Brett Coomer/Houston Chronicle via AP)
Motorists drive by Texas Department of Transportation signs on I-610 as Tropical Storm Edouard approaches in Houston, Tuesday, Sept. 1, 2026. (Elizabeth Conley/Houston Chronicle via AP)
This satellite image provided by NOAA shows Tropical Storm Edouard over the Gulf of Mexico, Tuesday, Sept. 1, 2026. (NOAA via AP)
This satellite image from the National Oceanic and Atmospheric Administration taken shows Tropical Storm Edouard heading toward the Gulf Coast, Tuesday, Sept. 1, 2026. (NOAA via AP)
This satellite image released by NOAA shows Tropical Storm Marie in the North Pacific Ocean on Tuesday, Sept.1, 2026 . (NOAA via AP)
This satellite image released by NOAA shows Hurricane Karina strengthening off the southern tip of Baja California on Sunday, Aug. 30, 2026. (NOAA via AP)
This satellite image released by NOAA shows Tropical Storm Lowell over the Pacific Ocean, Monday, Aug. 31, 2026. (NOAA via AP)
This satellite image released by NOAA shows Potential Tropical Cyclone Five forming over the Gulf of Mexico on Monday, Aug. 31, 2026. (NOAA via AP)