Los Angeles – September 10, 2026 -- Glancy Prongay Wolke & Rotter LLP has opened a lead plaintiff window closing October 27, 2026 for investors who lost money on XTI Aerospace, Inc. securities amid allegations of securities fraud.
Class period spans four months of allegedly misleading statements
The complaint covers purchases made between April 15, 2026 and August 17, 2026, during which defendants allegedly made materially false or misleading statements about XTI Aerospace's business, operations, and prospects.
Undisclosed executive conduct triggered board review
According to the filing, senior executives engaged in undisclosed activities that required Board review, raising doubts about the effectiveness of the company's disclosure controls and procedures.
Company failed to file earnings reports on time
As a result of these internal issues, XTI Aerospace was unable to timely file its earnings reports, the complaint alleges, undermining prior positive statements about the company's operations and prospects.
Lead plaintiff motion deadline set for October 27, 2026
Investors seeking to serve as lead plaintiff must move the court by that date; no class has yet been certified, and shareholders who purchased XTI Aerospace securities during the class period may also remain absent class members without taking action.
GPWR cites recent securities litigation track record
Glancy Prongay Wolke & Rotter LLP, which was named one of Law360's Securities Groups of the Year and ranked second in total investor recoveries by Institutional Shareholder Services Securities Class Action Services in 2025, is soliciting affected investors to evaluate potential claims.