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Class Action Alert: York Space Systems Investors

York Space Systems, Inc. (NYSE: YSS) is currently embroiled in a significant federal securities class action lawsuit. This legal action, initiated by the law firm Hagens Berman Sobol Shapiro LLP, is a crucial development for investors who purchased shares of York during its IPO in January 2026 and throughout the class period ending on May 11, 2026.

Overview of the Case

The lawsuit addresses allegations of securities fraud. Specifically, it claims that York Space Systems and its executives provided materially false and misleading statements regarding the company's operational capabilities and financial status. These misleading statements were made during the company’s initial public offering process, and, crucially, they obscured serious issues related to the functionality of the company’s onboard satellite software.

Claims Against York Space Systems

The allegations detail that:

• - Pre-Launch Software Failures: York's mission and payload software was not fully operational before the satellites were launched into orbit. This lack of readiness jeopardized their primary function.
• - Operational Milestones at Risk: Persistent software deficiencies threatened satellite operations and the adherence to contractually required delivery milestones.
• - Undisclosed Risks: The operational failures posed unreported risks to crucial contracts with the U.S. Department of Defense's Space Development Agency (SDA), including significant funding for Tranche 3 contracts.
• - Misleading Statements: The information shared by York regarding its manufacturing capabilities, software reliability, and commercial backlogs were found to be materially misleading.

The law firm is investigating the extent of York management’s knowledge regarding these operational concerns and when such issues were first identified.

What Investors Should Do

If you invested in York Space Systems and experienced financial losses, it is imperative to take action before the lead plaintiff deadline of October 30, 2026. Investors are encouraged to file claims to be considered for lead plaintiff status in this class action.

Steps to Take:

1. Visit the Official Case Page: More information can be found at Hagens Berman’s official page for this lawsuit.
2. Contact an Attorney: Reach out to Reed Kathrein, the attorney leading the investigation, at [email protected] or call 844-916-0895 for assistance with your legal rights.
3. Consider Whistleblower Options: Individuals with non-public information about York Space Systems should consider the SEC Whistleblower program, which offers rewards for information leading to successful recoveries.

About Hagens Berman

Hagens Berman is a well-established plaintiffs’ rights litigation firm, focusing on holding corporations accountable for their actions. They have successfully recovered over $2.9 billion for their clients in corporate fraud cases, underlining their commitment to protecting investor rights. The firm continues to provide updates and critical information to those impacted by this evolving situation.

Investors are reminded that they need to act quickly given the impending deadlines. Ensuring that you have the necessary information, and seek legal support could help mitigate losses from this potential fraud case.