New York, October 22, 2026 / PRNewswire / -- Pomerantz LLP announces that a class action has been filed against XTI Aerospace, Inc (referred to as " XTI " or "the Company") ( NASDAQ : XTIA ).
Law firms state that investors who have suffered investment losses can contact Danielle Peyton, with the email address [email protected] and the phone number 646-581-9980, or they can call the toll-free number 888.4-POMLAW extension 7980. For those consulting via email, it is recommended to attach their mailing address, phone number, and the number of shares purchased.
The issue involved in this class action is: whether XTI and some of its senior executives and/or directors have engaged in securities fraud or other illegal business practices.
If investors purchased or acquired XTI securities during the class action period, they may request the court to appoint them as the lead plaintiff in the class action before October 27, 2026. Copies of the complaint are available at www.pomerantzlaw.com.
On August 17, 2026, XTI submitted a notice of extension to the U.S. Securities and Exchange Commission, stating that XTI "has determined that it is unable to submit the 10-Q quarterly report for the quarter ending June 30, 2026, within the prescribed time limit without making unreasonable efforts or incurring unreasonable costs [……] due to the registrar's ongoing internal review of its former CEO. The former CEO resigned on August 17, 2026, and there are also other related corporate governance issues involved."
Affected by this news, the stock price of XTI fell by $0.25 per share on August 18, 2026, a decrease of 15.92%, closing at $1.32 per share.
Pomerantz LLP has offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv. The firm claims to be considered one of the leading law firms in the areas of corporate, securities, and antitrust class actions. Pomerantz was founded by the late Abraham L. Pomerantz is known as a pioneer in the field of class action litigation and established the groundwork for securities class actions. The firm states that, more than 85 years later, Pomerantz continues this tradition by fighting for the rights of victims of securities fraud, breaches of fiduciary duty, and corporate misconduct, and has represented class members in obtaining compensation awards in the millions of dollars. For more information, please visit www.pomlaw.com.
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Contact Person:
Danielle PeytonPomerantz LLP[ email protected ]646-581-9980, extension 7980
