New York, October 22, 2026 /PRNewswire/ -- Pomerantz LLP announces that it has filed a class action lawsuit against XTI Aerospace, Inc. (referred to as “XTI” or the “Company”) (NASDAQ: XTIA).
The law firm states that investors who suffered investment losses can contact Danielle Peyton at [email protected], by phone at 646-581-9980, or toll-free at 888.4-POMLAW, extension 7980. Those contacting via email are advised to include their mailing address, phone number, and the number of shares purchased.
The class action lawsuit concerns whether XTI and certain of its executives and/or directors engaged in securities fraud or other unlawful business practices.
Investors who purchased or otherwise acquired XTI securities during the class period may apply to the court to be appointed lead plaintiff by October 27, 2026. A copy of the complaint may be obtained at www.pomerantzlaw.com.
On August 17, 2026, XTI filed a notice of late filing with the U.S. Securities and Exchange Commission, stating that XTI “has determined that it cannot file its Form 10-Q quarterly report for the quarter ended June 30, 2026, within the prescribed time frame without unreasonable effort or expense, as the registrant is finalizing an internal review of its former Chief Executive Officer. The former Chief Executive Officer resigned on August 17, 2026, and the review also involves other related corporate governance matters.”
Affected by this news, XTI's stock price dropped $0.25 per share, or 15.92%, closing at $1.32 per share on August 18, 2026.
Pomerantz LLP has offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv. The firm states that it is regarded as one of the leading law firms in the fields of corporate, securities, and antitrust class actions. Pomerantz was founded by the late Abraham L. Pomerantz, who is known as a pioneer in the field of class action litigation and who pioneered the area of securities class actions. The firm says that more than 85 years later, Pomerantz continues its legacy by advocating for victims of securities fraud, breaches of fiduciary duty, and corporate misconduct, and has secured numerous multi-million-dollar judgments on behalf of class members. For more information, visit www.pomlaw.com.
Attorney advertisement. Past results do not guarantee similar future outcomes.
Contact:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980