{"success":true,"data":{"pressRelease":{"id":"152304","rtpr_id":"nPn7KFSMsa-20260924","ticker":"YSS","exchange":"NYSE","all_tickers":["YSS"],"title":"SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of October 30, 2026 in York Space Systems Inc. Lawsuit - YSS","author":"PR Newswire","published_at":"2026-09-24T14:11:01.670Z","article_body":"SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of October 30, 2026 in York Space Systems Inc. Lawsuit - YSS\nPR Newswire\n\nNEW YORK, Sept. 24, 2026\n\nYork Space Systems told IPO buyers it held an \"incumbent position leading into\nTranches 3 and 4\" and touted a modular satellite platform. Weeks later the\nPentagon halted Tranche 3 funding, and YSS fell from $34.00 to as low as $9.33\nper share.\n\nNEW YORK, Sept. 24, 2026 /PRNewswire/ -- SueWallSt notifies investors in York\nSpace Systems Inc. (NYSE: YSS) that a class action has been filed on behalf of\nshareholders who purchased securities between January 29, 2026 and May 11,\n2026, and on behalf of purchasers in or traceable to the Company's January\n2026 initial public offering. Check if you might be eligible to recover your\ninvestment losses\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4781498-5&h=3220773711&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fyork-space-systems-inc-class-action-lawsuit-yss%3Fprid%3D204326%26wire%3D4&a=Check+if+you+might+be+eligible+to+recover+your+investment+losses)\n. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\n(mailto:jlevi@SueWallSt.com)  or (888) SueWallSt.\n\nYork priced approximately 18.5 million shares at $34.00 in January 2026,\nraising roughly $583.4 million. By the commencement of the action, YSS traded\nas low as $9.33, a decline of $24.67 per share, or more than 70%. Investors\nseeking appointment as lead plaintiff must file by October 30, 2026.\n\nThe Promise\n\nThe Company projected continued dominance of the Space Development Agency's\nTransport Layer program, describing itself as \"a prime awardee on SDA\ncontracts across Tranches 0, 1 and 2 with an incumbent position leading into\nTranches 3 and 4.\" Offering materials marketed spacecraft \"supported by\nproprietary satellite software enabling versatile integration of a variety of\npayloads\" and a \"modular, backward-compatible design approach.\" Full year 2025\nrevenue rose $133 million, or 52%, to $386 million.\n\nThe Reality\n\nOn March 26, 2026, Breaking Defense reported the SDA was \"at least three\nmonths behind schedule\" on demonstrating laser mesh networking and had taken a\n\"strategic pause\" on Tranche 1 launches. In April 2026, the Space Force Spring\n2026 budget restructured the Transport Layer program and halted Tranche 3\npayments. On May 11, 2026, a published short report citing former employees\nstated York \"sent satellites into space without even knowing if the software\nwas fit to accomplish its basic mission,\" with one former employee calling the\nmodular platform claim \"false advertising.\" Shares fell approximately $7\nintraday on unusually heavy volume.\n\nPromise vs. Actual: By the Numbers\n\n * Promised: \"incumbent position leading into Tranches 3 and 4.\" Actual: Tranche\n3 funding halted and redirected to the newly unveiled Space Data Network.\n * Promised: 52% revenue growth to $386 million. Actual: 96% of that revenue came\nfrom a single customer whose program was restructured months after the IPO.\n * Promised: a scalable modular architecture. Alleged: satellites built \"made to\norder,\" with no stock platforms ready to pull off the shelf.\n * Promised: proprietary flight and mission software. Alleged: mission and\npayload software was not fully functional before launch and was debugged on\norbit.\n * Promised entry price: $34.00 per share. Result: as low as $9.33, a gap of\n$24.67 per share.\nThe gap between what was marketed and what was allegedly delivered is the core\nof the case. The complaint alleges the registration statement omitted that\nincomplete onboard software presented a known risk to the SDA relationship\nthat generated nearly all of York's revenue.\n\n\"Companies that make specific promises to investors about future performance\nhave an obligation to disclose known risks to those projections. The\nallegation here is that York marketed an incumbent position in Tranche 3 while\nsoftware readiness problems were already affecting delivered spacecraft.\" --\nJoseph E. Levi, Esq.\n\nLearn more about the case\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4781498-5&h=4128448113&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fyork-space-systems-inc-class-action-lawsuit-yss%3Fprid%3D204326%26wire%3D4&a=Learn+more+about+the+case)\n or call (888) SueWallSt.\n\nWHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi &\nKorsinsky LLP has established itself as a nationally-recognized securities\nlitigation firm that has secured hundreds of millions of dollars for aggrieved\nshareholders and built a track record of winning high-stakes cases. The firm\nhas extensive expertise representing investors in complex securities\nlitigation and a team of over 70 employees to serve our clients. For seven\nyears in a row, Levi & Korsinsky has ranked in ISS Securities Class Action\nServices' Top 50 Report as one of the top securities litigation firms in the\nUnited States.\n\nFrequently Asked Questions About the YSS Lawsuit\n\nQ: When did York Space Systems Inc. allegedly mislead investors? A: The Class\nPeriod runs from January 29, 2026 to May 11, 2026. The complaint alleges that\ncorrective disclosures revealed information that caused a significant stock\ndecline.\n\nQ: What court was the YSS class action filed in? A: The case was filed in the\nUnited States District Court for the District of Colorado, governed by the\nPrivate Securities Litigation Reform Act of 1995.\n\nQ: Who are the defendants named in the YSS lawsuit? A: The complaint names\nYork Space Systems Inc. and individual defendants including senior executives\nwho signed SEC filings, made public statements, or certified financial\ndisclosures under Sarbanes-Oxley.\n\nQ: What do YSS investors need to do right now? A: Investors may gather\nbrokerage records showing purchase dates, share quantities, and prices paid.\nSubmit your information for a no-cost, no-obligation evaluation of your\npotential recovery\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4781498-5&h=1210776236&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fyork-space-systems-inc-class-action-lawsuit-yss%3Fprid%3D204326%26wire%3D4&a=Submit+your+information+for+a+no-cost%2C+no-obligation+evaluation+of+your+potential+recovery)\n. No immediate action is required to remain eligible as an absent class\nmember.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is\nthe investor appointed by the court to represent the entire class. Lead\nplaintiffs are typically investors with the largest documented losses. Being\nappointed does not increase individual recovery but gives direct oversight of\nhow the case is run.\n\nQ: What if my YSS losses are small -- is it still worth contacting a\nlawyer? A: Yes. There is no minimum loss amount required to participate as a\nclass member.\n\nQ: What does it cost me to participate? A: There is no upfront cost to submit\nyour information and review whether you may be eligible to recover. Should you\nchoose to participate in the securities class action, they are generally\nhandled on a contingency basis, with any attorneys' fees and expenses subject\nto court approval.\n\nQ: How long will the lawsuit take to resolve? A: Securities class actions\ntypically take two to four years from initial filing to resolution. Timing\ndepends on the court schedule, case developments, and whether the matter is\ndismissed, settled, or litigated further.\n\nCONTACT:\\\n\nLevi & Korsinsky, LLP\\\n\nJoseph E. Levi, Esq.\\\n\n33 Whitehall Street, 27th Floor\\\n\nNew York, NY 10004\\\n\njlevi@SueWallSt.com (mailto:jlevi@SueWallSt.com) \\\n\nTel: (888) SueWallSt\\\n\nFax: (212) 363-7171\n\nAttorney Advertising. Prior results do not guarantee similar outcomes.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/suewallst-reminds-shareholders-of-a-lead-plaintiff-deadline-of-october-30-2026-in-york-space-systems-inc-lawsuit---yss-302888749.html\n(https://www.prnewswire.com/news-releases/suewallst-reminds-shareholders-of-a-lead-plaintiff-deadline-of-october-30-2026-in-york-space-systems-inc-lawsuit---yss-302888749.html)\n\nSOURCE SueWallSt.com\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1812443/suewallst-logo-1-Logo.jpg?id=OA2967458\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn7KFSMsa-20260924","title":"SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of October 30, 2026 in York Space Systems Inc. Lawsuit - YSS","author":"PR Newswire","ticker":"YSS","created":"2026-09-24T14:11:01.670Z","tickers":["YSS"],"exchange":"NYSE","article_body":"SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of October 30, 2026 in York Space Systems Inc. Lawsuit - YSS\nPR Newswire\n\nNEW YORK, Sept. 24, 2026\n\nYork Space Systems told IPO buyers it held an \"incumbent position leading into\nTranches 3 and 4\" and touted a modular satellite platform. Weeks later the\nPentagon halted Tranche 3 funding, and YSS fell from $34.00 to as low as $9.33\nper share.\n\nNEW YORK, Sept. 24, 2026 /PRNewswire/ -- SueWallSt notifies investors in York\nSpace Systems Inc. (NYSE: YSS) that a class action has been filed on behalf of\nshareholders who purchased securities between January 29, 2026 and May 11,\n2026, and on behalf of purchasers in or traceable to the Company's January\n2026 initial public offering. Check if you might be eligible to recover your\ninvestment losses\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4781498-5&h=3220773711&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fyork-space-systems-inc-class-action-lawsuit-yss%3Fprid%3D204326%26wire%3D4&a=Check+if+you+might+be+eligible+to+recover+your+investment+losses)\n. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\n(mailto:jlevi@SueWallSt.com)  or (888) SueWallSt.\n\nYork priced approximately 18.5 million shares at $34.00 in January 2026,\nraising roughly $583.4 million. By the commencement of the action, YSS traded\nas low as $9.33, a decline of $24.67 per share, or more than 70%. Investors\nseeking appointment as lead plaintiff must file by October 30, 2026.\n\nThe Promise\n\nThe Company projected continued dominance of the Space Development Agency's\nTransport Layer program, describing itself as \"a prime awardee on SDA\ncontracts across Tranches 0, 1 and 2 with an incumbent position leading into\nTranches 3 and 4.\" Offering materials marketed spacecraft \"supported by\nproprietary satellite software enabling versatile integration of a variety of\npayloads\" and a \"modular, backward-compatible design approach.\" Full year 2025\nrevenue rose $133 million, or 52%, to $386 million.\n\nThe Reality\n\nOn March 26, 2026, Breaking Defense reported the SDA was \"at least three\nmonths behind schedule\" on demonstrating laser mesh networking and had taken a\n\"strategic pause\" on Tranche 1 launches. In April 2026, the Space Force Spring\n2026 budget restructured the Transport Layer program and halted Tranche 3\npayments. On May 11, 2026, a published short report citing former employees\nstated York \"sent satellites into space without even knowing if the software\nwas fit to accomplish its basic mission,\" with one former employee calling the\nmodular platform claim \"false advertising.\" Shares fell approximately $7\nintraday on unusually heavy volume.\n\nPromise vs. Actual: By the Numbers\n\n * Promised: \"incumbent position leading into Tranches 3 and 4.\" Actual: Tranche\n3 funding halted and redirected to the newly unveiled Space Data Network.\n * Promised: 52% revenue growth to $386 million. Actual: 96% of that revenue came\nfrom a single customer whose program was restructured months after the IPO.\n * Promised: a scalable modular architecture. Alleged: satellites built \"made to\norder,\" with no stock platforms ready to pull off the shelf.\n * Promised: proprietary flight and mission software. Alleged: mission and\npayload software was not fully functional before launch and was debugged on\norbit.\n * Promised entry price: $34.00 per share. Result: as low as $9.33, a gap of\n$24.67 per share.\nThe gap between what was marketed and what was allegedly delivered is the core\nof the case. The complaint alleges the registration statement omitted that\nincomplete onboard software presented a known risk to the SDA relationship\nthat generated nearly all of York's revenue.\n\n\"Companies that make specific promises to investors about future performance\nhave an obligation to disclose known risks to those projections. The\nallegation here is that York marketed an incumbent position in Tranche 3 while\nsoftware readiness problems were already affecting delivered spacecraft.\" --\nJoseph E. Levi, Esq.\n\nLearn more about the case\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4781498-5&h=4128448113&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fyork-space-systems-inc-class-action-lawsuit-yss%3Fprid%3D204326%26wire%3D4&a=Learn+more+about+the+case)\n or call (888) SueWallSt.\n\nWHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi &\nKorsinsky LLP has established itself as a nationally-recognized securities\nlitigation firm that has secured hundreds of millions of dollars for aggrieved\nshareholders and built a track record of winning high-stakes cases. The firm\nhas extensive expertise representing investors in complex securities\nlitigation and a team of over 70 employees to serve our clients. For seven\nyears in a row, Levi & Korsinsky has ranked in ISS Securities Class Action\nServices' Top 50 Report as one of the top securities litigation firms in the\nUnited States.\n\nFrequently Asked Questions About the YSS Lawsuit\n\nQ: When did York Space Systems Inc. allegedly mislead investors? A: The Class\nPeriod runs from January 29, 2026 to May 11, 2026. The complaint alleges that\ncorrective disclosures revealed information that caused a significant stock\ndecline.\n\nQ: What court was the YSS class action filed in? A: The case was filed in the\nUnited States District Court for the District of Colorado, governed by the\nPrivate Securities Litigation Reform Act of 1995.\n\nQ: Who are the defendants named in the YSS lawsuit? A: The complaint names\nYork Space Systems Inc. and individual defendants including senior executives\nwho signed SEC filings, made public statements, or certified financial\ndisclosures under Sarbanes-Oxley.\n\nQ: What do YSS investors need to do right now? A: Investors may gather\nbrokerage records showing purchase dates, share quantities, and prices paid.\nSubmit your information for a no-cost, no-obligation evaluation of your\npotential recovery\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4781498-5&h=1210776236&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fyork-space-systems-inc-class-action-lawsuit-yss%3Fprid%3D204326%26wire%3D4&a=Submit+your+information+for+a+no-cost%2C+no-obligation+evaluation+of+your+potential+recovery)\n. No immediate action is required to remain eligible as an absent class\nmember.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is\nthe investor appointed by the court to represent the entire class. Lead\nplaintiffs are typically investors with the largest documented losses. Being\nappointed does not increase individual recovery but gives direct oversight of\nhow the case is run.\n\nQ: What if my YSS losses are small -- is it still worth contacting a\nlawyer? A: Yes. There is no minimum loss amount required to participate as a\nclass member.\n\nQ: What does it cost me to participate? A: There is no upfront cost to submit\nyour information and review whether you may be eligible to recover. Should you\nchoose to participate in the securities class action, they are generally\nhandled on a contingency basis, with any attorneys' fees and expenses subject\nto court approval.\n\nQ: How long will the lawsuit take to resolve? A: Securities class actions\ntypically take two to four years from initial filing to resolution. Timing\ndepends on the court schedule, case developments, and whether the matter is\ndismissed, settled, or litigated further.\n\nCONTACT:\\\n\nLevi & Korsinsky, LLP\\\n\nJoseph E. Levi, Esq.\\\n\n33 Whitehall Street, 27th Floor\\\n\nNew York, NY 10004\\\n\njlevi@SueWallSt.com (mailto:jlevi@SueWallSt.com) \\\n\nTel: (888) SueWallSt\\\n\nFax: (212) 363-7171\n\nAttorney Advertising. Prior results do not guarantee similar outcomes.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/suewallst-reminds-shareholders-of-a-lead-plaintiff-deadline-of-october-30-2026-in-york-space-systems-inc-lawsuit---yss-302888749.html\n(https://www.prnewswire.com/news-releases/suewallst-reminds-shareholders-of-a-lead-plaintiff-deadline-of-october-30-2026-in-york-space-systems-inc-lawsuit---yss-302888749.html)\n\nSOURCE SueWallSt.com\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1812443/suewallst-logo-1-Logo.jpg?id=OA2967458\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-24T14:11:01.707247059Z","server_sent_at_ms":1790259061707},"received_at":"2026-09-24T14:11:01.759Z","source_url":"https://www.prnewswire.com/news-releases/suewallst-reminds-shareholders-of-a-lead-plaintiff-deadline-of-october-30-2026-in-york-space-systems-inc-lawsuit---yss-302888749.html"},"analysis":{"id":"141111","press_release_id":"152304","analysis_json":{"industry":{"label":"Aerospace & Defense","sector":"Industrials"},"redFlags":["alleged registration statement omissions regarding software readiness risk to SDA relationship","96% of revenue concentrated in a single customer whose program was restructured","stock fell more than 70% from IPO price to $9.33"],"eventType":"legal_litigation","narrative":"SueWallSt (Levi & Korsinsky) issued a lead-plaintiff-deadline reminder for a securities class action against York Space Systems, covering purchasers from January 29 to May 11, 2026 and January 2026 IPO buyers; the deadline is October 30, 2026.\n\nThe recap alleges York marketed an incumbent SDA Tranche 3/4 position before the Space Force halted Tranche 3 funding, with the stock falling from a $34.00 IPO price to as low as $9.33 and 96% of FY2025 revenue tied to a single customer.\n\nThis is law-firm marketing tied to an existing suit, not a new issuer disclosure; the underlying allegations (software readiness, customer concentration) were already public in May 2026.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation with no new disclosure -- suppress; underlying fraud allegations already public."},"keyFigures":{"dealValueUsd":583400000,"offeringPrice":34,"sharesOffered":18500000,"customDimensions":{"court":"U.S. District Court, District of Colorado","ipo_price":"$34.00","low_price":"$9.33","class_period":"January 29, 2026 to May 11, 2026","price_decline":"$24.67 per share (more than 70%)","fy2025_revenue":386000000,"revenue_growth":"52%","lead_plaintiff_deadline":"October 30, 2026","single_customer_revenue_share":"96%"}},"quotedText":"Companies that make specific promises to investors about future performance have an obligation to disclose known risks to those projections.","namedEntities":{"people":[{"name":"Joseph E. Levi, Esq.","role":"attorney, Levi & Korsinsky LLP"}],"products":["Transport Layer satellite program (Tranches 0-4)","modular satellite platform"],"companies":[{"name":"York Space Systems Inc.","ticker":"YSS","relationship":"defendant / named issuer"},{"name":"Levi & Korsinsky LLP","relationship":"plaintiff law firm"},{"name":"SueWallSt","relationship":"plaintiff law firm brand"},{"name":"Space Development Agency","relationship":"primary government customer program"}],"dollarAmounts":[{"amount":"$583.4 million","context":"January 2026 IPO proceeds"},{"amount":"$34.00","context":"IPO price per share"},{"amount":"$9.33","context":"low share price reached"},{"amount":"$386 million","context":"full year 2025 revenue"},{"amount":"$133 million","context":"FY2025 revenue increase"}]},"materialImpact":{"score":2,"reasoning":"Plaintiff law-firm solicitation (SueWallSt/Levi & Korsinsky) reminding investors of a lead plaintiff deadline in an already-filed securities class action against York Space Systems. No new issuer disclosure, no certified class, no settlement; score bumped to 2 only because the release recaps a material stock collapse (>70%) and serious fraud allegations."},"tickerRelevance":{"others":[],"primary":"YSS"},"globalImportance":18,"audienceRelevance":12,"eventTypeSecondary":[],"importanceComponents":{"note":"recapped stock decline is severe, but the release itself is a deadline reminder with no new disclosure","tickerTier":"recent-IPO mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"SueWallSt (Levi & Korsinsky) issued a lead-plaintiff-deadline reminder for a securities class action against York Space Systems, covering purchasers from January 29 to May 11, 2026 and January 2026 IPO buyers; the deadline is October 30, 2026.\n\nThe recap alleges York marketed an incumbent SDA Tranche 3/4 position before the Space Force halted Tranche 3 funding, with the stock falling from a $34.00 IPO price to as low as $9.33 and 96% of FY2025 revenue tied to a single customer.\n\nThis is law-firm marketing tied to an existing suit, not a new issuer disclosure; the underlying allegations (software readiness, customer concentration) were already public in May 2026.","key_figures":{"dealValueUsd":583400000,"offeringPrice":34,"sharesOffered":18500000,"customDimensions":{"court":"U.S. District Court, District of Colorado","ipo_price":"$34.00","low_price":"$9.33","class_period":"January 29, 2026 to May 11, 2026","price_decline":"$24.67 per share (more than 70%)","fy2025_revenue":386000000,"revenue_growth":"52%","lead_plaintiff_deadline":"October 30, 2026","single_customer_revenue_share":"96%"}},"named_entities":{"people":[{"name":"Joseph E. Levi, Esq.","role":"attorney, Levi & Korsinsky LLP"}],"products":["Transport Layer satellite program (Tranches 0-4)","modular satellite platform"],"companies":[{"name":"York Space Systems Inc.","ticker":"YSS","relationship":"defendant / named issuer"},{"name":"Levi & Korsinsky LLP","relationship":"plaintiff law firm"},{"name":"SueWallSt","relationship":"plaintiff law firm brand"},{"name":"Space Development Agency","relationship":"primary government customer program"}],"dollarAmounts":[{"amount":"$583.4 million","context":"January 2026 IPO proceeds"},{"amount":"$34.00","context":"IPO price per share"},{"amount":"$9.33","context":"low share price reached"},{"amount":"$386 million","context":"full year 2025 revenue"},{"amount":"$133 million","context":"FY2025 revenue increase"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-24T14:11:09.938Z","global_importance":18,"audience_relevance":12,"importance_components":{"note":"recapped stock decline is severe, but the release itself is a deadline reminder with no new disclosure","tickerTier":"recent-IPO mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":8164,"modelName":"glm-5.3-flashx"}}