{"success":true,"data":{"pressRelease":{"id":"171774","rtpr_id":"nGNX4ZKWJ1-20261016","ticker":"YSS","exchange":"NYSE","all_tickers":["YSS"],"title":"YSS Investor Alert: Johnson Fistel Encourages York Space Systems Inc. Investors to Contact the Firm Ahead of October 30, 2026 Lead Plaintiff Deadline","author":"Globe Newswire","published_at":"2026-10-16T17:33:20.089Z","article_body":"SAN DIEGO, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a\nshareholder-rights law firm, announces that a securities class action lawsuit\nhas been filed in the United States District Court for the District of\nColorado on behalf of investors who acquired York Space Systems Inc. (NYSE:\nYSS): (a) common stock pursuant and/or traceable to the Company’s January\n2026 initial public offering; and/or (b) securities between January 29, 2026\nand May 11, 2026, inclusive (the “Class Period”).\n\nThe lawsuit, captioned Ianelli v. York Space Systems Inc., et al., No.\n1:26-cv-04074, alleges violations of Sections 11 and 15 of the Securities Act\nof 1933, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and\nSEC Rule 10b-5.\n\nTo learn more and submit your information, visit:\nhttps://www.johnsonfistel.com/investigations/york-space-systems-class-action/\n\nWhat Is the York Space Systems Class Action About?\n\nYork operates as a space and defense provider that primarily sells satellites\nand satellite-related services. According to the complaint, approximately 96%\nof York’s fiscal 2025 revenue was derived from projects contracted by the\nU.S. Federal Government through the Pentagon’s Space Development Agency\n(“SDA”). The majority of those projects were awarded under the SDA’s\nTransport Layer program, an experimental military satellite constellation\ndesigned to provide global tactical data.\n\nThe complaint alleges that York’s IPO registration statement touted the\nCompany’s successful launches with the SDA, proprietary satellite software,\nmission-ready ground software, modular spacecraft platforms, and position to\nobtain future SDA awards.\n\nThe complaint alleges that York’s registration statement was negligently\nprepared and contained materially untrue or misleading statements or omitted\nmaterial information. It further alleges that York and certain executives made\nmaterially false or misleading statements during the Class Period.\n\nAccording to the complaint, defendants failed to disclose that:\n\n(1) York’s onboard mission and payload software was not fully functional\nbefore satellites were launched;\n\n(2) this alleged ongoing software issue presented a risk to York’s contracts\nwith the SDA; and\n\n(3) as a result, defendants’ positive statements concerning York’s\nbusiness, operations, and prospects were materially misleading or lacked a\nreasonable basis.\n\nWhat Is a Lead Plaintiff?\n\nThe lead plaintiff is a court-appointed investor who acts on behalf of the\nproposed class in directing the litigation. Investors seeking appointment as\nlead plaintiff must file their motions with the Court by October 30, 2026.\n\nServing as lead plaintiff is not required to share in any potential recovery.\nInvestors may retain counsel of their choice, take no action, or remain absent\nmembers of the proposed class. No class has yet been certified.\n\nAttorney advertising. Past results do not guarantee future outcomes. Services\nmay be performed by attorneys in any of our offices. This press release may be\nconsidered a promotional communication. Frank J. Johnson is the attorney\nresponsible for this communication.\n\nContact\nJohnson Fistel, PLLP\n501 W. Broadway, Suite 800\nSan Diego, CA 92101\nJames Baker, Investor Relations\n(619) 814-4471\njimb@johnsonfistel.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/bb2e6cf6-9d53-4d2e-a5d2-759cdd3b516c)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4ZKWJ1-20261016","title":"YSS Investor Alert: Johnson Fistel Encourages York Space Systems Inc. Investors to Contact the Firm Ahead of October 30, 2026 Lead Plaintiff Deadline","author":"Globe Newswire","ticker":"YSS","created":"2026-10-16T17:33:20.089Z","tickers":["YSS"],"exchange":"NYSE","article_body":"SAN DIEGO, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a\nshareholder-rights law firm, announces that a securities class action lawsuit\nhas been filed in the United States District Court for the District of\nColorado on behalf of investors who acquired York Space Systems Inc. (NYSE:\nYSS): (a) common stock pursuant and/or traceable to the Company’s January\n2026 initial public offering; and/or (b) securities between January 29, 2026\nand May 11, 2026, inclusive (the “Class Period”).\n\nThe lawsuit, captioned Ianelli v. York Space Systems Inc., et al., No.\n1:26-cv-04074, alleges violations of Sections 11 and 15 of the Securities Act\nof 1933, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and\nSEC Rule 10b-5.\n\nTo learn more and submit your information, visit:\nhttps://www.johnsonfistel.com/investigations/york-space-systems-class-action/\n\nWhat Is the York Space Systems Class Action About?\n\nYork operates as a space and defense provider that primarily sells satellites\nand satellite-related services. According to the complaint, approximately 96%\nof York’s fiscal 2025 revenue was derived from projects contracted by the\nU.S. Federal Government through the Pentagon’s Space Development Agency\n(“SDA”). The majority of those projects were awarded under the SDA’s\nTransport Layer program, an experimental military satellite constellation\ndesigned to provide global tactical data.\n\nThe complaint alleges that York’s IPO registration statement touted the\nCompany’s successful launches with the SDA, proprietary satellite software,\nmission-ready ground software, modular spacecraft platforms, and position to\nobtain future SDA awards.\n\nThe complaint alleges that York’s registration statement was negligently\nprepared and contained materially untrue or misleading statements or omitted\nmaterial information. It further alleges that York and certain executives made\nmaterially false or misleading statements during the Class Period.\n\nAccording to the complaint, defendants failed to disclose that:\n\n(1) York’s onboard mission and payload software was not fully functional\nbefore satellites were launched;\n\n(2) this alleged ongoing software issue presented a risk to York’s contracts\nwith the SDA; and\n\n(3) as a result, defendants’ positive statements concerning York’s\nbusiness, operations, and prospects were materially misleading or lacked a\nreasonable basis.\n\nWhat Is a Lead Plaintiff?\n\nThe lead plaintiff is a court-appointed investor who acts on behalf of the\nproposed class in directing the litigation. Investors seeking appointment as\nlead plaintiff must file their motions with the Court by October 30, 2026.\n\nServing as lead plaintiff is not required to share in any potential recovery.\nInvestors may retain counsel of their choice, take no action, or remain absent\nmembers of the proposed class. No class has yet been certified.\n\nAttorney advertising. Past results do not guarantee future outcomes. Services\nmay be performed by attorneys in any of our offices. This press release may be\nconsidered a promotional communication. Frank J. Johnson is the attorney\nresponsible for this communication.\n\nContact\nJohnson Fistel, PLLP\n501 W. Broadway, Suite 800\nSan Diego, CA 92101\nJames Baker, Investor Relations\n(619) 814-4471\njimb@johnsonfistel.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/bb2e6cf6-9d53-4d2e-a5d2-759cdd3b516c)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-16T17:33:20.126952792Z","server_sent_at_ms":1792172000126},"received_at":"2026-10-16T17:33:20.178Z","source_url":null},"analysis":{"id":"159928","press_release_id":"171774","analysis_json":{"redFlags":["Alleged undisclosed pre-launch software functionality issues","Extreme customer concentration: ~96% of FY2025 revenue from U.S. government / SDA contracts","Claims cover the January 2026 IPO registration statement (Securities Act Sections 11 and 15)"],"eventType":"legal_litigation","narrative":"A securities class action (Ianelli v. York Space Systems Inc., No. 1:26-cv-04074) has been filed in the District of Colorado covering the January 2026 IPO and investors who bought between January 29 and May 11, 2026.\n\nThe complaint alleges York's IPO registration statement was negligently prepared and that onboard mission and payload software was not fully functional before satellites launched, creating risk to Space Development Agency contracts that drove roughly 96% of fiscal 2025 revenue.\n\nThis release itself is a Johnson Fistel investor solicitation ahead of an October 30, 2026 lead plaintiff deadline; no class has been certified and the company has not issued its own disclosure.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress; watch for issuer response or DOJ/SEC action on the SDA software allegations."},"keyFigures":{"customDimensions":{"class_period_end":"May 11, 2026","sda_revenue_share":"approximately 96% of fiscal 2025 revenue","class_period_start":"January 29, 2026","lead_plaintiff_deadline":"October 30, 2026"}},"quotedText":"approximately 96%\nof York's fiscal 2025 revenue was derived from projects contracted by the\nU.S. Federal Government through the Pentagon's Space Development Agency","namedEntities":{"people":[{"name":"Frank J. Johnson","role":"attorney responsible for communication"},{"name":"James Baker","role":"Investor Relations, Johnson Fistel"}],"products":["Transport Layer program satellites"],"companies":[{"name":"York Space Systems Inc.","ticker":"YSS","relationship":"target of class action"},{"name":"Johnson Fistel, PLLP","relationship":"plaintiff law firm"},{"name":"Space Development Agency (SDA)","relationship":"primary customer referenced in complaint"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation issued by Johnson Fistel regarding a newly filed securities class action against York Space Systems. Law-firm authorship with solicitation language; no certified class or settlement; treat as low-signal noise, though the underlying claims (undisclosed software defects jeopardizing SDA contracts) merit noting."},"tickerRelevance":{"others":[],"primary":"YSS"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"note":"underlying allegations (SDA contract risk, IPO disclosure) are substantive but unproven","tickerTier":"recent-IPO mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"A securities class action (Ianelli v. York Space Systems Inc., No. 1:26-cv-04074) has been filed in the District of Colorado covering the January 2026 IPO and investors who bought between January 29 and May 11, 2026.\n\nThe complaint alleges York's IPO registration statement was negligently prepared and that onboard mission and payload software was not fully functional before satellites launched, creating risk to Space Development Agency contracts that drove roughly 96% of fiscal 2025 revenue.\n\nThis release itself is a Johnson Fistel investor solicitation ahead of an October 30, 2026 lead plaintiff deadline; no class has been certified and the company has not issued its own disclosure.","key_figures":{"customDimensions":{"class_period_end":"May 11, 2026","sda_revenue_share":"approximately 96% of fiscal 2025 revenue","class_period_start":"January 29, 2026","lead_plaintiff_deadline":"October 30, 2026"}},"named_entities":{"people":[{"name":"Frank J. Johnson","role":"attorney responsible for communication"},{"name":"James Baker","role":"Investor Relations, Johnson Fistel"}],"products":["Transport Layer program satellites"],"companies":[{"name":"York Space Systems Inc.","ticker":"YSS","relationship":"target of class action"},{"name":"Johnson Fistel, PLLP","relationship":"plaintiff law firm"},{"name":"Space Development Agency (SDA)","relationship":"primary customer referenced in complaint"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-16T17:33:25.254Z","global_importance":15,"audience_relevance":15,"importance_components":{"note":"underlying allegations (SDA contract risk, IPO disclosure) are substantive but unproven","tickerTier":"recent-IPO mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":5058,"modelName":"glm-5.3-flashx"}}