{"success":true,"data":{"pressRelease":{"id":"75359","rtpr_id":"nGNXcdXrqH","ticker":"FJET","exchange":"NYSE American","all_tickers":["FJET"],"title":"Johnson Fistel Investigates Starfighters Space, Inc. (FJET) After Disclosures Concerning Executive Resignations","author":"Globe Newswire","published_at":"2026-06-29T12:25:10.269Z","article_body":"SAN DIEGO, June 29, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is\ninvestigating Starfighters Space, Inc. (NYSE American: FJET) on behalf of\ninvestors who suffered losses and whether those losses may be recoverable\nunder federal securities laws.\n\nStarfighters Space Investors: Contact Johnson Fistel\nIf you purchased Starfighters Space securities and suffered losses on your\ninvestment, you are encouraged to click here to join the investigation\n(https://www.globenewswire.com/Tracker?data=fjN2yAMg2aJSz0eD1trKyu3s6nsS1bw8IIs4CNmETPhFiKsalTdb8I-mLvh89WNI-we3p24SXJkUS3i2LOOqLZuJxx89BFIRsw2F_bGN8o7pnuTvT5kNGkb_P03XclkA_lqg6M7JGHjP6Cp6L_e-qxW3EwkG1-fkQRTEU0VWNu6O-SJjc84b3fWwpipotxs0).\n\nFor more information, contact Jim Baker at jimb@johnsonfistel.com or (619)\n814-4471.\n\nThere is no cost or obligation to you.\n\nBackground of the Investigation\nStarfighters Space completed its Regulation A initial public offering in\nDecember 2025, raising approximately $40 million through the sale of common\nstock at $3.59 per share. The Company’s common stock began trading on NYSE\nAmerican under the ticker symbol “FJET” on December 18, 2025.\n\nOn February 23, 2026, Starfighters Space announced that founder Rick Svetkoff\nhad resigned as Chief Executive Officer, President, Chairman, and Director.\nThe Company also disclosed that Brenda Svetkoff, Mr. Svetkoff’s spouse,\nresigned as Company secretary. The Board appointed Tim Franta as Chief\nExecutive Officer.\n\nOn February 25, 2026, Starfighters Space filed a Form 8-K disclosing\nadditional information regarding the resignations. According to the filing,\nMr. Svetkoff’s resignation letter indicated that his disagreement with the\nBoard and the Company related to the operations, policies, and practices of\nthe Company acting through the Board led to his decision to resign from all\nofficer positions and as a director. The Company further disclosed that Mrs.\nSvetkoff’s resignation letter similarly indicated that her disagreement with\nthe Board and the Company related to the operations, policies, and practices\nof the Company acting through the Board led to her decision to resign as\nsecretary. Starfighters stated that it “respectfully disagrees with the\nsubstance of and the assertions and characterizations that are contained in\nthe resignation letters.”\n\nFollowing these disclosures, Starfighters Space’s stock price declined\nsharply.\n\nIn light of these disclosures, Johnson Fistel is investigating whether\nStarfighters Space complied with federal securities laws. If you suffered\nlosses, or are a long-term holder of Starfighters Space stock, contact Johnson\nFistel.\n\nAbout Johnson Fistel, PLLP | Securities Fraud & Investor Rights\nJohnson Fistel, PLLP is a nationally recognized shareholder rights law firm\nwith offices in California, New York, Georgia, Idaho, and Colorado. The firm\nrepresents individual and institutional investors in shareholder litigation\ninvolving securities fraud, breaches of fiduciary duties, and other violations\nof state and federal law.\n\nJohnson Fistel has been recognized as one of the Top 10 Plaintiff Law Firms by\nISS Securities Class Action Services. In 2024, the firm recovered\napproximately $90,725,000 for investors.\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. The attorney responsible for this\ncommunication is Frank J. Johnson.\n\nContact\nJohnson Fistel, PLLP\n501 W. Broadway, Suite 800\nSan Diego, CA 92101\nJames Baker, Investor Relations – or – Frank J. Johnson, Esq.\n(619) 814-4471\njimb@johnsonfistel.com | fjohnson@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":"nGNXcdXrqH","title":"Johnson Fistel Investigates Starfighters Space, Inc. (FJET) After Disclosures Concerning Executive Resignations","author":"Globe Newswire","ticker":"FJET","created":"2026-06-29T12:25:10.269Z","tickers":["FJET"],"exchange":"NYSE American","article_body":"SAN DIEGO, June 29, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is\ninvestigating Starfighters Space, Inc. (NYSE American: FJET) on behalf of\ninvestors who suffered losses and whether those losses may be recoverable\nunder federal securities laws.\n\nStarfighters Space Investors: Contact Johnson Fistel\nIf you purchased Starfighters Space securities and suffered losses on your\ninvestment, you are encouraged to click here to join the investigation\n(https://www.globenewswire.com/Tracker?data=fjN2yAMg2aJSz0eD1trKyu3s6nsS1bw8IIs4CNmETPhFiKsalTdb8I-mLvh89WNI-we3p24SXJkUS3i2LOOqLZuJxx89BFIRsw2F_bGN8o7pnuTvT5kNGkb_P03XclkA_lqg6M7JGHjP6Cp6L_e-qxW3EwkG1-fkQRTEU0VWNu6O-SJjc84b3fWwpipotxs0).\n\nFor more information, contact Jim Baker at jimb@johnsonfistel.com or (619)\n814-4471.\n\nThere is no cost or obligation to you.\n\nBackground of the Investigation\nStarfighters Space completed its Regulation A initial public offering in\nDecember 2025, raising approximately $40 million through the sale of common\nstock at $3.59 per share. The Company’s common stock began trading on NYSE\nAmerican under the ticker symbol “FJET” on December 18, 2025.\n\nOn February 23, 2026, Starfighters Space announced that founder Rick Svetkoff\nhad resigned as Chief Executive Officer, President, Chairman, and Director.\nThe Company also disclosed that Brenda Svetkoff, Mr. Svetkoff’s spouse,\nresigned as Company secretary. The Board appointed Tim Franta as Chief\nExecutive Officer.\n\nOn February 25, 2026, Starfighters Space filed a Form 8-K disclosing\nadditional information regarding the resignations. According to the filing,\nMr. Svetkoff’s resignation letter indicated that his disagreement with the\nBoard and the Company related to the operations, policies, and practices of\nthe Company acting through the Board led to his decision to resign from all\nofficer positions and as a director. The Company further disclosed that Mrs.\nSvetkoff’s resignation letter similarly indicated that her disagreement with\nthe Board and the Company related to the operations, policies, and practices\nof the Company acting through the Board led to her decision to resign as\nsecretary. Starfighters stated that it “respectfully disagrees with the\nsubstance of and the assertions and characterizations that are contained in\nthe resignation letters.”\n\nFollowing these disclosures, Starfighters Space’s stock price declined\nsharply.\n\nIn light of these disclosures, Johnson Fistel is investigating whether\nStarfighters Space complied with federal securities laws. If you suffered\nlosses, or are a long-term holder of Starfighters Space stock, contact Johnson\nFistel.\n\nAbout Johnson Fistel, PLLP | Securities Fraud & Investor Rights\nJohnson Fistel, PLLP is a nationally recognized shareholder rights law firm\nwith offices in California, New York, Georgia, Idaho, and Colorado. The firm\nrepresents individual and institutional investors in shareholder litigation\ninvolving securities fraud, breaches of fiduciary duties, and other violations\nof state and federal law.\n\nJohnson Fistel has been recognized as one of the Top 10 Plaintiff Law Firms by\nISS Securities Class Action Services. In 2024, the firm recovered\napproximately $90,725,000 for investors.\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. The attorney responsible for this\ncommunication is Frank J. Johnson.\n\nContact\nJohnson Fistel, PLLP\n501 W. Broadway, Suite 800\nSan Diego, CA 92101\nJames Baker, Investor Relations – or – Frank J. Johnson, Esq.\n(619) 814-4471\njimb@johnsonfistel.com | fjohnson@johnsonfistel.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/bb2e6cf6-9d53-4d2e-a5d2-759cdd3b516c)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-29T12:25:10.304597089Z","server_sent_at_ms":1782735910304},"received_at":"2026-06-29T12:25:10.370Z","source_url":null},"analysis":{"id":"64709","press_release_id":"75359","analysis_json":{"industry":{"label":"Aerospace & Defense","sector":"Industrials"},"redFlags":["Founder/CEO resigned citing disagreements with Board over operations, policies, and practices"],"eventType":"legal_litigation","narrative":"Johnson Fistel is investigating Starfighters Space on behalf of investors regarding potential violations of federal securities laws following disclosures about executive resignations.\n\nThe investigation focuses on the February 2026 departure of founder Rick Svetkoff as CEO and Chairman, who cited disagreements with the Board over the company's operations and policies.\n\nThis press release is a solicitation by a plaintiff law firm encouraging affected investors to contact them; it does not constitute an admission of liability by the company.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{"customDimensions":{"ipo_date":"December 18, 2025","ipo_price":"$3.59","ipo_proceeds":"$40 million","resignation_date":"February 23, 2026"}},"quotedText":"respectfully disagrees with the substance of and the assertions and characterizations that are contained in the resignation letters.","namedEntities":{"people":[{"name":"Rick Svetkoff","role":"former CEO, President, Chairman, and Director"},{"name":"Brenda Svetkoff","role":"former Secretary"},{"name":"Tim Franta","role":"Chief Executive Officer"},{"name":"Jim Baker","role":"Investor Relations, Johnson Fistel"},{"name":"Frank J. Johnson","role":"Attorney, Johnson Fistel"}],"products":[],"companies":[{"name":"Starfighters Space, Inc.","ticker":"FJET"},{"name":"Johnson Fistel, PLLP","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$40 million","context":"Regulation A initial public offering proceeds"},{"amount":"$3.59 per share","context":"Regulation A initial public offering price"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm shareholder solicitation issued by Johnson Fistel. No new disclosure from the issuer; no certified class, no settlement. Standard investigation notice regarding prior executive departures."},"tickerRelevance":{"others":[],"primary":"FJET"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Johnson Fistel is investigating Starfighters Space on behalf of investors regarding potential violations of federal securities laws following disclosures about executive resignations.\n\nThe investigation focuses on the February 2026 departure of founder Rick Svetkoff as CEO and Chairman, who cited disagreements with the Board over the company's operations and policies.\n\nThis press release is a solicitation by a plaintiff law firm encouraging affected investors to contact them; it does not constitute an admission of liability by the company.","key_figures":{"customDimensions":{"ipo_date":"December 18, 2025","ipo_price":"$3.59","ipo_proceeds":"$40 million","resignation_date":"February 23, 2026"}},"named_entities":{"people":[{"name":"Rick Svetkoff","role":"former CEO, President, Chairman, and Director"},{"name":"Brenda Svetkoff","role":"former Secretary"},{"name":"Tim Franta","role":"Chief Executive Officer"},{"name":"Jim Baker","role":"Investor Relations, Johnson Fistel"},{"name":"Frank J. Johnson","role":"Attorney, Johnson Fistel"}],"products":[],"companies":[{"name":"Starfighters Space, Inc.","ticker":"FJET"},{"name":"Johnson Fistel, PLLP","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$40 million","context":"Regulation A initial public offering proceeds"},{"amount":"$3.59 per share","context":"Regulation A initial public offering price"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-29T12:53:55.343Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":203834,"modelName":"george-droid-qwen-72b"}}