an exhaustive summary of the lead plaintiff process in the AST SPACEMOBILE CLASS ACTION LAWSUIT4/19/2024
Contact AST SpaceMobile stock loss lawyer Timothy L. Miles today about an AST SpaceMobile class action lawsuit
INTRODUCTION TO THE AST SPACEMOBILE CLASS ACTION LAWSUIT
The AST SpaceMobile class action lawsuit seeks to represent purchasers or acquirers of AST SpaceMobile, Inc. (NASDAQ: ASTS; ASTSW) publicly traded securities between November 14, 2023 and April 1, 2024, inclusive (the “Class Period”). Captioned Klarkowski v. AST SpaceMobile, Inc., No. 24-cv-00102 (W.D. Tex.), the AST SpaceMobile class action lawsuit charges AST SpaceMobile and certain of AST SpaceMobile’s top executives with violations of the Securities Exchange Act of 1934.
If you suffered losses in AST SpaceMobile stock and wish to serve as lead plaintiff, or just have general questions about your rights as a shareholder, please contact AST SpaceMobile Stock Loss Lawyer Timothy L. Miles, at no charge, by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions must be filed with the court no later than June 17, 2024. In this exhaustive summary, we will discuss everything an AST SpaceMobile need to know about the lead plaintiff process in the AST SpaceMobile class action lawsuit. If you have any further questions, do not hesitate to contact me at no charge via the phone or email as indicated above. I would be more than glad you answer your questions about the lead plaintiff process or any other questions. THE LEAD PLAINTIFF DEADLINE IN THE AST SPACEMOBILE CLASS ACTION LAWSUIT
When a securities class action is filed such as the AST SpaceMobile class action lawsuit, the person who files the first complaint is required to publish a notice announcing the filing. Anyone who wants to be lead plaintiff on on behalf of the class must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published. Lead plaintiff motions for the AST SpaceMobile class action lawsuit must be filed with the court no later than June 17, 2024.
THE LEAD PLAINTIFF PROCESS IN THE AST SPACEMOBILE CLASS ACTION LAWSUIT
The PSLRA permits any investor who purchased and suffered losses in AST SpaceMobilestock to seek appointment as lead plaintiff in the AST SpaceMobile class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff.
THE BENEFITS OF SERVING AS LEAD PLAINTIFF IN THE AST SPACEMOBILE CLASS ACTION LAWSUIT
THE RESPONSIBILITIES THE LEAD PLAINTIFF WILL HAVE IN THE AST SPACEMOBILE CLASS ACTION LAWSUIT
frequently asked questionsCan Non-U.S. Investors Serve as Lead Plaintiffs in the Class Action Against AST SpaceMobile?
Yes, courts in the U.S. have consistently recognized that non-U.S. investors, many of whom have substantial holdings, are adequate lead plaintiffs and have the same right to move for lead plaintiffs as U.S. investors. Thus, if a non-U.S. investor suffered losses in AST SpaceMobile stock, they may move the Court to be appointed lead plaintiff in the class action against AST SpaceMobile.
Can I Be Appointed Lead Plaintiff in the AST SpaceMobile Lawsuit if I Purchased Shares Outside of the Class Period?
No. Even if you suffered losses in AST SpaceMobile stock, if you purchased securities outside of the Class period, you will not be able to participate in the AST SpaceMobile class action lawsuit.
Can I Be Lead Plaintiff in the AST SpaceMobile Class Action Lawsuit if I am Lead Plaintiff in Another Case?
Yes, unless you have been a lead plaintiff in more than five securities class actions during any three-year period which is expressly prohibited by the securities laws. Otherwise, if you suffered losses in AST SpaceMobile stock, you may move to be appointed lead plaintiff.
Can the Court Appoint More than One Lead Plaintiff the AST SpaceMobile class action lawsuit?
Yes, at its discretion the Court may appoint a person, entity, or group of persons and/or entities as Lead Plaintiffs in the AST SpaceMobile lawsuit.
Can I Sell My Stock and Still be a Member of the Class in the AST SpaceMobile Class Action Lawsuit?
Yes. There is no requirement for you to retain ownership of the stock after the class period has expired to participate in the AST SpaceMobile class action lawsuit.
CONTACT AN AST SPACEMOBILE STOCK LOSS LAWYER TODAY ABOUT AN AST SPACEMOBILE CLASS ACTION LAWSUIT
If you suffered losses in AST SpaceMobile stock, contact AST SpaceMobile stock loss lawyer Timothy L. Miles today for a free case evaluation about an AST SpaceMobile class action lawsuit. Call today and see what an AST SpaceMobile stock loss lawyer could do for you if you suffered losses in AST SpaceMobile stock. This will most likely be the only call you need to make. (855) 846–6529 or [email protected].
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected]
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The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846-6529 Email: [email protected] HOURS OF OPERATION Mon-Fri: 24/7 Sat-Sun: 24/7 |