NEW YORK, NY / ACCESSWIRE / May 31, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against AST SpaceMobile, Inc. ("SpaceMobile" or "the Company") (NASDAQ: ASTS) and certain of its officers. Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired SpaceMobile securities between November 14, 2023 and April 1, 2024, inclusive (the "Class Period").
AST SpaceMobile shares jumped more than 50% on Wednesday and hit their highest level since November 2022 after the satellite communication company announced a new direct-to-cellular tie-up with Verizon Communications.
The cellular broadband network provider have surged, boosted by recent deals with Verizon Communications and AT&T.
Two weeks ago, AST SpaceMobile expanded its relationship with AT&T to provide satellite cellphone service to AT&T customers. Today, AST signed up Verizon as a second major U.S. customer.
AST SpaceMobile (NASDAQ: ASTS ) stock is on the rise Wednesday after the space-based wireless phone service company announced a deal with Verizon (NYSE: VZ ). This deal has AST SpaceMobile agreeing to supply Verizon customers with its direct-to-cellular AST SpaceMobile service when needed.
Satellite-to-phones service provider AST SpaceMobile announced a partnership with Verizon on Wednesday, adding to the company's recent deal with AT&T. AST chairman and CEO Abel Avellan touted the agreements as "essentially eliminating dead zones and empowering remote areas of the country with space-based connectivity.
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The company has no earnings but has the support of communication industry giants. AST SpaceMobile's patented technology may give it a competitive advantage.
LOS ANGELES, CA / ACCESSWIRE / May 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against AST SpaceMobile, Inc. ("AST SpaceMobile" or "the Company") (NASDAQ:ASTS) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 14, 2023 and April 1, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before June 17, 2024.
The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against AST SpaceMobile, Inc. ("AST SpaceMobile" or "the Company") (NASDAQ:ASTS) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 14, 2023 and April 1, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before June 17, 2024.
LOS ANGELES, CA / ACCESSWIRE / May 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against AST SpaceMobile, Inc. ("AST SpaceMobile" or "the Company") (NASDAQ:ASTS) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 14, 2023 and April 1, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before June 17, 2024.
AST SpaceMobile shares are rallying for the second straight day following the company solidifying a key partnership. One Wall Street analyst believes the stock can blast higher from here.