Portnoy Law Firm Announces Class Action On Behalf Of AEVEX Corp. Investors

(MENAFN- GlobeNewsWire - Nasdaq) LOS ANGELES, Sept. 01, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises AEVEX Corp., (“AEVEX” or the "Company") (NYSE: AVEX) investors of a class action on behalf of investors that bought securities between April 17, 2026 - June 4, 2026, inclusive (the“Class Period”). AEVEX investors have until October 20, 2026 to file a lead plaintiff motion.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email:..., to discuss their legal rights, or join the case via . The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.

AEVEX operates as a defense technology contractor and enabler of the U.S. Unmanned Aerial Systems (UAS) dominance strategy mission. AEVEX operates in two segments, Tactical Systems and Global Solutions. The complaint alleges that in its April 2026 IPO, AEVEX sold 18.4 million shares of common stock.

The AEVEX class action lawsuit alleges that in the IPO's offering documents and throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that despite conveying a commitment to follow a 180-day“lock-up” and therefore prevent Madison Dearborn Partners, LLC from selling its Class A common stock or converting or exchanging its Class B or LLC Units into Class A common stock for public sale until at least October 13, 2026, defendants concealed a pre-arranged plan between Madison Dearborn Partners, LLC, Goldman Sachs & Co. LLC, BofA Securities, Inc., and Jefferies LLC to prematurely abrogate that commitment and allow for a secondary public offering (“SPO”) shortly after the IPO.

On June 1, 2026, after the market closed, AEVEX allegedly filed a registration statement with the SEC on Form S-1 announcing AEVEX' intention to sell eight million more shares of Class A common stock to the investing public via an SPO. On this news, the price of AEVEX Class A common stock fell approximately 16%, according to the complaint.

On June 5, 2026, AEVEX filed a final prospectus, dated June 3, 2026, with the SEC on Form 424B4, which, together with the registration statement, formed the offering documents for the SPO. The offering documents for the SPO allegedly disclosed the existence of the defendants' pre-arranged plan to waive Madison Dearborn Partners, LLC's“lock-up” restrictions. On this news, the price of AEVEX Class A common stock fell 7% further, according to the complaint.

The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
...
310-692-8883

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