Robbins LLP is Investigating Allegations that XTI Aerospace, Inc. Misled Investors Regarding the Effectiveness of its Disclosure Controls and Procedures

Robbins LLP informs investors that a class action was filed on behalf of all persons and entities who purchased or otherwise acquired XTI Aerospace, Inc. (NASDAQ: XTIA) securities between April 15, 2026 and August 17, 2026 (the "Class Period"). XTI Aerospace is an aerospace and advanced technology company.

Why Was XTI Aerospace Sued?

According to the complaint, defendants failed to disclose to investors:

(1) that senior executives had engaged in certain undisclosed activities;
(2) that these activities required Board review;
(3) that there was reason to doubt the effectiveness of the Company’s disclosure controls and procedures;
(4) that, as a result, the Company would be unable to timely file its earnings reports; and
(5) that, as a result, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Why Did XTIA Stock Drop?

Plaintiff alleges that on August 17, 2026, after the market closed, XTI Aerospace revealed that it could not timely file its Form 10-Q because, among other things, it is “in the process of  completing an internal review of the Registrant’s former Chief Executive Officer, who resigned on August 17, 2026, and other related corporate governance matters.” On this news, XTI Aerospace’s stock fell $0.25 per share, or 15.9%, to close at $1.32 on August 18, 2026, on unusually heavy trading volume.

Who May Be Eligible?

The lawsuit seeks to represent investors who purchased or otherwise acquired XTI Aerospace, Inc. securities during the applicable Class Period. If you purchased XTI Aerospace, Inc. during this period and suffered investment losses, you may have rights under the federal securities laws. Submit a form for information.

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