AST SpaceMobile, Better Home, Ardelyx Face Class Actions

Investors who bought AST SpaceMobile securities from March 4, 2025, through July 15, 2026, are covered by a proposed securities class action alleging the company and some executives misrepresented or failed to disclose risks to its finances and business outlook. The complaint alleges AST’s rising capital needs could drive more borrowing and shareholder dilution than indicated, while the company overstated its liquidity and competitive position in the direct-to-cell satellite market despite slow adoption in the United States and Japan. It also claims AST continued to overstate its competitive position after the EchoStar transaction. Investors have until November 13, 2026, to seek appointment as lead plaintiff; the allegations have not been proven in court.