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A federal securities class action has been filed in the U.S. District Court for the District of Colorado over York Space Systems' IPO materials and disclosures. The complaint alleges misleading statements and omissions about software functionality, operational readiness and defense contracts.
Hagens Berman said a federal securities class action is pending against York Space Systems in the U.S. District Court for the District of Colorado. The filing concerns IPO-related allegations and sets an October 30, 2026 lead plaintiff deadline.
G-III Apparel reported second-quarter net sales of $554 million, slightly below plan, while non-GAAP EPS came in at $0.26, above guidance of $0.15 to $0.25. Gross margin expanded 440 basis points year over year.