Security Investigation
AEVEX Corp. (NYSE: AVEX)
57 Days left to seek lead plaintiff status.
Contact a Lawyer Now
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in AEVEX Corp. (“Aevex” or the “Company”) (NYSE: AVEX) of a class action securities lawsuit.
The lawsuit seeks to recover losses on behalf of investors who purchased or otherwise acquired Aevex’s publicly traded Class A common stock between April 17, 2026 and June 4, 2026, inclusive (the “Class Period”) and/or pursuant or traceable to the registration statement and prospectus (the “IPO Offering Documents”) issued in connection with Aevex’s April 17, 2026 initial public offering (“IPO”).
According to the Complaint, Aevex and certain of its executives are charged with concealing a pre-arranged plan between Madison, which owned 100% of AEVEX’s common stock, and the Underwriter Defendants to prematurely override the commitment requiring a 180-day lock-up after the IPO to prevent Madison from selling its shares.
Specifically, the lawsuit alleges that AEVEX represented that a 180-day “lock-up” would prevent Madison from selling its Class A common stock, or from converting or exchanging its Class B shares or LLC Units into Class A common stock for public sale, until at least October 13, 2026. In truth, the Company allegedly concealed a pre-arranged plan between Madison and the Underwriter Defendants to abrogate that commitment early and clear the way for an SPO shortly after the IPO — one through which Madison would reap over $200 million and the Underwriter Defendants would share in a further $8-plus million in fees.
If you invested in Gemini and suffered a loss during the relevant time frame, you have until October 20, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff. Aevex investors should contact KSF Managing Partner Lewis Kahn toll-free at (877) 515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.
The case is Rosenberg v. Aevex Corp., No. 26-cv-04779.