AVEX Shareholder Alert: AEVEX Corp. Securities Class Action Lawsuit - Investors With Losses May Contact SueWallSt

Three AEVEX Corp. officers and directors who signed the IPO offering documents are named as individual defendants in a securities class action alleging the filings concealed a pre-arranged plan to waive the Company's 180-day lock-up.

NEW YORK, Sept. 17, 2026 /PRNewswire/ -- SueWallSt alerts investors in AEVEX Corp. (NYSE: AVEX) of a pending securities class action on behalf of purchasers of AEVEX securities between April 17, 2026 and June 4, 2026. Find out if you may qualify to recover losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.

AEVEX Class A shares fell approximately 16% on June 2, 2026 and a further 7% on June 5, 2026, erasing roughly $900 million in market capitalization across the two sessions. To be considered for lead plaintiff, investors must file by October 20, 2026.

The Named Individual Defendants

The action names Chief Executive Officer Roger Wells, who has served as CEO since October 2025 and as President from April through October 2025; Chief Financial Officer Todd Booth, CFO since September 2025; and Board Chairman Brian Raduenz, Chairman since October 2025 and CEO from 2017 through October 2025. Each signed the IPO offering documents that the complaint alleges contained material misstatements and omissions concerning the durability of the 180-day lock-up restricting the Company's controlling stockholder from selling Class A shares before October 13, 2026.

Section 20(a) Control Person Framework

Beyond the primary claims under Section 10(b) and Rule 10b-5, the action asserts control person claims under Section 20(a) of the Exchange Act and Section 15 of the Securities Act. In practical terms, officers and directors who controlled the content of the offering documents may be held personally liable for alleged misstatements within them.

Alleged Control Person Liability

• Each individual defendant signed the April 2026 registration statement and prospectus at issue.
• Sarbanes-Oxley Sections 302 and 906 impose personal certification duties on the CEO and CFO regarding the accuracy and completeness of SEC filings.
• The complaint alleges the individual defendants had the power and authority to control the Company's reports, press releases, and statements to investors.
• The offering documents stated the controlling stockholder's registration rights would apply only "following our initial public offering and the expiration of any related lock-up period."
• The complaint alleges CEO compensation was tied to targets set annually in coordination with the private equity owner.
• The complaint alleges the individual defendants had access to material non-public information about the pre-arranged waiver plan.

"Corporate officers have a duty to ensure their companies' public statements are accurate and complete. Here, the complaint alleges that the executives who signed AEVEX's offering documents described a 180-day lock-up as binding while a plan to waive it was already in place." -- Joseph E. Levi, Esq.

Submit your information here or call (888) SueWallSt.

WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

Frequently Asked Questions About the AVEX Lawsuit

Q: Who are the defendants named in the AVEX lawsuit? A: The complaint names AEVEX Corp. and individual defendants including senior executives who signed SEC filings, made public statements, or certified financial disclosures under Sarbanes-Oxley. The action also names the Company's controlling private equity owner and the underwriter representatives for the offerings.

Q: What court was the AVEX class action filed in? A: The case was filed in the United States District Court for the Southern District of California, governed by the Private Securities Litigation Reform Act of 1995.

Q: What specific misstatements does the AVEX lawsuit allege? A: The complaint alleges AEVEX Corp. made materially false or misleading statements regarding the permanence of a 180-day IPO lock-up that purportedly barred its controlling stockholder from selling shares until October 13, 2026. When filings revealed that underwriters had agreed to waive those restrictions to permit a secondary offering, the stock price declined sharply.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.

Q: What do AVEX investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member.

Q: What if I already sold my AVEX shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate.

Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. If there is a settlement or recovery, eligible class members generally submit a claim form to seek their portion.

Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in the securities class action, they are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

CONTACT:\
Levi & Korsinsky, LLP\
Joseph E. Levi, Esq.\
33 Whitehall Street, 27th Floor\
New York, NY 10004\
[email protected]\
Tel: (888) SueWallSt\
Fax: (212) 363-7171

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SOURCE SueWallSt.com