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The filed complaint alleges that Innovative Solutions and Support, Inc. made materially false and/or misleading statements and/or failed to disclose that: IS&S issued a press release announcing its financial results for its fiscal third quarter of 2025 on August 14, 2025. Therein, the Company's Chief Executive Officer Shahram Askarpour advised, among other things, that a "pull-forward of F-16 production into the current quarter . . . will impact revenue over the next two quarters[.]" Following this news, IS&S's stock price fell over 31% on August 14, 2025.
In order to be eligible to join the ISSC class action lawsuit, you must have incurred a loss on shares of Innovative Solutions and Support, Inc. purchased during the class period listed above.
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