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Investors Reminded of Nov. 23 Deadline to Seek Lead Plaintiff in Honeywell Aerospace Fraud Suit
Law firm Faruqi & Faruqi urges Honeywell Aerospace investors to act before the Nov. 23, 2026 deadline in a securities class action alleging misleading statements.
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Faruqi & Faruqi, LLP filed a notice reminding shareholders of Honeywell Aerospace (NASDAQ: HONA) that they must file a motion by November 23, 2026 if they wish to be considered as lead plaintiff in the federal securities class action already pending against the company. The firm’s partner James (Josh) Wilson urged anyone who bought HONA securities between June 29 and September 1 2026 and suffered losses to contact him directly.
The complaint alleges the company and its executives violated federal securities laws by making false or misleading statements and omitting material facts. Specifically, the suit claims Honeywell misrepresented the impact of a small group of suppliers on sales, failed to disclose supply‑chain constraints, and concealed an ongoing Department of Justice investigation. The filing notes the company "pay over $2 million to settle False Claims Act allegations" related to cybersecurity compliance on a Defense contract.
Investors felt the impact immediately. After reporting second‑quarter results on August 5, 2026—net income down 70% year‑over‑year and adjusted EPS down 32%—the stock fell $47.17, or 23.16%, closing at $156.47 the next day. A later announcement on September 1, 2026 of the DOJ settlement pushed the price down another $3.87, a 2.45% decline to $154.24.
Under the class‑action framework, the court‑appointed lead plaintiff is the class member with the largest financial interest who is both adequate and typical of the class. Any eligible investor may move to become lead plaintiff by filing a motion, but may also remain a non‑lead class member; participation does not affect the right to share in any recovery that may result.
Faruqi & Faruqi, a national securities litigation firm with offices in New York, Pennsylvania, California and Georgia, has recovered “hundreds of millions of dollars” for investors since its 1995 founding. The firm invites shareholders, whistleblowers, former employees and others with information about Honeywell’s conduct to reach out via its website or the phone numbers listed in the notice.
Why it matters: The deadline gives affected investors a chance to influence litigation strategy and potentially benefit from any recovery stemming from alleged securities fraud.