Kaplan Fox & Kilsheimer LLP has filed a class action lawsuit against Honeywell Aerospace Inc. (NASDAQ: HONA) on behalf of investors who purchased shares between June 29, 2026, and September 1, 2026. The firm is urging affected investors to contact them before the deadline on November 23, 2026, to discuss potential participation in the case.
The lawsuit alleges that Honeywell Aerospace made false or misleading statements during the class period. Specifically, it claims the company failed to disclose supply chain constraints with key suppliers, which had a material impact on sales and profitability. The complaint also references an August 5, 2026, earnings report that revealed a 70% year-over-year drop in net income and a 32% decline in adjusted earnings per share. Following this announcement, the stock price plummeted by $47.17, or 23.16%, closing at $156.47 on August 6, 2026.
Additionally, the lawsuit highlights a September 1, 2026, settlement where Honeywell Aerospace agreed to pay over $2 million to resolve False Claims Act allegations related to cybersecurity requirements in a U.S. Department of Defense contract. This news caused the stock to drop another $3.87, or 2.45%, closing at $154.24 per share.
Kaplan Fox & Kilsheimer LLP, a nationally recognized law firm with over 50 years of experience in complex litigation, emphasizes that investors do not need to seek lead plaintiff status to share in any potential recovery. The firm has a strong track record of securing significant recoveries for clients, including a $2.425 billion recovery for Bank of America shareholders and an $800 million recovery for the Arkansas Teacher Retirement System.