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Investigations by a prominent law firm and CEO resignations imply heightened regulatory and governance risk; typical initial reactions are downside price pressure, especially for a recently listed Reg A name like FJET; historical analogs show mixed outcomes, but uncertainty generally weighs on the stock in the near term.
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Johnson Fistel has opened a securities investigation into Starfighters Space after CEO Rick Svetkoff and his spouse resigned in February 2026. Starfighters completed a Regulation A IPO in December 2025, raising about $40 million at $3.59 per share, with trading on the NYSE American under FJET. The executives’ departures and ensuing probe could pressure FJET shares and heighten governance scrutiny, influencing capital-raising prospects and liquidity near term.
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