Honeywell Aerospace faces securities class action after earnings cut and DOJ cybersecurity settlement

  • Pomerantz LLP filed a class action against Honeywell Aerospace and certain officers and directors.
  • Honeywell Aerospace shares fell $47.17, or 23.16%, to $156.47 on August 6, 2026.
  • Investors have until November 23, 2026, to seek Lead Plaintiff appointment.

Pomerantz LLP announced that a class action lawsuit was filed against Honeywell Aerospace Inc. and certain of its officers and/or directors over alleged securities fraud or other unlawful business practices. The action covers investors who purchased or otherwise acquired Honeywell Aerospace securities during the Class Period, with November 23, 2026, set as the deadline to ask the Court for appointment as Lead Plaintiff. The case follows Honeywell Aerospace’s August 5, 2026, second-quarter earnings report, which showed a 70% year-over-year decline in net income, a 32% decrease in adjusted earnings per share and a reduction in full-year adjusted EBIT growth guidance from 7%-10% to flat-to-3%. The company’s stock fell $47.17, or 23.16%, to $156.47 on August 6. On September 1, the U.S. Department of Justice said Honeywell Aerospace agreed to pay over $2 million to settle False Claims Act allegations involving cybersecurity requirements in a U.S. Department of Defense contract. The stock fell another $3.87, or 2.45%, to $154.24 that day.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.