Johnson Fistel, PLLP is investigating Astrotech Corporation on behalf of investors who suffered losses. The investigation follows a June 2, 2026 short report by Fugazi Research alleging that Astrotech repeatedly shifted its business model to chase market themes while relying on capital raises despite limited commercial success, and raised governance concerns including that Thomas Boone Pickens III simultaneously serves as CEO, CTO, Chairman, and Principal Financial Officer. Astrotech’s stock price declined after the report. Johnson Fistel is examining whether the company and certain officers and directors violated federal securities laws.
Astrotech CorpInvestigation into potential securities law violations following a short report alleging business model shifts and governance concerns.