Kaplan Fox Notifies Hyliion Holdings Corp. (HYLN) Investors of a Securities Class Action Lawsuit - Deadline is October 27, 2026

Kaplan Fox & Kilsheimer LLP has announced that a class action lawsuit has been filed against Hyliion Holdings Corp. (NYSE American: HYLN) on behalf of investors who purchased or acquired Hyliion securities between May 12, 2026, and June 23, 2026. Investors who have suffered losses are encouraged to contact Kaplan Fox by October 27, 2026, to potentially serve as lead plaintiff.

The complaint alleges that on May 12, 2026, Hyliion announced a non-binding letter of intent (LOI) with VFG Holdings LLC to provide power modules for data center applications, which led to a stock price increase. The complaint further alleges that Defendants made false and misleading statements to cause rapid stock appreciation and for insider trading. On June 23, 2026, Pelican Way Research issued a report questioning the substance of the VFG partnership, leading to a significant drop in Hyliion's stock price on June 23 and June 24, 2026.