Cases
Maxar Technologies Ltd. (MAXR)
Securities Class Action
Overview
Overview
- Date:
- 1/15/2019
- Company Name:
- Maxar Technologies Ltd.
- Stock Symbol:
- MAXR
- Class Period:
- FROM 3/29/2018 TO 1/7/2019
- Status:
- Closed/Complete
- Court:
- U.S. District Court: Colorado
NEW YORK, January 15, 2019 - Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the U.S. District Court for the District of Colorado on behalf of all persons or entities who purchased or otherwise acquired Maxar Technologies Ltd. (NYSE:MAXR) securities between March 29, 2018 and January 7, 2019 (the Class Period). Investors have until March 15, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The complaint alleges that throughout the class period defendants made materially false and misleading statements regarding the company's business, operational, and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) Maxar improperly inflated the value of its intangible assets, among other accounting improprieties; (2) Maxar's highly-valued WorldView-4 was equipped with CMGs that were faulty and/or ill-suited for their designed and intended purpose; and (3) as a result, Maxar's public statements were materially false and misleading at all relevant times.
If you purchased Maxar securities during the Class Period or continue to hold shares purchased before the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you. style="text-align: center;">Join the action by filling out the form below.
The complaint alleges that throughout the class period defendants made materially false and misleading statements regarding the company's business, operational, and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) Maxar improperly inflated the value of its intangible assets, among other accounting improprieties; (2) Maxar's highly-valued WorldView-4 was equipped with CMGs that were faulty and/or ill-suited for their designed and intended purpose; and (3) as a result, Maxar's public statements were materially false and misleading at all relevant times.
If you purchased Maxar securities during the Class Period or continue to hold shares purchased before the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you. style="text-align: center;">Join the action by filling out the form below.