J. Caleb Boggs Federal Courthouse in Wilmington. Photo: Diego M. Radzinschi/ALM Shareholder in Space Tech Company Says Directors' Actions Caused Plummeting Stock Price
The complaint alleges Maxar Technologies Inc. and 13 individual defendants' failure to promptly inform the public of hugely inflated accounts and a major deal falling through in 2018 qualifies as a securities law violation.
September 21, 2020 at 07:24 PM
4 minute read
A space technology company's directors and executives should be held accountable for how they handled events preceding a more than 86% decrease in stock value in less than three months, a shareholder argues.
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