Space Tech Company Maxar Technologies Hit With Securities Suit Amid Proposed $6.4B Advent Acquisition
This suit was surfaced by Law.com Radar. Read the complaint here.
February 28, 2023 at 07:21 PM
1 minute read
LitigationSpace tech company Maxar Technologies and members of its board of directors were slapped with a shareholder lawsuit on Monday in California Northern District Court over the company's proposed acquisition by Advent International for $6.4 billion. The suit, brought by Weiss Law on behalf of Jeweltex Manufacturing Retirement Plan, alleges that the proxy statement filed in support of the deal contains false information. Counsel have not yet appeared for the defendants. The case is 5:23-cv-00873, Jeweltex Manufacturing Retirement Plan v. Maxar Technologies Inc. et al.
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