Please complete this form relating to your transactions for Maxar Technologies Inc. (NYSE: MAXR) securities between March 26, 2018 and January 6, 2019, both dates inclusive (the “Class Period”).
You may also contact James Maro, Esq. at (484) 270-1453; or you may submit your information via email at firstname.lastname@example.org, or you may click here to print a PDF of this form.
On January 14, 2019, the initial complaint in this securities class action was filed against Maxar Technologies Inc. (“Maxar” or the “Company”), and certain of Maxar’s directors and officers, asserting violations of sections 10(b) and 20(a) of the Securities Exchange Act.
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, the Complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (i) Maxar improperly inflated the value of its intangible assets, among other accounting improprieties; (ii) Maxar’s highly-valued WorldView-4 was equipped with CMGs that were faulty and/or ill-suited for their designed and intended purpose; and (iii) as a result, Maxar’s public statements were materially false and misleading at all relevant times.
This is a securities class action brought on behalf of purchasers of Maxar Technologies, Inc. securities between March 26, 2018 and January 6, 2019, inclusive.
Current Status of Case:
Lead Plaintiff filed a consolidated Complaint on October 7, 2019. Defendants filed a Motion to Dismiss the consolidated Complaint on December 6, 2019. On September 11, 2020, the Court issued an Order granting in part and denying in part defendants' Motion to Dismiss. The Court entered a Scheduling rder on October 28, 2020. Fact discovery is scheduled to be completed by December 16, 2021. Expert discovery is scheduled to be completed by April 4, 2022. Plaintiffs filed a Motion to Certify Class on February 12, 2021. Defendants’ Response to Plaintiffs’ Motion to Certify Class was filed on June 4, 2021. The Motion was granted on July 16, 2021. This action is still ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453; or via e-mail at email@example.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.