Maxar Technologies Inc. Securities Fraud Class Action

VIEW COMPLAINT

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 Jon Naji, Esq. at (484) 270-1453; or you may submit your information via email at info@ktmc.com, or you may click here to print a PDF of this form.

Information Sheet

* Denotes required field

First Name *

Last Name *

Email *

Country

City

State\Province

Zip\Postal Code

Country Prefix

Phone Number

Phone Type

Purchase(s)

+ Additional Purchases

Sale(s)

+ Additional Sales

Date

# of Shares

Price per Share

Date

Principal Amount

Amount Paid

Series or CUSIP

Date

# of Contracts

Price per Contract

Exercise Price

Expiration Date

Did you purchase shares of Maxar Technologies Inc. (2019) prior to the Class Period?

Yes

Are you a current or former employee of Maxar Technologies Inc. (2019)?

Yes

The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.

I agree to the KTMC
disclaimer

Yes

I would like to receive
new case alerts by email

Yes

Submit Your Information

COMPANY	Maxar Technologies Inc.
COURT	United States District Court for the District of Colorado
CASE NUMBER	19-cv-00124
JUDGE	The Hon. William J. Martinez
CLASS PERIOD	March 26, 2018 - January 6, 2019
SECURITY TYPE	All Securities

Case Background:

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. This is a federal securities class action brought on behalf of purchasers of Maxar securities between March 26, 2018 and January 6, 2019, both dates inclusive (the “Class Period”).

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations and compliance policies. Specifically, the complaint alleges that 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.

Current Status of Case:

On October 7, 2019, Lead Plaintiffs filed a consolidated complaint (the “Complaint”). Defendants filed a Motion to Dismiss the 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. Lead Plaintiffs filed a Motion to Certify Class on February 12, 2021. On September 20, 2022, Plaintiffs filed a Motion for Preliminary Approval of Settlement. On October 3, 2022, the Court issued an Order indicating that the parties have reached a settlement and have requested preliminary approval of said settlement. The Court has not preliminarily approved the proposed settlement and no final settlement hearing has been scheduled yet. This action remains 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: Jon Naji, Esq. (484) 270-1453; or via e-mail at info@ktmc.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.