Comments on: Investors sue Virgin Galactic for stock fraud https://behindtheblack.com/behind-the-black/points-of-information/investors-sue-virgin-galactic-for-stock-fraud/ Wed, 30 Nov 2022 22:04:49 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Robert Zimmerman https://behindtheblack.com/behind-the-black/points-of-information/investors-sue-virgin-galactic-for-stock-fraud/#comment-1371162 Wed, 30 Nov 2022 22:04:49 +0000 https://behindtheblack.com/?p=76342#comment-1371162 In reply to David NuHavun.

David NuHavun: Some information on the New York lawsuit can be found here\

https://www.bloomberg.com/news/articles/2022-11-07/judge-says-virgin-galactic-investors-can-continue-branson-suit?leadSource=uverify%20wall

This story involves Kusnier v Virgin Galactic Holdings Inc, 21-cv-3070, US District Court for the Eastern District of New York (Brooklyn).

Information about the Shane Livin lawsuit can be found here:

https://parabolicarc.com/2021/12/19/class-action-lawsuit-filed-against-virgin-galactic-alleging-securities-fraud/

It appears you are spelling Shane Lavin’s name wrong, which might be part of your difficulty locating the case. Lavin’s actual complain can be found here [pdf].

It lists the plantiff’s attorneys as:

BRONSTEIN, GEWIRTZ & GROSSMAN, LLC
Peretz Bronstein
60 East 42nd Street, Suite 4600
New York, New York 10165
Telephone: (212) 697-6484

]]> By: David NuHavun https://behindtheblack.com/behind-the-black/points-of-information/investors-sue-virgin-galactic-for-stock-fraud/#comment-1371155 Wed, 30 Nov 2022 21:37:33 +0000 https://behindtheblack.com/?p=76342#comment-1371155 What law firm is handling the Class Action Suite against Virgin Galatic and Richard Branson for fraud? I am 76 and have lost over $40,000becasue of the deflated SPCE stock. I want to be of the suite filed by Shane Levin. I am getting no where. I have the case # 21-cv-03070. I keep going down one Rabbit Trail after another.

In the kindness of on of your hearts can you tell me how to find out the Law Firm handling this case of how to contact Shane Levin, it would be well appreciated.

Cordially yours, David NuHavun 315-372-3024…Syracuse, N.Y.

]]> By: Jay https://behindtheblack.com/behind-the-black/points-of-information/investors-sue-virgin-galactic-for-stock-fraud/#comment-1136601 Wed, 09 Jun 2021 16:00:21 +0000 https://behindtheblack.com/?p=76342#comment-1136601 Interesting. Branson sold his personal shares of Virgin Galactic last year for over $500 million. Branson is still the head of the Virgin Group which owns a one third share of this subsidiary – Virgin Galactic.
I know that subsidiaries are created to protect the parent company from liabilities. I guess this is a question for a business lawyer, but can they go after Branson for the past sales of stock if these falsified numbers are true?

]]> By: Col Beausabre https://behindtheblack.com/behind-the-black/points-of-information/investors-sue-virgin-galactic-for-stock-fraud/#comment-1136552 Wed, 09 Jun 2021 11:18:15 +0000 https://behindtheblack.com/?p=76342#comment-1136552 About time !

]]> By: Jeff Wright https://behindtheblack.com/behind-the-black/points-of-information/investors-sue-virgin-galactic-for-stock-fraud/#comment-1136483 Wed, 09 Jun 2021 04:13:27 +0000 https://behindtheblack.com/?p=76342#comment-1136483 I’m surprised the suit took this long.

]]> By: concerned https://behindtheblack.com/behind-the-black/points-of-information/investors-sue-virgin-galactic-for-stock-fraud/#comment-1136362 Tue, 08 Jun 2021 19:29:33 +0000 https://behindtheblack.com/?p=76342#comment-1136362 I thought Sir Richard was supposed to take his family along on his first joyride. What happened to those plans?

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