Virgin Galactic under investigation by law firm
Labaton Sucharow, a law firm that specializes in “representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation,” has opened an investigation into Virgin Galactic’s decision on May 3rd to delay the release of its first quarterly report by six days.
Labaton Sucharow, a nationally ranked and award-winning shareholder rights law firm, is investigating potential securities violations and breach of fiduciary duty claims against Virgin Galactic Holdings Inc. (NYSE:SPCE).
On May 4, Virgin Galactic Holdings Inc. closed down over 9% on enormous volume after the space tourism company said it would restate certain past financial results in the wake of recent comments by the Securities and Exchange Commission on the accounting treatment of deals involving special-purpose acquisition companies.
The stock price is still falling, by the way.
Labaton Sucharow, a law firm that specializes in “representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation,” has opened an investigation into Virgin Galactic’s decision on May 3rd to delay the release of its first quarterly report by six days.
Labaton Sucharow, a nationally ranked and award-winning shareholder rights law firm, is investigating potential securities violations and breach of fiduciary duty claims against Virgin Galactic Holdings Inc. (NYSE:SPCE).
On May 4, Virgin Galactic Holdings Inc. closed down over 9% on enormous volume after the space tourism company said it would restate certain past financial results in the wake of recent comments by the Securities and Exchange Commission on the accounting treatment of deals involving special-purpose acquisition companies.
The stock price is still falling, by the way.