Virgin Galactic $8.5M Securities Class Action Settlement
Virgin Galactic has agreed to an $8.5 million securities class action settlement for investors who purchased stock between July 10, 2019, and August 4, 2022. The lawsuit alleged the company made false statements about its commercial spaceflight program, leading to inflated stock prices and investor losses. Eligible class members can claim a cash payment, with the payout amount depending on factors like the number of valid claims and individual transaction timing.
https://www.claimdepot.com/settlements/virgin-galactic-securities-settlement