Maxar Technologies Ltd. Loss Form

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    Levi & Korsinsky announces it has commenced an investigation of Maxar Technologies Ltd. (“Maxar” or “the Company”) (NYSE: MAXR) concerning possible violations of federal securities laws. On August 7, 2018, Spruce Point Capital Management published a report alleging that Maxar is engaging in a “brazen intangible asset inflation scheme to overstate EBITDA and EPS…” The report further asserted that the Company “amended its post-retirement benefit plan to book one-time gains” in a manner that “was not fully disclosed across its investor communications.” Following this news, shares of Maxar fell from a close of $44.41 per share on August 6, 2018, to a close of $36.69 on August 8, 2018.