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Class Action News

Levi & Korsinsky Announces Maxar Lawsuit; MAXR Class Action

Levi & Korsinsky

February 22, 2019

NEW YORK, February 21, 2019 – The following statement is being issued by Levi & Korsinsky, LLP announces that a class action has commenced on behalf of shareholders who purchased shares of Maxar Technologies Inc. (“Maxar”) (NYSE: MAXR) between March 29, 2018 and January 7, 2019. The MAXR class action lawsuit has been commenced in the United States District Court for the District of Colorado. To get more information about the Maxar lawsuit go to: https://www.zlk.com/pslra-1/maxar-technologies-inc-loss-form or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The MAXR class action complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Maxar improperly inflated the value of its intangible assets, among other accounting improprieties; (ii) Maxar’s highly-valued WorldView-4 was equipped with CMGs that were faulty and/or ill-suited for their designed and intended purpose; and (iii) as a result, Maxar’s public statements were materially false and misleading at all relevant times.

If you suffered a loss in Maxar you have until March 15, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com