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Lavin v. Virgin Galactic Holdings, Inc. et al
Case Number:
1:21-cv-03070
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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December 20, 2023
NY Judge Says She Correctly Cut Virgin Galactic Investor Suit
A New York federal judge refused Tuesday to reconsider her decision to partially toss a shareholder suit alleging Virgin Galactic executives lied to them about the timeline to launch the first flights, saying shareholders did not show the original order failed to consider relevant facts or law.
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August 17, 2023
Virgin Galactic Mostly Grounds Investor Suit Over Co. Launch
A New York federal judge has cut several claims from an investor suit alleging Virgin Galactic Holdings Inc. and its executives lied about the company's timeline for getting its commercial flights off the ground, saying the plaintiffs have failed to resuscitate certain allegations that were previously tossed and have failed to adequately plead other counts, including insider trading allegations.
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February 27, 2023
Spaceflight Co. Virgin Galactic Seeks To Ground Investor Suit
Commercial spaceflight company Virgin Galactic Holdings Inc. has asked a New York federal judge to dismiss investor claims it lied about its anticipated timeline for getting its commercial flights going, telling the court that the latest version of the suit attempts to resuscitate certain aspects of the allegations that were tossed in November.
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October 27, 2021
3 Common Tactics For Challenging SPAC Deals In Court
Special purpose acquisition company mergers remain a popular alternative path to going public, but there's been an increase in associated securities class actions, with shareholders making allegations over issues ranging from inadequate disclosure to outright fraud.
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July 28, 2021
4 Firms Seek To Lead Virgin Galactic Investor Suit
Four law firms are competing to represent a proposed class of investors who claim the space tourism enterprise Virgin Galactic failed to explain the classification of certain investment instruments after it combined with a special purpose acquisition company in October 2019.
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June 01, 2021
Virgin Galactic Faces Investor Suit Over SPAC Disclosures
An investor in space tourism enterprise Virgin Galactic has launched a proposed class action claiming that the company failed to explain the classification of certain investment instruments after it combined with a special purpose acquisition company in October 2019.