Virgin Galactic Holdings, Inc. Investors: Last Days to
Investors with losses are advised to contact the company beforehand July 27, 2021; Click here to submit trade information
LOS ANGELES, June 17, 2021 (GLOBE NEWSWIRE) – Portnoy law firm advises investors that a class action lawsuit is filed on behalf of. was submitted Virgin Galactic Holdings, Inc. (NYSE: SPCE) Investors who purchased shares between October 26, 2019 and April 30, 2021. Investors have up July 27, 2021 to seek an active role in this litigation.
Investors are encouraged to contact Attorney Lesley F. Portnoy by phone at 310-692-8883 or email to determine eligibility to participate in this lawsuit or click here to join the case.
This lawsuit alleges that, during the class action period, Virgin made misleading and false information and failed to disclose that: (i) the SCH warrants were to be treated as liabilities rather than shares for accounting purposes; (ii) Virgin Galactic’s disclosure controls and procedures and its internal controls over financial reporting were inadequate; (iii) as a result, Virgin Galactic has not properly accounted for SCH warrants outstanding at the time of the business combination; and (iv) Virgin Galactic’s public statements were therefore, at all relevant times, materially false and misleading.
A class action lawsuit has already been filed. If you want to appear as the main plaintiff, you have to go to court no later than no July 27, 2021.
Please visit our website to review more information and submit your transaction information.
Portnoy law firm represents investors in prosecuting claims arising from corporate misconduct. The company’s founding partner has recovered over $ 5.5 billion for aggrieved investors. Lawyer advertising. Previous results do not guarantee similar results.
Lesley F. Portnoy, Esq.
Approved CA and NY bar