An investigation on behalf of current long-term investors in shares of Virgin Galactic Holdings, Inc. (NYSE: SPCE).
Certain directors of Virgin Galactic Holdings, Inc. are under investigation for potential breaches of fiduciary duty.
Investors who are currently long-term investors in shares of Virgin Galactic Holdings, Inc. (NYSE: SPCE) have certain options and should contact the Shareholders Foundation at [email protected] or call +1 ( 858) 779 – 1554.
Law Firm Investigation of Current NYSE Long-Term Investors: SPCE Actions follow a lawsuit against Virgin Galactic Holdings, Inc. for alleged violations of securities laws. The investigation on behalf of current long-term investors in NYSE: SPCE Shares, concerns the liability of certain directors of Virgin Galactic Holdings, Inc. in connection with the allegations made in this lawsuit.
According to this complaint filed with the United States District Court for the Eastern District of New York, the plaintiff alleges that the defendants made false and / or misleading statements and / or failed to disclose that for accounting purposes, SCH mandates were to be treated as liabilities rather than shares, that Virgin Galactic had weak disclosure controls and procedures and internal control over financial reporting, that as a result the Company incorrectly accounted for the warrants of SCH SCH which were in progress at the time of the business combination, and that, as a result, the Company’s public statements were materially false and misleading at all material times.
Those who have purchased shares of Virgin Galactic Holdings, Inc. (NYSE: SPCE) have certain options and should contact the Shareholder Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North
San Diego, California 92108
Phone. : + 1- (858) -779-1554
Email: [email protected]
About the Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio tracking and claims filing service and investor advocacy group that researches shareholder issues and informs investors of securities lawsuits. , regulations, judgments and other legal news concerning the stocks / financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support and assistance to each shareholder. The Shareholders Foundation, Inc. is not a law firm. The referenced cases, inquiries and / or settlements are not filed / initiated / obtained and / or are not related to the Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied on.
This version was posted on openPR.