Kaskela Law LLC Announces Stockholder Investigation of Maxar Technologies Inc. and Encourages Long-Term Stockholders to Contact the Firm

Kaskela Law LLC announces that it is investigating Maxar Technologies Inc. ("Maxar" or the "Company") (NYSE: MAXR) on behalf of the company's stockholders.

Current Maxar s tockholders who purchased or acquired shares of Maxar 's common stock prior to March 26, 2018 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. ) at (484) 258 – 1585, or by email at skaskela@kaskelalaw.com or online at https://kaskelalaw.com/case/maxar-technologies-inc/ , for additional information about this investigation and their legal rights and options.

Recently an amended securities fraud complaint was filed against Maxar on behalf of investors who purchased shares of Maxar's common stock between March 26, 2018 to January 6 , 2019.  According to the complaint, during that time period Maxar and certain of the Company's senior executive officers knowingly and/or recklessly issued a series of false and misleading statements regarding: (i) the Company's financial reporting of GeoComm's materially impaired balance sheet assets; (ii) a geosynchronous satellite construction contract known as AMOS-8 that proved to be illusory; and (iii) the October 2018 failure of the WorldView-4 imagery satellite concealed from investors.

The investigation seeks to determine whether the members of Maxar's board of directors breached their fiduciary duties to Maxar and its stockholders in connection with the above alleged misconduct.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation.  For additional information about Kaskela Law LLC please visit www.kaskelalaw.com .

CONTACT:

D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 258 – 1585
(888) 715 – 1740
www.kaskelalaw.com
skaskela@kaskelalaw.com

This notice may constitute attorney advertising in certain jurisdictions.

Cision View original content: https://www.prnewswire.com/news-releases/kaskela-law-llc-announces-stockholder-investigation-of-maxar-technologies-inc-maxr-and-encourages-long-term-stockholders-to-contact-the-firm-301199808.html

SOURCE Kaskela Law LLC

News Provided by PR Newswire via QuoteMedia

The Conversation (0)
Robot with stock chart.

Robotics Stocks: 10 AI, Medical and Industrial Leaders in 2025

As the robotics industry prepares for significant technological advances in artificial intelligence (AI), it’s no surprise that the top robotics stocks are gaining attention.Chief executive officer of Hangzhou Unitree Technology, Wang Xingxing, told the World Robots Conference in Beijing in... Keep Reading...
Robot using a futuristic 3D screen.

ASX Robotics Stocks: 3 Biggest Companies

Robotics is a growing area of engineering and science technology. Although Australia is hoping to lead the way in robotics, the number of pure-play ASX-listed robotics companies currently isn't very long.Robotics is a broad term covering everything from design to the construction and operation... Keep Reading...
Robot and human hands touching lightbulb.

Robotics Market Forecast: Top Trends for Robotics in 2025

2025 is poised to be a pivotal year for the robotics industry, driven by the integration of artificial intelligence (AI). AI technologies such as machine learning, computer vision, natural language processing and reinforcement learning empower robots with unprecedented capabilities for... Keep Reading...
3D rendering of the head of a robot.

5 Biggest Robotics ETFs

With widespread adoption expected to continue across various industries, the robotics sector is projected to see major growth in the years to come. To give an idea of the investment opportunities in robotics, data from Mordor Intelligence shows that the industrial robotics market will grow at a... Keep Reading...
robot hand behind and stock charts with 2024 overlay

Robotics Market Forecast: Top Trends That Will Affect Robotics in 2024

Demand for robotic solutions has steadily increased in recent years as industries have become more complex. According to Precedence Research, the global robotics tech market was valued at US$72.17 billion in 2022 and is expected to reach US$283.19 billion by 2032, representing a compound annual... Keep Reading...
robot hand and human hand reaching toward each other

How to Invest in Robotics in Australia

The global robotics industry is expected to grow at a CAGR of 17.64 percent through 2028 to reach US$258.36 billion, according to Mordor Intelligence. The robotics sector is also growing in Australia ― but is it a sector worth investing in?Broadly speaking, robotics is an umbrella term that... Keep Reading...

Latest Press Releases

Related News