Maxar Technologies Inc. (TSX & NYSE: MAXR, FRA: 2JD, SIX: PB609)
Ontario Superior Court of Justice, Court File No.: CV-19-00631107-00CP
Andrew Morganti and Albert Pelletier have become members of Kim Spencer McPhee Barristers, P.C., and the authoritative page for this securities litigation can now be found at our new website.
This securities class action relates to the Defendants releasing core documents which contained untrue statements of material fact regarding Maxar’s intangible assets and earnings per share (EPS), thereby distorting the Company’s perceived value and share price. The Plaintiff, personally and on behalf of the Class he seeks to represent, alleges that Maxar’s value and share price were artificially inflated after February 22, 2018 when the Company released its 2017 annual audited financial statements and MD&A, containing the alleged misrepresentations regarding Maxar’s intangible assets and EPS.