Maxar Technologies Inc. (TSX & NYSE: MAXR)
Ontario Superior Court of Justice, Court File No.: CV-19-00631107-00CP
This securities class action was filed in November 2019 against Maxar Technologies, its auditor, and certain of its officers and directors alleging the Defendants made misrepresentations during the proposed class period of February 22, 2018 to February 28, 2019 regarding the fair presentation of Maxar’s financial position and financial performance. A copy of the statement of claim can be viewed here.
In September 2021, the plaintiffs discontinued the action without costs as against Maxar’s auditor. A copy of that Order can be viewed here.
One year later, in September 2022, following a motion for leave to proceed that was dismissed, the plaintiffs have discontinued the action as against Maxar and its officers and directors. A copy of that Order can be viewed here, along with court-approved Notices in English and French.
TAKE NOTICE that any applicable limitation periods in respect of these claims, which may have been suspended as a result of this action, began running again on the date of the discontinuance. You may lose the right to sue after the limitation period expires.
If you wish to pursue a court claim arising from Maxar’s alleged misrepresentations made between February 22, 2018 and February 28, 2019, you should seek legal advice immediately. Limitations periods can vary between regions, so you should consult your own lawyer about this.